At a Glance
- Tasks: Oversee fund operations and ensure compliance with regulatory requirements.
- Company: Dynamic financial services firm based in London.
- Benefits: Competitive salary, career development opportunities, and a supportive team environment.
- Other info: Collaborative culture with opportunities for growth and learning.
- Why this job: Join a leading firm and make a real impact in fund management.
- Qualifications: 5+ years in financial services with strong knowledge of CASS regulations.
The predicted salary is between 60000 - 75000 £ per year.
Location: London | Employment: Permanent | Department: Client Operations
Responsibilities
- Work with the Delegate Oversight team on the monitoring of delegates and service providers for the CGFMUK Funds, including Transfer Agent and Fund Accounting activities, in line with the agreed Service Level Agreement and Key Performance Indicators.
- Day‑to‑day oversight for all CGFMUK Funds, ensuring that all fund reporting is received and recorded on a timely basis and appropriate actions initiated as required.
- Support the preparation and delivery of requisite reporting to appropriate parties, Fund Oversight Committee and fund regulators within prescribed deadlines.
- Review and approval of Fair Value or Swing Pricing assessments as required.
- Review and approval of both pre and post NAV reviews.
- Oversee identification and timely resolution of client money reconciliation breaks.
- Manage investor shortfall requirements, coordinating with service providers to identify shortfalls, agree funding actions and evidence resolution in line with agreed procedures.
- Monitor the operations procedural review cycle ensuring updates and required approvals are secured.
- Prepare submission of CMAR returns, ensuring data quality, appropriate internal review within regulatory timelines.
- Ensure outsourced providers’ CASS processes and controls are detailed and in line with business and regulatory requirements.
- Conduct periodic reviews of CASS resolution packs and Client Money Acknowledgment Letters, ensuring documentation is current, complete and aligned to regulatory expectations.
- Ensure all applicable regulatory returns are prepared, reviewed and submitted accurately and on time, maintaining an evidence trail to support sign‑off and compliance.
- Provide subject‑matter expertise to support RFP responses and operational due diligence reviews, contributing input on oversight, controls, processes and service provider performance.
- Provide operational support for the onboarding of new funds under CGFMUK’s management.
- Provide operational support in relation to changes to existing funds, including share class launches, fee amendments and updates to delegate arrangements.
Qualifications
- Minimum of 5 years of financial service experience in the operational aspects of UK authorised and unauthorised funds.
- Understanding of the operational processes performed by Transfer Agents and Fund Administration providers for UK Funds.
- Experience of operational processes in an asset management business.
- Detailed knowledge and understanding of the CASS regulatory requirements.
- Experience of managing operational processes provided by third parties.
- Demonstrated ability to provide oversight, exercise sound judgment in decision‑making, and deliver clear, actionable reporting on findings.
Competencies
- Teamwork: Develops relationships within and across teams, working collaboratively to resolve potential challenges quickly.
- Developing Others: Motivates and supports others to deliver results, coaching them to optimise performance.
- Leading and Influencing: Takes the lead within the team and wider organisation, able to influence and persuade others in order to achieve objectives.
- Effective Communication: Communicates effectively, engaging with others in a warm and professional manner.
- Planning and Organising: Organises and plans work effectively, ensuring delivery to quality and timescales in the short and longer term.
- Analytical (Attention to detail): Analyses and understands relevant and complex information and data to draw appropriate insights.
- Strategic Focus (Problem‑Solving): Thinks strategically, thrives on innovation, considers the wider picture to identify new approaches to enhance business impact.
- Adaptability: Adapts approach and responds effectively to different situations, people and new opportunities.
- Resilience: Works well under pressure, bounces back quickly from setbacks in a positive and constructive manner.
- Drive and Motivation: Highly motivated and driven, able to focus on what needs to be achieved and enthuses others to do this.
- Client‑centric focus: Motivated by customer‑facing environments, understanding their needs and providing a good service.
- Learning Mindset: Curiosity to learn and understand key factors, new techniques or technologies affecting their work.
Manager - Operations & CASS Oversight employer: Carne Group
As a leading player in the financial services sector, our company offers an exceptional work environment in London, where collaboration and innovation thrive. We prioritise employee growth through continuous training and development opportunities, ensuring that our team members are well-equipped to excel in their roles. With a strong focus on regulatory compliance and operational excellence, we foster a culture of teamwork and support, making us an attractive employer for those seeking meaningful and rewarding careers in operations and oversight.
StudySmarter Expert Advice🤫
We think this is how you could land Manager - Operations & CASS Oversight
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Carne Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Manager - Operations & CASS Oversight
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Carne Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Carne Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Carne Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Carne Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Carne Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Carne Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
