FUND OPERATIONS OVERSIGHT ANALYST (FUND ACCOUNTING SME)

Marlborough Group is a successful investment business that manages over £15 billion for over 200,000 clients and employs some of the UK’s most respected fund managers. The Group has its headquarters in Bolton and offices in London, Lichfield, Peterborough, Bristol and Dublin. The Group employ more than 150 people across its business lines being: Marlborough Limited – The Group’s investment management business Investment Fund Services Limited – The groups Authorised Corporate Director (ACD) Authorised Fund Manager business Select Platform – The Group’s platform business Marlborough Group’s success has been built on a reputation for excellence in active fund management, with the Group leading the way in industry expertise, service quality, product understanding and added value for our investors. As we continue with our ambitious growth plans, we are looking for talented people who share our values and will grow and develop as financial services professionals. That means putting our investors at the forefront of everything we do and constantly striving for excellence in the service we deliver. In addition to receiving a comprehensive benefits package, successful candidates will join a team who are committed to collaborative working in an environment where personal and professional development are genuinely valued. Role Purpose To support the Head of Operations Oversight to ensure high quality output and regulatory compliance of fund accounting and financial reporting activities outsourced to third party service providers, particularly in relation to the production and dissemination of fund/class prices, NAV production, financial statements and associated deliverables. Act as Subject Matter Expert (SME) of and support key stakeholders in respect of Fund Accounting, ensuring the operational effectiveness of systems and controls intended to achieve compliance with Fund Accounting, ensuring the firm adheres to its obligations to both the regulator and its clients to protect client assets. The Fund Operations Oversight Analyst is acting in an oversight capacity, reviewing the NetAssetValues of the UK registered portfolios, Pricing, Corporate Actions and middle office transaction processes. To be a secondary point of contact with the auditors for SOC and Fund engagements, to ensure audits are completed in a professional and timely manner, in conjunction with the outsourced service provider, and that all resulting management actions are followed up to a high standard and in accordance with all stipulated deadlines. Key Responsibilities Ongoing monitoring and due diligence to ensure adherence to and deviation from contractual KPIs and service level agreements in respect of Fund Operations. To oversee the delivery of all aspects of fund accounting processes undertaken by the third party service provider, in accordance with the SORP and FRS102. Working with internal and external stakeholders to ensure that appropriate systems and controls are in place to enable the firm to comply with its obligations. Understand and challenge the output from third party service providers to ensure the required standards are being achieved. Overseeing Fund Operations activities to ensure adherence to business processes and controls designed to meet regulatory standards and the identification and mitigation of operational risk Assist with providing support and guidance on projects and business changes that have an impact on the firm’s obligations within fund operations. Reviewing all breaches, providing specific direction and support to the relevant risk owner to ensure appropriate remediation action and escalation is being taken. Continually review controls to ensure any risks are managed effectively. Ensure the timely and accurate response to queries raised by third party service providers. Preparing and presenting high quality, accurate and meaningful MI for the firm’s Operations Committees. Attend Service Review Meetings and Due Diligence assessments, as required, and provide input for reports to senior management on findings. Maintain the delivery of continuous improvement plans. Monitor and challenge continuous improvement plans of the third party service providers. Knowledge, Skills & Qualifications Essential Skills Attention to detail Excellent written and verbal communication skills Ability to problem solve and deal with complex, time-sensitive projects Ability to prioritise & work to strict deadlines PC literacy and internet skills Beneficial Skills: Proven, demonstrable experience of working within and maintaining an operation control environment Qualifications IOC (Investment Operations Certificate) qualification Appropriate CPD Essential Experience Experience of Fund Accounting or Operational areas impacted by Fund Accounting processes and ICAV Funds. Experience in SOC Beneficial Experience: In depth experience of one of the following areas; Fund Accounting, NAV production, Fund Pricing, Corporate Actions and Middle office transaction processes Personal Qualities Strong interpersonal skills and the ability to influence at all organisational levels, and with external stakeholders. Ability to work under pressure Flexibility and resilience Positive, collaborative attitude Ability and desire to make a positive contribution to both the team and the firm Ability to identify potential issues and escalate and articulate appropriately An excellent team player who operates collaboratively and with transparency. Competitive salary with annual salary reviews 25 days annual leave plus statutory bank holidays 9% non-contributory pension Annual discretionary bonus scheme Private Healthcare Scheme Death in Service at 5 x annual salary 35 hour working week Training for IOC and other relevant qualifications Exam completion bonus £500 (IOC) Study leave Cycle 2 work scheme Eye test reimbursement Your birthday off 13 weeks fully paid maternity leave 2 weeks fully paid paternity leave