At a Glance
- Tasks: Lead daily investment operations and enhance strategic capabilities through process improvements.
- Company: Join Foresters Financial, a purpose-driven organisation with a collaborative culture.
- Benefits: Earn up to £80,000, enjoy 28 days holiday, and flexible working options.
- Other info: Flexible start times and the option to work from home after training.
- Why this job: Make a real impact in financial services while helping families achieve their goals.
- Qualifications: Significant experience in investment accounting and strong reconciliation skills required.
The predicted salary is between 80000 - 80000 £ per year.
We have a rare opportunity for an Investment Operations professional to join our Financial Operations department. You will be utilizing experience in investment accounting and reporting to provide a critical role in enhancing our unit pricing, investment accounting, operational capability and control environment. This is a permanent position reporting into the Head of Financial Operations. You will be managing a team of two.
What you will do
- Assume responsibility for the daily investment operations processes including appropriations, treasury, trade placement, unit pricing and fund valuation.
- Act as the senior professional in the team, reviewing all inputs into the ledger originating from investment and treasury systems, signing off reconciliations and enhancing and developing, through organic process design, a robust and effective control environment.
- Enhance strategic capability within the Investment Operations area through the delivery of a significant process improvement and change portfolio including a system upgrade; delivering a catalogue of identified best practice procedural improvements and enhancing controls and operational processes such as fund tax, fund rebates and box management.
- Assume responsibility for all investment accounting and reporting tasks, acting as a subject matter expert for the accounting of unit-linked funds and retail investment products.
- Take a lead in internal projects such as deep dives into asset liability matching reconciliations, shareholder and policyholder dual accounting, intrafund and intercompany positions and reviewing rebate arrangements on managed portfolios.
- Deliver organic idea generation, actionable management insights and best practice recommendations as pertains to all things Investment Operations and Treasury; exploring automation, API’s, SFTP integrations and onboarding of systems to reduce and eliminate dependency on manual processes.
- Support key stakeholders in the wider business to understand and interpret financial results, management information and contribute to regulatory reporting outputs e.g. Solvency II reporting.
Working hours are 35 hours a week Monday to Friday. Start times are flexible from 8.30am to 9.30am. After a successful training period there is flexibility to work from home for 2 days a week.
What we require
- Significant experience in an investment accounting and reporting function; familiarity with unit linked funds and retail investment products.
- Experience of working in a unit pricing environment for a life insurer or professional services provider including hands‑on systems experience with an Investment System (e.g. InvestPro, pControl, HiPortfolio).
- Strong reconciliation experience including control account reconciliations, trade and settlement reconciliations, variance analysis and root cause analysis.
- A good understanding and appreciation of financial and operational controls with experience of designing, implementing and operating controls on an ongoing basis and building and maintaining robust control frameworks.
What we offer you
- Basic salary up to £80,000 per annum, dependant on experience.
- Discretionary annual bonus dependent on your performance and company performance (circa 14%).
- Annual holiday allowance of 28 days holiday plus bank holidays.
- Life Assurance (x4 pensionable earnings).
- Generous contributory Pension scheme (match up to 5% and pay in an additional 5%).
- 1 days paid charitable workday.
- Employee Assistance Programme.
About us
Foresters Financial is not your typical financial services provider. Those who join our purpose‑driven organisation enjoy a culture of collaboration, creativity, and mutual respect and are challenged to do their best to make a difference every day. We help everyday families achieve their financial goals and make a lasting difference in their lives and communities.
What we do
We help everyday families achieve their financial goals and make a lasting difference in their lives and communities. We will continue to do this by employing enthusiastic and talented Financial Advisers working across the country and equally talented people to be based at our Head Office in Bromley.
Investment Operations Manager in Bromley employer: Foresters Financial UK
Foresters Financial is an exceptional employer that fosters a culture of collaboration, creativity, and mutual respect, making it an ideal place for an Investment Operations Manager to thrive. With a competitive salary, generous benefits including a discretionary bonus, extensive holiday allowance, and opportunities for flexible working arrangements, employees are empowered to achieve their professional goals while contributing to meaningful financial outcomes for families in the community. The company prioritises employee growth through continuous improvement initiatives and a supportive work environment, ensuring that every team member can make a lasting impact.
StudySmarter Expert Advice🤫
We think this is how you could land Investment Operations Manager in Bromley
✨Tip Number 1
Network like a pro! Reach out to your connections in the investment operations field and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a job that’s not even advertised yet!
✨Tip Number 2
Prepare for those interviews by brushing up on your technical knowledge. Make sure you can confidently discuss investment accounting, unit pricing, and reconciliation processes. We want you to shine as the subject matter expert they’re looking for!
✨Tip Number 3
Don’t forget to showcase your leadership skills! If you’ve managed teams before, be ready to share examples of how you’ve enhanced operational capabilities and implemented best practices. This is your chance to show you can lead the team effectively.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our purpose-driven organisation. Let’s make a difference together!
We think you need these skills to ace Investment Operations Manager in Bromley
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Investment Operations Manager role. Highlight your experience in investment accounting and reporting, especially with unit-linked funds. We want to see how your skills match 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 passionate about this role and how your background makes you the perfect fit. Don’t forget to mention any relevant process improvements or system upgrades you've been involved in.
Showcase Your Team Management Skills:Since you'll be managing a team, it's important to highlight your leadership experience. Share examples of how you've successfully led teams in the past and how you can enhance our operational capability and control environment.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Foresters Financial UK
✨Know Your Numbers
Brush up on your investment accounting and reporting knowledge. Be ready to discuss specific examples of how you've managed unit-linked funds or retail investment products in the past. This will show that you’re not just familiar with the concepts but have practical experience.
✨Demonstrate Process Improvement Skills
Prepare to talk about any process improvements you've implemented in previous roles. Think about how you’ve enhanced operational capabilities or designed robust control environments. Highlighting your ability to drive change will resonate well with the interviewers.
✨Showcase Your Team Management Experience
Since you'll be managing a team, be ready to share your leadership style and experiences. Discuss how you've supported your team in achieving their goals and how you handle challenges. This will help them see you as a strong candidate for the managerial aspect of the role.
✨Engage with Stakeholders
Think of examples where you've worked with key stakeholders to interpret financial results or contributed to regulatory reporting. Being able to communicate effectively with various departments is crucial, so demonstrate your collaborative skills during the interview.
