Fund Administrator Assistant recruitment
BACKGROUND
Heronbridge Investment Management LLP (“Heronbridge”) is a private firm based in Bath that specialises in institutional UK investment management. Heronbridge acts as the investment manager for funds based in Jersey and the US as well as a number of segregated mandates. Heronbridge is authorised and regulated by the FSA and registered with the SEC. Heronbridge now requires an additional member of staff to join its Operations team to work within the Fund Administration area, as well as assisting with Heronbridge’s various other operational functions.
EDUCATION / ATTRIBUTES
• A graduate, ideally with 1 or 2 years work experience in fund administration at a financial services firm
• Candidates must be able to demonstrate numeracy, accuracy and attention to detail
• Good PC skills, with knowledge of Microsoft products. Excel ability is essential
• Self-motivated, organised and prepared to be flexible within a boutique environment
• Must demonstrate problem solving skills and ability to multi-task within tight deadlines
• Communication skills, both verbal and written, are important
The role specifically comprises the following responsibilities:
• Core Fund Administration: Provide cover / support for trade ticket generation, settlement, cash management, corporate actions, proxy voting and investment guideline compliance.
• Trade Settlement: Ensure that security transactions are entered on to internal accounting system. Send trade instructions to outsource partner for matching.
• Set up new client accounts / Account Transitions: Ensure new client accounts are properly set up with brokers, custodians and administrators. Co-ordinate client cash and in-specie transitions into new segregated accounts and the funds.
• Fund Monitoring: Maintaining internal records for client values and performance, including internal monitoring spreadsheet. Check against Fund Administrator records on a periodic basis.
• Investment Administration Management: Investigate issues associated with investing in new markets, monitoring of Custodians and Fund Administrators, ensuring operating procedures and service levels are up to date.
• Internal Reporting: Produce routine reports using a combination of Bloomberg, Excel and GIM 2 (internal investment accounting system).
• Investment Manager Projects: Working with Investment Managers on new projects, such as back testing of security performance, security analytics reports, supporting research projects and client presentations. Writing project specification and developing solutions using existing system resources.
• Client Reporting: Producing routine client reports covering investment analytics and stock / portfolio performance. Produce data for marketing factsheets and presentations, and other ad hoc client requests.
• Participate in projects sponsored by various business groups, including developing reports to assist in monitoring of broker commissions, close company tax calculations and other ad hoc arrangements.