Junior Investment Fees and Reconciliation AnalystThis is a key role within the Investment Control team, which is responsible for collating and reconciling the custodian data feeds, reporting of custodian data under Solvency II Regulation for both UPE and Ex UI books of business to the Central Bank of Ireland and the calculation of fees on the UPE book. The role holder will be part of the Investment Reconciliations and Fees team and is responsible for ensuring the full end-to-end processes and procedures are followed so that best practice is consistently adhered to.Key AccountabilitiesMonthly and Quarterly reconciliation of key data feeds from custodians for Solvency II reporting.Analysing policy tolerance discrepancies and investigating with both internal and external parties to justify the movements.Keeping internal systems up to date by adding/closing policies and accounts, adding new entities, and maintaining the Central Data Repository (CDR) database when new securities are identified as part of reconciliation.Loading the policy valuations to internal systems for Solvency II reporting and fees calculation.Generating fee invoices and issuing them to the relevant custodian banks.Downloading and processing daily and weekly bank statements to identify payments received.Issuing broker commission statements once custodian payments have been received.Building a working relationship with assigned custodian banks to ensure timely and accurate data feeds and efficient payment of outstanding fees.Monitoring these relationships and identifying any issues affecting customer satisfaction, reporting them to management.Supporting the collection of IDD and MiFID fees, reconciling values against tolerances, and assisting operations with any queries related to the AVS process as necessary.Collecting Italian Stamp Duty (ISD) funds.Contributing to continuous improvement of operational processes and systems, with an appreciation of controls and risk management in a regulatory environment.Working as part of a team, assisting colleagues as necessary to ensure team deadlines are met.Being proactive and troubleshooting issues using initiative and experience.Performing Ad-Hoc Administration duties and project work as required.Required Knowledge, Skills & BehavioursHighly organised and efficient in a regulated environment with a strong work ethic.Experience in dealing with Third Parties Custodians/brokers with the ability to solve issues efficiently.Experience working in a diverse, multicultural team is an advantage.Strong track record of working within financial services operations.Ability to recognise the impact of external (regulatory, market, legal, etc.) changes to the business.Able to manage, monitor, and measure assigned work to deliver high service levels.Ability to work under pressure and meet tight deadlines while maintaining strong attention to detail.Strong organisational and communication skills.Solid knowledge of MS-Office Suite, especially Excel.Fluency in Italian is appreciated but not essential.Trustworthy and dependable to uphold high working standards when working remotely.Utmost Group is an equal opportunities employer.
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