Job Introduction
This role will be based in the London (Woolgate) office and the jobholder will be an Associate within the Fund Goverance & Oversight Team for the Multi Asset Funds (MAF). The functions oversees the fund administration processes for the Handelsbanken UK funds, ensuring the appropriate oversight and financial controls are in place, and liaising with the relevant internal and external stakeholders.
Main Responsibilities
- Oversee the Net Asset Value process ensuring processes and procedures are appropriately documented and adhered to.
- Oversee the Transfer Agency process ensuring our clients are serviced to the standard that Handelsbanken expects.
- Oversee the Custody function ensuring processes and procedures are appropriately documented and adhered to.
- Build & maintain relationships with the third-party suppliers which includes input to the Service Level Agreements (SLAs).
- Review deliverables from the third-party suppliers against the agreed SLAs & KPIs and help manage performance via the monthly service meetings.
- Involvement in the interim and annual financial reporting process ensuring appropriate planning and supervision of the audit process and timely delivery and publication of reports and accounts; and attend relevant Audit Committees.
- To provide cover for the Manager in their absence.
- To contribute to the day-to-day activities of the Fund Administration Team including regular tasks and query resolution.
- Coordinating Share Class Conversions.
- Cash Funding.
- Application of Dilution Levy.
- OCF Validation.
- Monitor & manage Fund Income, Expenses and Fund Accruals and cash/stock breaks.
- Resolving breaches, errors and complaints.
- Undertake and manage AML/KYC processes.
Ideal Candidate
Research (by Harvard University) shows that women are particularly likely to second guess themselves and not apply - so if you are worried you don't meet all the criteria, get in touch anyhow and let us do the worrying…
- Previous Fund Accounting & Transfer agency experience in an asset management company, third party administrator or equivalent (preferable).
- Strong Systems, Processes and Controls experience as well as an awareness of risk.
- Understanding of fund pricing, NAV calculations, expenses analysis, etc (preferable).
- Have good administrative order including adherence to all risk and compliance policies.
- Be innovative and proactive and client focused with the courage to make decisions.
- Have high ethical and moral standards and high levels of accuracy and numeracy.
- Understanding of the regulatory environment such as FCA rules, AIFMD, MIFID, CASS, etc (preferable).
Company Information
Handelsbanken is a relationship bank with a decentralised way of working, a strong local presence thanks to a nationwide network of branches, and a long-term approach to customer relations. Each Handelsbanken branch operates as a local business enabling it to make decisions at a local level and provide a bespoke service. The focus is always on the need of the individual customer and not on the sale of specific products.
The Bank is deeply committed to embedding good equality and diversity practice into all of our activities. This is so that we are an inclusive, welcoming and inspiring place to work that encourages everyone to apply, regardless of socio-economic background, age, disability, pregnancy and/or parental status, race (including colour, nationality, and ethnic or national origin), veteran status, marital and civil partnership status, religion or belief, sex, gender reassignment or sexual orientation.
Check our Handelsbanken website for further information
At Handelsbanken, we deeply value our unique culture and values including trust in and respect for each individual. We take pride in nurturing a work environment where people flourish, and where they are empowered to take decisions in their areas of expertise. We take a long term perspective in everything we do and want each employee who joins us to build a long terms successful career with the Bank.
What is in it for you?
- We have a wide range of learning and development available, empowering and enabling our colleagues to take ownership of their own development.
- Competitive Salary and an extensive range of benefits is provided, including private medical insurance, income protection and life assurance
- A market-leading pension contribution of 15% paid by the bank, which can be invested in a wide range of funds (including ESG and Shariah funds)
Application next steps
Your journey with us begins once you have submitted your application. One of our Handelsbanken recruiters will be reviewing your details and will later organise a phone conversation if you match the role requirements. If there is a mutual fit, we will extend an invitation for you to participate in an interview.
How can we support you to be your best self? Our Talent Acquisition team will be happy to provide support e.g. if you need additional time to prepare for an interview or you have any requirements for any part of the interview/hiring process – just let us know by email uk_talent@careers.handelsbanken.co.uk.
This advert will be live for a minimum of two weeks. However, please note that after the two weeks, the closing date could change at any time depending on the number of responses received.
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