At a Glance
- Tasks: Administer investment transactions and monitor ongoing lifecycle events for funds and equities.
- Company: Join BII, the UK's leading development finance institution focused on sustainable growth.
- Benefits: Competitive salary, diverse team, and a culture that values wellbeing and professional growth.
- Other info: Be part of a mission-driven team dedicated to creating inclusive economic opportunities.
- Why this job: Make a real impact on global development while working in a collaborative environment.
- Qualifications: Experience in portfolio administration and strong attention to detail required.
About BII
British International Investment (BII) is the UK’s leading development finance institution, wholly owned by the UK Government. Our primary mission is to address global development challenges through strategic investments that promote sustainable and inclusive economic growth. BII focuses on catalysing economic development, creating jobs, and building resilient economies in some of the world's most complex and underserved markets. We invest in businesses and projects that prioritise inclusive development, environmental sustainability, and innovation. Our approach is characterised by rigorous investment standards, high governance principles, and a commitment to delivering measurable development impact.
Our team consists of highly skilled and passionate professionals dedicated to making a tangible difference globally. We foster a collaborative and intellectually stimulating work environment that values curiosity, innovation, and professional growth. Our culture balances high performance with a strong emphasis on wellbeing, ensuring our employees can achieve their full potential while contributing to our mission.
BII at a glance:
- Over 75 years supporting sustainable business growth in developing and emerging markets
- More than £9.9 billion in net assets
- 1,600+ businesses invested in
- 950,000+ workers in the businesses we support
- 650+ people in our diverse global team
- 3 key development objectives: Productive | Sustainable | Inclusive
Team and role overview
The Investment Operations team is made up of three groups:
- Data Management – responsible for ensuring investment related data is appropriate, accurate and consistent. Responsible for implementation and development of the Data Governance Policy.
- Portfolio Administration – responsible for ensuring all transactions are processed in a timely manner and recorded accurately. Responsible for ensuring BII’s portfolio of investments is monitored for lifecycle events and administered effectively and efficiently.
- Reconciliations and Reporting – responsible for conducting cash and stock reconciliations, and monitoring receipt and processing reporting due from investee companies, funds and borrowers.
Purpose
This role will sit within the Portfolio Administration team and focus on BII’s equity and fund investments.
Responsibilities
- Perform administration duties related to initial investment transactions, e.g. bank account set up, call backs to confirm bank details and setting up the instrument.
- Monitor, check and administer ongoing lifecycle events, processing disbursements, distributions for Funds and Equities.
- Monitor for receipt of periodic reports from investees, analyse and verify data for entry to BII systems, e.g. Audited Financial statements and quarterly Valuations.
- When necessary, liaise with investees to obtain late reports or query data that did not pass verification.
- Analyse underlying investments in Fund investments and update BII systems.
- Review new Equity commitments, restructures and exits, ensuring that they are accurately reflected in BII systems.
- Monitor the team inbox, assisting with ad-hoc portfolio queries, analysis and reporting.
- Flag issues with BII investments to the Investment teams and senior management as appropriate.
- Work with the wider Portfolio Administration team on other processes and instruments when needed.
The candidate
Essential skills:
- Must have suitable previous experience working within a portfolio administration function, or fund accountancy within an Investment environment.
- Organised approach to ensure timely follow up on outstanding issues and identify appropriate action to be taken.
- Attention to detail ensuring a high degree of accuracy for all deliverables.
- Ability to multi-task and balance activities without losing sight of deadlines.
- Strong knowledge of fund and equity products and the administration processes that are required to support them.
- Previous experience working with portfolio administration software, ideally eFront.
- Ability to build and maintain strong relationships with key internal and external stakeholders.
- Proficient with Microsoft Office tools, particularly Excel.
Desirable skills:
- Experience working with JIRA or another service management solution.
- IMC or IOC qualification.
- Candidates should be strongly motivated by BII’s development mission and ideally demonstrate some commitment to development or social goals through previous executive or non-executive activity.
Our cultural values
We look for team members who aspire, as we do, to work at our best and to be:
- Impact-led, commercially rigorous.
- Tenacious in the face of challenges.
- Collaborative and caring.
British International Investment is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation or educational background.
Please provide a cover letter with your application.
Salary: Competitive
Fund Operations Associate, 12-month FTC in London employer: British International Investment
British International Investment (BII) is an exceptional employer that fosters a collaborative and inclusive work culture, making it an ideal place for professionals seeking to grow in the investment sector. With a strong commitment to employee development, BII offers numerous opportunities for training and advancement, all while being located in a vibrant environment that encourages innovation and teamwork. Join us to be part of a mission-driven organisation that values your contributions and supports your career aspirations.
Contact Details:
British International Investment Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Fund Operations Associate, 12-month FTC in London
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We think you need these skills to ace Fund Operations Associate, 12-month FTC in London
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Highlight Your Analytical Skills:In investment and asset management, your ability to analyse data and make informed decisions is key. Showcase your analytical skills in your CV and provide specific examples of projects or coursework that highlight these abilities. Whether it’s through university projects or relevant internships, make it obvious that you’ve got what it takes to spot trends and evaluate risks.
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How to prepare for a job interview at British International Investment
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✨Be Ready for Rapid Fire Questions
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