Operations Administrator

Transfer processing

Working in an Wealth Management business in London your are to undertake all aspects of administration relating to clients’ cash and assets. Follow up to date departmental procedures and controls including daily/weekly/monthly/yearly checks

Keep up to date with all changes within the industry relevant to the department.

Day-to-Day tasks include

• Input of non-market transfers of securities in the firm’s systems for internal transfers / transitions in / transitions out
• Perform relevant controls against new security lines prior to acceptance for transition in
• Arrange trade and settlement dates with market counterparties for transitioning portfolios in relation to both cash and securities
• Continuous monitoring of transitioning securities to ensure completion within expected timeframes
• Investigate and resolve any failed/unmatched transfers, liaising with both internal departments and external custodians as necessary
• Monitoring and control of non-client assets received into the firm.
• Ensure all queries are dealt with in a positive and timely manner
• In addition to these functions, employees are required to carry out such other duties as may be reasonably required

Essential:

2-3 years’ experience in a trade support, settlements or transitions role to gain an understanding of:

• Processing transfers within Crest
• Market practice in relation to transfers in overseas securities
• Transfers within the funds industry
• Understanding of the Equisoft / ATG transfer platform
• Some knowledge of FCA Regulations, particularly CASS and Mifid II Transaction Reporting
• Some knowledge of market practice relevant to Private Clients