Asset Onboarding Specialist
Transact London, United Kingdom Apply now Posted 11 hours ago Permanent Competitive
Job Description
We are currently recruiting for an Asset Onboarding Specialist on our Asset Onboarding and Servicing Team within our Client Accounting department.
The client accounting area is responsible for ensuring all client money and assets held by Transact for clients are recorded accurately. We must be able, at any time, to distinguish client money and assets held for one client from client money and assets held for any other client. The various roles within client accounting all facilitate this.
The Role
As a member of the Asset Onboarding and Servicing team you will be responsible for making new assets available on the Transact platform and maintaining our existing asset universe. You will work closely with external third parties and other departments within Transact, building strong relationships and developing your own technical knowledge and understanding. You will also be responsible for the ongoing analysis of asset information to maintain accuracy and continued compliance with regulatory requirements, as well as supporting the wider team, where necessary, in the interpretation, logging and subsequent monitoring of all corporate action events and ensuring all assets on the Transact platform are correctly valued.
Responsibilities include:
* Adding new assets and fund managers to the Transact platform.
* Maintaining a good understanding of regulations such as Consumer Duty, MiFID II and SDR, how they impact our business and responsibility for ensuring that associated asset data stored is accurate and up to date;
* Continuously ensure all assets are suitable for distribution to our client database in line with regulatory and business requirements;
* Ongoing asset reviews to ensure continued wrapper compliance;
* Maintenance of applicable static asset data in order to ensure ongoing accuracy;
* Completing a range of fund manager KYC/AML and account opening documentation;
* Managing the implementation of fund manager agreements.
Person Specification
We are looking for someone who has between 2 and 5 years experience, from a platform or asset management background with experience of asset onboarding and/or working with a variety of asset types. Strong knowledge of UK financial regulations is crucial as well as experience of liaising with clients, fund managers or platforms. The role requires you to analyse and interpret information so that correct action can be taken, therefore the successful candidate will be able to demonstrate the ability to solve complex problems and have a keen attention to detail.
Good communication skills are essential as you will be required to build and maintain relationships with both internal and external stakeholders.
We are keen to encourage continued learning and the successful applicant will be required to complete relevant financial services qualifications if they do not already possess these. Candidates who are already in possession of relevant qualifications would be advantageous but must have a minimum of C grade in GCSE Mathematics and English.
We are looking for a candidate to already have intermediate MS Excel skills with experience using Excel in a workplace environment. Previous experience using CREST and Bloomberg would also be advantageous.
We offer a competitive remuneration package, including company discretionary bonus, excellent pension contributions, an attractive staff share scheme, BUPA health insurance, buying and selling of annual leave and sponsorship of relevant professional qualifications.
The role is based in our central London office, working a minimum of two days a week in the office and three days a week from home.
About Us
Transact is the leading independent investment wrap platform in the UK. Established in 2000, we have over £64.1 billion of funds under direction (as at September 2024) on behalf of over 8,000 advisers and 235,000 investor clients. Our service includes an online platform, owned and built by us, and dedicated regional adviser support to help bring clients' assets and investments together in a smarter, more tax efficient way. We offer access to a wide range of tax wrappers (including ISAs, pensions and life insurance investment bonds) and funds which advisers use to build client investment portfolios. Portfolio valuations, purchases and sales are all supported via Transact Online which is available 24/7. Transact's parent company, IntegraFin Holdings plc, is listed on the London Stock Exchange and is a constituent of the FTSE 250 index.
Equal Opportunities
We provide a diverse and inclusive workplace and ensure that all of our staff respect and understand individual differences. We are an equal opportunities employer and positively encourage applications from suitably qualified and eligible candidates regardless of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, religion or belief, sex or sexual orientation. #J-18808-Ljbffr