Job Details: Fund and Life Operations Manager
Please carefully read our GDPR Privacy Notice by clicking HERE if you are a direct applicant or HERE if you are an agency submitting an application on behalf of an applicant. As part of submitting your application, you will be asked to provide your acknowledgement to our Privacy Notice. Selecting 'No' will remove all your personal data from our system and we will be unable to proceed any further with your application.
Full details of the job.
Vacancy Name: Fund and Life Operations Manager
Employment Type: Permanent
Location: [Location not provided]
Role Profile: We have an excellent opportunity for a Fund and Life Operations Manager to join the Middle Office Operations team at Mediolanum. Operations serves as a control point between the Front Office (Investment and Trading Teams) and the External Counterparties (Brokers, Issuers). The primary purpose is to verify that the trade data coming from the Front Office corresponds with information being sent by the Counterparty. The work is varied and has broad exposure across the Operations, Investment and Trading department.
The team is responsible for the various regulatory reporting tasks and acts as point of contact for queries relating to Trade Events, Valuation, Documentation, Reporting and Reconciliations amongst others. Extended knowledge and experience of the trade- and settlement lifecycle is key. The role requires a strong understanding of all asset classes including Exchange Traded Derivatives and OTC, from trade booking, reconciliation through to settlement. The candidate must be flexible and able to work to tight deadlines but maintain the very highest standards.
Additionally, analytical data skills are desired to lead various new technologies that are being implemented within the Operations department including the use of Robotic Process Automation (RPA), Data Analytical Dashboards and other technical tools to improve process efficiency and control through automation. We are particularly keen to hear from buy-side professionals, with strong operational skills, who are looking for a new challenge within a dynamic, fast-growing organization, which supports and encourages professional as well as personal growth.
Duties:
1. Team Organisation: Manage a team of people, set-out training schedules, identify key requirements for any recruitment, lead from the front, assist in the BAU process and integrate team members into Fund & Life Operations. They will manage the monthly 30/30 performance review process and will provide input into the specific team members end of year performance review and maintain clear and timely communications with Team and Manager.
2. Trade Support: The relevant tasks for the Operations team include trade matching and settlement including failed settlements & netting of FX trades, reconciliations (cash, positions, trades), regulatory reporting (e.g. EMIR) and securities lending and an understanding of the components of NAV and performance impactors.
3. OTC Events: Knowledge of derivatives and lifecycle events associated with each instrument type, e.g. coupons and relevant calculations, maturities, credit events. Knowledge of documentation like ISDAs/CSAs would be an advantage.
4. Collateral Management: Manage the day-to-day relationship with the outsourced service provider for collateral management and implement daily processes to oversee trade notification and margin call authorization.
5. Project Management and Excellence in execution: Project management for key ongoing projects and ability to interpret circumstances viz a viz Operational requirements.
6. Analytics & Data Management: Assist the Fund Services team and the wider Ops group in developing new functionalities/processes/efficiencies/dashboards, etc. through the use of technologies and systems.
7. Ongoing review of procedures and processes: identifying areas for improvements and implementing changes where necessary in relation to industry standards, commercial viability and ensuring they are fit for purpose.
Skills & Competencies:
1. Ability to efficiently interact and collaborate with all levels within the company (from entry level trainees through to senior managers).
2. Quick learner who thrives within a challenging and deadline driven environment.
3. Organised individual who can self-manage multiple priorities, routine work and urgent issues as they arise. The ideal candidate is focused on resolving issues quickly and accurately.
4. Risk and control awareness and experience of taking responsibility both locally and regionally.
5. Outstanding analytical ability.
6. Strong oral and written communication skills.
Qualifications & Experience:
1. Appropriate 3rd Level Qualification or strong mathematical skills with extensive experience within the financial industry.
2. Funds Knowledge (ETF’s, External and FoF), Equities, Deposits, Bonds, FX, ETDs, Credit, Rates, & other OTC’s.
3. Knowledge of all relevant industry regulations. Awareness of industry standards, initiatives and core IT systems.
4. Experience of fund launch, closure and merger processes.
5. Working knowledge of the following systems would be a distinct advantage, Bloomberg, SWIFT, OSTTRA MTM & DS Match, CTM, FusionInvest and BI tools including VBA, MS PowerBI and SQL / Snowflake.
6. Experience in leading and managing a team of analysts.
7. Strong understanding of Regulatory Reporting, especially EMIR, SFTR & CSDR.
#J-18808-Ljbffr