At a Glance
- Tasks: Lead operational functions, improve efficiency, and manage cash flow and SPV processes.
- Company: Dynamic company in London focused on innovative investment solutions.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Exciting opportunity for growth in a fast-paced financial environment.
- Why this job: Join a team where your analytical skills can drive real change in operations.
- Qualifications: Strong analytical skills, communication abilities, and experience with MS Excel; Mandarin is essential.
The predicted salary is between 49500 - 60500 £ per year.
London, United Kingdom | Posted on 13/05/2024
Lead and manage operational functions on company level, aiming to improve the efficiency of operational procedures. The individual is expected to be a key point between the investment team and operation team regarding bank accounts and cash flow management from the asset/investment to SPVs.
Key Accountabilities
- Manage the Operational Procedure
- Improve the efficiency of operational procedures
- Organize and manage the operational function
- Integrate resources of IT system, GT operation team and LUX team
- Distributions
- Lead and manage the distribution process by liaising with the investment team and external third parties (asset managers and companies) to ensure GT has the annual distribution plans for each investment at the beginning of the year
- Complete the distribution forms and obtain the necessary signatures from the investment and other relevant teams; monitor planned distribution vs actual distribution and critically evaluate external third party’s performance in respect of cash flow management
- Maintain internal system in respect of distributions
- Cash Management
- Lead and manage the repatriation process by liaising with various departments such as accounting, legal, tax and lux team to ensure the cash is repatriated back to HQ within a given time frame
- Initiate repatriation, or report/request extension, in a timely manner
- Generate and submit the Remittance forms and deal with the cash settlement
- Maintain internal system in respect of cash repatriation from SPVs to HQ
- SPV Management
- Daily SPV management: lead the SPV management process by liaising with internal and external stakeholders in respect of tax return filing, tax payment and reclaim, annual returns/PSC submission, audit, invoice payment, filing of documentation
- Maintain efront system in respect of SPV management
- Setting up/closure of SPVs and bank accounts: lead the process of setting up/closure of SPVs and bank accounts by liaising with investment, accounting, legal, tax and HQ relevant teams, completing relevant reporting for approval and implementation
- Evaluate SPV management process: critically evaluate company’s SPV management process and recommend the most efficient solutions to the management for discussion
- Invoice settlement: lead the invoice management process by liaising with relevant stakeholders (internal and external) and preparing necessary internal payment request forms in respect of asset management fees, external advisors fees or SPVs management fees
- Maintain internal system in respect of invoice payments
- SPV tax: maintain SPV tax payment status, ensure all taxes are paid on time; liaise with different internal and external parties regarding tax return related matters; lead the WHT claim process by liaising and managing external parties to ensure GT receives all WHT refunds
- Maintain internal system in respect of SPV tax
- Bank account management: daily reconciliation of bank account balances and cashbooks; monitor bank accounts and bank balances on a daily basis to ensure they comply with HQ’s threshold requirements
Requirements/Skills
- Good analytical and problem-solving skills
- Good communication and inter-personal skills
- Good working knowledge of MS Excel and Word
- Knowledge of coding, such as VBA, is preferred
- Great attention to detail and willingness to go the extra mile in order to produce quality work
- Excellent teamwork, highly motivated, conscientious and confident individual
- Mandarin language skill is essential
- Working experience in settlement department is preferred
Senior Operations Associate employer: ELP Consult Ltd.
At ELP Consult Ltd., we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to thrive. As a GenAI Growth Leader, you will have access to unparalleled growth opportunities within the rapidly evolving AI landscape, supported by a collaborative team dedicated to innovation and excellence. Located in the heart of the UK, we offer competitive benefits and a vibrant work environment that encourages creativity and professional development.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Operations Associate
✨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 ELP Consult Ltd.. 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 Senior Operations Associate
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 ELP Consult Ltd..
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 ELP Consult Ltd.'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 ELP Consult Ltd.
✨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 ELP Consult Ltd..
✨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 ELP Consult Ltd. 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 ELP Consult Ltd. 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.
