Investment Operations Analyst

Join us at a pivotal moment, where investment operations expertise, data integrity, and process excellence come together to underpin effective LGPS pooling and deliver strong outcomes. The Private Markets Operations Analyst plays a key role within the Investment Operations team, which provides essential support to the Investment function. This position is responsible for ensuring the smooth and accurate processing and support for new investment activity and life cycle support of existing investments. The role involves daily interaction and collaboration with internal teams across the firm, primarily the Investment teams but also including Client Services and Compliance, as well as with key external partners such as the Fund Administrator/Accountant, technology vendors and the General Partners. The successful candidate will contribute to the continuous improvement of operational processes, support the implementation of investment strategies, and help ensure regulatory and procedural compliance in line with best practice and LGPS Central’s commitment to excellence in asset management.

What you'll be doing:

• Provide operational support to Fund Managers.
• Preparing cashflow notices and managing cashflow activity with investors and General Partners.
• Bank and cash management and reconciliation.
• Managing foreign exchange requirements.
• Monitoring, processing and payment of invoices.
• Oversight of the Fund Administrator for outsourced services including reviewing ongoing KPI and SLA performance.
• Resolving investor queries.
• Supporting internal audits.
• Contribute to the development of the Target Operating Model.
• Ad-Hoc project support.
• Maintaining investment and accounting records.
• Reconciling financial statement line items.
• Supporting valuation of investments.
• Annual accounts preparation in compliance with FRS 102.
• Preparing performance calculations.
• Annual financial statement audit liaison.
• Cost transparency reporting.
• Preparation of quarterly performance reporting.
• Periodic monitoring and review of the investors admitted and entities activity.
• Compliance monitoring and reporting.
• Formulating and implementing detailed compliance procedures in relation to applicable regulatory requirements.
• Preparing AIFMD Annex IV reporting.
• Liaising with tax advisor for partnership tax compliance and tax structuring.
• Ensuring compliance with Limited Partnership Agreement for administrative functions.

About Us:

LGPS Central (LGPSC) Ltd is the FCA regulated asset manager for fourteen local authority pension funds across the Midlands. LGPSC is jointly owned on an equal shares basis by those Partner Funds, and it is responsible for managing £100bn+ of their assets. It is one of six Local Government Pension Scheme (LGPS) asset pools in the UK. The Company is committed to responsible investment and has made responsible investment a core part of the investment process in every asset class. LGPS Central offers a friendly and diverse, hybrid working environment with a range of employee benefits. The Company moved to new premises at i9, Wolverhampton Interchange in January 2022, close to local transport links. Our objective is to be a leading investment management company working with and for our Partner Funds.

Requirements:

• Previous Fund Administration and/or Fund Accounting experience for Private Market investments, from either an Asset Management or Fund Administrator background.
• Some previous experience of supporting any of Private Equity, Private Debt, Infrastructure, Property investments is a must.
• An understanding of the roles played by an Outsourced Administrator.
• Any experience of Charles River, eFront or similar platforms would be an advantage.
• Competent grasp of the ‘life of a trade’ structure, knowledge of investment and accounting requirements and preparation of call and distribution notices.
• Understanding of regulations pertaining to Private Market investments.
• Proven track record of outstanding customer service, ideally servicing Financial Institutions.
• High attention to detail, analytical.
• Able to communicate complex and highly-technical matters in a way which is understandable and relevant.
• Confidence when communicating.
• Strong reasoning and problem-solving skills, able to develop pragmatic solutions to complex problems.
• Able to build effective relationships across all levels of the company.
• Highly organised and able to work to deadlines and manage competing priorities under significant time pressures.
• Strong interpersonal, communication and people management skills.
• Ability to challenge appropriately.
• Ability to think outside the box.

Qualifications:

Degree level or equivalent.

What do we offer?

We are proud to provide our people with a premium and exclusive benefits package and we are continually improving the rewards we offer. Here are a few of the valuable rewards that you will enjoy:

• Competitive salary.
• An enhanced and generous Pension Scheme.
• 30 days' paid holiday plus bank holidays.
• 2 days paid volunteering days.
• An extra paid Company Day in addition to paid holidays.
• Excellent Learning opportunities.