At a Glance
- Tasks: Provide operational support to Fixed Income Investment Group and manage investment data.
- Company: Join Vanguard, a revolutionary investment company focused on client interests.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Dynamic team environment with a commitment to diversity and inclusion.
- Why this job: Make a real impact in the investment world while building strong relationships.
- Qualifications: Experience in fixed income operations and strong communication skills required.
The predicted salary is between 56700 - 69300 £ per year.
The Investment Management Group (IMG) Fixed Income Service Team is evolving, and this role will provide front line operational support to the Fixed Income Investment Group across both Active and Index strategies, as well as supporting Investment Data Management. This role will join seven other specialists in providing critical daily operational support to the Fixed Income Portfolio Managers and management of Investment Index Data.
Operational support includes maintenance of the FI Investment Book of Records (IBOR), including start of day and end of day checks, liquidity, cashflows, monitoring of trading activity, managing counterparties, and overall insights to the Investments Team.
The ideal candidate will have firm knowledge of fixed income markets, derivatives, trading strategies, and experience with Aladdin. Practical experience in an Operations environment, including detecting and responding to operational incidents, project management, managing stakeholders with appropriate escalations, and a strong understanding of the investments lifecycle are also beneficial. The candidate should feel confident and motivated to interact with the portfolio managers and be comfortable identifying creative solutions to trading/operational challenges and supporting testing.
Core ResponsibilitiesThis role requires a candidate who is comfortable and motivated by building strong in-person relationships with the Portfolio Managers and Trading Team.
- Develop a deep understanding of the end-to-end fixed income investment process conceptually and operationally, including a Front-to-Back understanding of the investing lifecycle.
- Support portfolio managers and traders as the key IMG Fixed Income Service client by:
- Responding to Investment process queries and concerns quickly with valuable insights and explanations.
- Engaging wider EIS (Middle and Back Office) teams to collate the information or actions required by Desk and build strong interpersonal relationships, especially with the Settlements Team to minimise failed trades.
- Monitor and understand portfolio movements to provide value-adding insights to the Desk, especially liquidity (investable cash), duration, and general trading activity.
- Support the management of Investment and Index Data to ensure accurate and timely representation of Data to the Fixed Income Investment Team.
- Monitor market/world events and consider how these may impact the Investing process and therefore the EIS working day. Discuss with colleagues.
- Work with Investment Risk and Operational Risk Teams to improve controls and control environment.
- Identify, recommend, and drive solutions and process improvements to improve the efficiency and effectiveness of processes, e.g., automations, new coding, technological suggestions, and collaborations.
- Familiarise with the Vanguard Management System as an approach to continuous improvement (managing time, communicating effectively, root cause analysis of incidents, continuous learning).
- Participate in special projects and perform other duties as assigned.
- Minimum of five years related work experience within Fixed Income Fund Operations or Investment Team-facing role.
- Undergraduate degree or equivalent combination of training and experience. Accounting, Finance degree or CFA preferred.
- Experience in Aladdin and fixed income investments preferred.
This position requires you to be in our office 5 days per week.
IMG Fixed Income Service Specialist employer: CFA Institute
M&G plc is an exceptional employer that prioritises employee wellbeing and professional growth, offering a comprehensive benefits package including an 18% pension scheme, generous annual leave, and robust family support policies. Our inclusive work culture fosters collaboration and innovation, ensuring that every team member can thrive while contributing to our mission of providing confidence in financial solutions. Located in a vibrant area, we embrace flexible working arrangements to support a healthy work-life balance.
