At a Glance
- Tasks: Manage investment operations, including accounting, product management, and trading processes.
- Company: Join a leading independent asset manager with a focus on alternative investments.
- Benefits: Competitive salary, flexible working arrangements, and opportunities for professional growth.
- Other info: Diverse and inclusive workplace committed to your career development.
- Why this job: Be part of a dynamic team making impactful decisions in the finance industry.
- Qualifications: Experience in fund accounting and a strong understanding of financial performance metrics.
The predicted salary is between 50000 - 70000 £ per year.
International Asset Management Limited ("IAM") is a leading independent asset manager specialising in alternative investments. Founded in 1989, its core values are high quality independent research, due diligence and operational expertise. In 2015, IAM launched the IAM Investment ICAV; an Alternative UCITS platform that aims to bring high quality offshore managers into the UCITS space. Today IAM offers three different lines of business, including Bespoke Solutions, the IAM UCITS Platform and Funds of Alternative Funds.
About the Role
Piccadilly based Asset Manager specialising in Fund of Hedge Funds and UCITS seeks a senior investment operations candidate to work as part of a small operations team covering an array of functional areas. The role reports into the COO and you will be a member of the IAM PMC (Portfolio Management Committee). The role is four days in the office (Mon-Thurs) and Friday working from home.
Salary range and compensation package: TBC
Responsibilities
- INVESTMENT ACCOUNTING (40%)
- Reconciliation of cash and invested positions against custodian/administrator records and shareholder statements.
- Production of portfolio valuations and shadow accounting.
- Monitoring of fee accruals and payments, including Management and performance fees.
- Review and approval of administrator NAVs for Fund of Hedge Fund portfolios and PE AIF funds.
- FX hedging including monitoring of P&L and calculation and monitoring of hedge ratios.
- Liaising with administrators to obtain monthly statements and contract notes for investments.
- Organising statements and notes on SharePoint as required.
- Review of monthly client reports.
- Daily liaison with Client Relations Team and providing them with reports on a scheduled and ad hoc basis.
- Maintaining records on our core accounting system, Webfolio.
- PRODUCT MANAGEMENT (20%)
- Supporting the wider firm with UCITS regulation MIFID requirements, performance matrices, client flows.
- Liaising with fund counsel to enact fund registrations.
- Liaising with 3rd party MIFID reporting provider for production of KID/KIIDs.
- Maintaining investor registry.
- DEALING (40%)
- Instructing and processing of fund trading to custodians and execution agents as required (including review of fund T&C, onboarding with custodians).
- Liaising with investment committee and operations teams as required to secure trade approval and process trades.
- Produce cash/liquidity projections.
- Process Corporate actions.
Requirements
- Good understanding of the Fund of Fund/Hedge Fund/UCITS industry with previous Fund Accounting experience essential.
- Solid understanding of financials (valuations, accruals etc.) and portfolio performance (contributions, P&L impacts).
- Candidate must be highly numeric with excellent attention to detail and must be extremely well organised and diligent.
- Experience with Webfolio system would be considered advantageous.
- Experience in UCITS funds considered advantageous.
Equal Opportunity Statement
We are committed to diversity and inclusivity in our hiring practices.
Investment Operations Manager employer: International Asset Management
International Asset Management Limited (IAM) is an exceptional employer, offering a dynamic work environment in the heart of Piccadilly. With a strong commitment to employee growth and development, IAM fosters a culture of collaboration and innovation, providing opportunities for meaningful contributions within a small, dedicated operations team. The flexible working arrangement, including a day of remote work each week, alongside competitive compensation packages, makes IAM an attractive choice for professionals seeking a rewarding career in asset management.
Contact Details:
International Asset Management Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Investment Operations Manager
✨Get Involved in Finance Communities
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We think you need these skills to ace Investment Operations Manager
Some tips for your application 🫡
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Tailor Your Cover Letter to Reflect Passion for Investment:Your cover letter is your chance to express your enthusiasm for the investment world. Share why you're drawn to asset management and your understanding of market trends. The hiring team at International Asset Management will be keen to see that passion and how you keep up with industry news and developments.
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How to prepare for a job interview at International Asset Management
✨Brush Up on Financial Modelling
For a role in investment asset management, being well-versed in financial modelling is crucial. Make sure you can articulate your experience with tools like Excel or any specialised software you've used. Maybe even prepare a couple of examples of financial models you've built or analysed.
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As you’re applying for a full-time position, the interviewers will be interested in your commitment to the field. Be ready to discuss how this role fits into your long-term career plans in asset management. This shows you're not just looking for any job, but you’re genuinely interested in growing withInternational Asset Management.
