Asset Migration Specialist

Non-disclosed; United Kingdom; Remote; GBP 80,000 - 100,000; Full time

Job description

The employee will be joining an existing team of 4 people to assist with a client migration to Wealth Management UK. The role will heavily include the completion of both hedge and mutual fund account opening documentation, regular and timely contact with fund administrators about said applications, regular contact with the counterparts tracking the ever evolving population of assets and keeping track of the status of the accounts.

The task force is wholly responsible for ensuring that we are ready to receive the full population of migrating assets. There will also be involvement with wider teams discussing and pre-empting potential blockers and restrictions and proactively driving for solutions to make the migration as seamless as possible.

An understanding of different asset types and requirements is necessary, previous experience with hedge funds and fund administrators is desirable. A knowledge of asset transfers, swift instructions, the CREST market and a previous role in an operations environment would be recommended.

Responsibilities

The responsibilities of the role include:

• Completing account opening documentation for a Nominee.
• Closely tracking the account opening and following up with the administrator for any requirements in order to get the accounts in order asap.
• Assisting in identifying any risk/problem assets and escalating accordingly.
• Processing the transfers of assets.
• Reconciling positions and proactively working to fix any breaks in a timely manner.

Requirements

The requirements of the role include:

• An understanding of different asset types and how they operate (hedge funds, mutual funds, bonds, equities etc.)
• Knowledge of mutual funds and/or hedge fund administrators.
• Understanding of hedge funds and the complexity of the product.
• Knowledge of Microsoft/Excel, ability to work autonomously as well as part of a project led team.
• High organisational and communication skills.