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- Tasks: Support investment strategies and manage daily operational processes.
- Company: Join LGPS Central, a leading FCA-regulated asset manager for local authority pension funds.
- Benefits: Enjoy hybrid working, generous pension schemes, and family-friendly policies.
- Other info: Be part of a diverse team committed to responsible investment and continuous improvement.
- Why this job: Gain hands-on experience in investment operations and contribute to impactful financial strategies.
- Qualifications: Bachelor’s degree in Finance or related field; experience in investment operations preferred.
The predicted salary is between 36000 - 60000 £ per year.
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:
As our Investment Operations Analyst (Private Markets), here's an insight into what you'll be getting up to:
Fund and LP Administration
- 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
Accounting and Reporting services
- 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
Regulatory and compliance
- 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 Fund, 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.
LGPS Central’s Partner Funds are:
- Cheshire Pension Fund
- Derbyshire Pension Fund
- Leicestershire Pension Fund
- Nottinghamshire Pension Fund
- Shropshire Pension Fund
- Staffordshire Pension Fund
- West Midlands Pension Fund
- Worcestershire Pension Fund
- Gloucestershire Pension Fund
- Hampshire Pension Fund
- Sulfolk County Council
- Wiltshire Pension Fund
- Norfolk Pension Fund
- Oxfordshire Pension Fund
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. With a focus on value for money and performance we want to aspire to be one of the best because this is how we will deliver the superior investment returns and low costs 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 & Development Opportunities
- Welfare and Family friendly policies
- Enhanced pay for new parents
- Access to our Employee Assistance Programme 247 Health & Wellbeing Support
- Vitality Private Medical Insurance
- Hybrid Working
- Company Service Awards
- Cycle to work scheme
- Company Electric Vehicle Scheme
- Winner of the Cultural Awareness Initiative of the Year FT Advisors Diversity in Finance Awards 2023
- Winner of Diversity and Inclusion Award LAPF In Investments Award 2023
- Winner of LAPF Investment Innovation
- Winner of Pool of the Year 2025
Investment Operations Analyst employer: LGPS Central
Contact Detail:
LGPS Central Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Investment Operations Analyst
✨Tip Number 1
Familiarise yourself with the specific asset classes mentioned in the job description, such as Equity, Fixed Income, and Derivatives. Understanding these areas will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the investment operations field, especially those who have experience with LGPS Central or similar organisations. Engaging with them can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your knowledge of UK financial regulations like FCA and MiFID II. Being able to discuss these regulations confidently will show that you are well-prepared and understand the compliance aspects of the role.
✨Tip Number 4
Prepare to discuss your problem-solving skills and how you've managed multiple projects in the past. Use specific examples that highlight your ability to deliver excellent service under pressure, as this is crucial for the Investment Operations Analyst position.
We think you need these skills to ace Investment Operations Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in middle office or investment operations. Emphasise any specific roles you've had in supporting Equity, Fixed Income, or Derivatives, as well as your familiarity with systems like Bloomberg AIM or Aladdin.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with the responsibilities listed, such as managing outsourced service providers and performing daily reconciliations. Use specific examples to demonstrate your problem-solving abilities.
Highlight Regulatory Knowledge: Since understanding UK financial regulations is crucial for this role, make sure to mention any relevant knowledge or experience you have with FCA, MiFID II, or AAF reporting standards. This will show that you are well-prepared for the compliance aspects of the job.
Showcase Communication Skills: Given the need for clear communication across teams and with external stakeholders, provide examples in your application that illustrate your ability to communicate effectively. This could include experiences where you successfully collaborated on projects or resolved issues with clients.
How to prepare for a job interview at LGPS Central
✨Know Your Investment Operations
Make sure you have a solid understanding of investment operations, especially in areas like equity, fixed income, and derivatives. Brush up on your knowledge of key financial regulations such as FCA and MiFID II, as these will likely come up during the interview.
✨Demonstrate Attention to Detail
Given the role's focus on accuracy and operational excellence, be prepared to showcase your attention to detail. You might be asked to discuss past experiences where your analytical skills helped resolve discrepancies or improve processes.
✨Familiarise Yourself with Relevant Tools
If you have experience with systems like Bloomberg AIM or Aladdin, make sure to mention it. If not, do some research on these tools and be ready to discuss how you would adapt to using them in your role.
✨Prepare for Team Collaboration Questions
Since the position involves working closely with internal teams and external partners, think of examples that demonstrate your ability to communicate effectively and collaborate across different groups. Highlight any experiences where you successfully managed multiple projects or met tight deadlines.