At a Glance
- Tasks: Lead a dynamic team in delivering top-notch investment operations and drive innovative solutions.
- Company: Join a leading bank with a focus on collaboration and growth.
- Benefits: Enjoy 30 days annual leave, flexible working, and a generous pension contribution.
- Why this job: Make a real impact in the financial sector while developing your leadership skills.
- Qualifications: Experience in financial services and leading cross-functional teams is essential.
- Other info: Hybrid working model with excellent career progression opportunities.
The predicted salary is between 65000 - 77500 £ per year.
Location: Sheffield / Hybrid Working (Expectation that you will attend an office 2 days per week)
Contract: Permanent
Hours: Full time 37.5 hours per week/flexible days and/or hours (Mon-Fri)
Salary: £65,000 - £77,500 p/a
THE ROLE
As a member of the Chief Operating Office division, you will have accountability for the performance and delivery of the Product Operations team and bring experience, knowledge, and future vision for evolving the team including its strategy, operating model, product and service offerings and workforce. You will manage the Operational team (circa 17 FTE) focused on delivery of service levels to the Bank’s Investment division, ensuring the delivery of key processes and the management of the associated risk.
To do this you will require the ability to develop solutions whilst maintaining delivery will be critical in ensuring that the team retains the ability to evolve to meet the Bank’s ongoing need. You will also drive stakeholder relationships with key internal colleagues and work in conjunction with their peers across COO to deliver on this, and build core relationships with the Investment Business as the primary service provider to this team.
The portfolio is focussed on direct and indirect equity, debt, fund of funds and lending products. Key processes will include portfolio reporting, drawdowns and distributions, reconciliation, treasury management, NAV calculation and reconciliation, fee checking and portfolio reporting, and you will need to drive the integration of new activities into the Product Operations team which continue to centralise operational roles from within the product teams to help define and implement changes to the target operating model for the Bank’s Corporate Services.
The Product Operations Team provide operational processing support as well as prepare key financial reconciliations for financial management and reporting, and the function combines product and operational knowledge to support the delivery of key projects. You will therefore need to have a focus on efficiency, standardisation and continuous improvement of the core processes. This capability has strong functional alignment with Investments, Finance, Risk, Data and Change & Innovation functions.
In addition, the role will support the management of critical operational and risk management within the Bank. With broad experience in financial services, you will also be able to demonstrate substantial experience in leading cross-functional teams, multidisciplinary environments, operating and influencing effectively across the organisation and within complex contexts. Expertise leading and building high performing operations teams is also essential as is experience of Investment, Fund, Venture Capital and/or Banking Products. Regulatory experience preferred.
Key Benefits
- 30 days annual leave plus bank holidays, opportunity to buy and sell up to 5 days holiday
- 15% employer pension contribution
- Flexible working
- Cycle to work scheme, healthcare cash plan, Group Income Protection and life assurance
- Paid voluntary days, maternity, paternity, adoption, and shared parental leave
- Benefits designed to suit your lifestyle - from discounts on retail and dining, to health and wellbeing, travel, and technology...and plenty more
Investment Operations Lead employer: British Business Bank plc
Contact Detail:
British Business Bank plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Investment Operations Lead
✨Tip Number 1
Network like a pro! Reach out to your connections in the investment sector and let them know you're on the hunt for an Investment Operations Lead role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its operations. Understand their products and services, especially in investment and banking. This will help us tailor your responses and show that you're genuinely interested in the role.
✨Tip Number 3
Practice common interview questions related to leadership and operational management. We can even do mock interviews together to boost your confidence and refine your answers, making sure you shine during the real deal.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we often have exclusive roles listed there that you won’t find anywhere else.
We think you need these skills to ace Investment Operations Lead
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Investment Operations Lead role. Highlight your experience in managing operational teams and any relevant financial services expertise. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our team. Share specific examples of your past achievements and how they relate to the responsibilities of the role. Let us know why you’re excited about this opportunity!
Showcase Your Leadership Skills: As a lead, we need to see your leadership chops! In your application, mention any experience you have in leading cross-functional teams or driving operational improvements. We love candidates who can inspire and motivate others!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about StudySmarter and what we stand for!
How to prepare for a job interview at British Business Bank plc
✨Know Your Numbers
As an Investment Operations Lead, you'll need to be comfortable with financial metrics and performance indicators. Brush up on key figures related to portfolio reporting, NAV calculations, and reconciliation processes. Being able to discuss these confidently will show your expertise and readiness for the role.
✨Showcase Your Leadership Skills
You'll be managing a team of around 17 FTEs, so it's crucial to demonstrate your leadership experience. Prepare examples of how you've successfully led cross-functional teams in the past, focusing on how you drove efficiency and continuous improvement in operations.
✨Understand Stakeholder Relationships
This role involves building strong relationships with internal stakeholders. Research the company’s structure and think about how you can effectively communicate and collaborate with different departments. Be ready to share strategies you've used to foster these relationships in previous roles.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities in complex situations. Think of scenarios where you've had to develop solutions under pressure or manage risk effectively. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly.