At a Glance
- Tasks: Process client transfers and manage the full transfer lifecycle with a focus on accuracy.
- Company: Join Nucleus Financial Platforms, a leader in innovative financial services.
- Benefits: Enjoy flexible working, health initiatives, and a non-contributory pension.
- Other info: Dynamic team culture with opportunities for personal and professional growth.
- Why this job: Make a real impact in a supportive environment that values collaboration and diversity.
- Qualifications: Experience in investment operations and strong IT skills, especially in Excel.
The predicted salary is between 30000 - 40000 £ per year.
Role is based in London. Third Platform Services (TPS) was founded in 2016 and is part of the Third Financial group. TPS provides a Model B clearing, custody and dealing service to FCA regulated Wealth and Investment Management firms. They are fully committed to always providing their customers with the highest levels of service. They achieve this using modern automated technology, a dedicated client services team, highly experienced operational staff, and a pivotal compliance support function.
Job purpose
To process all transfers in or out of TPS custody.
Main Responsibilities
- Processing of client transfers in and out of custody
- Managing the full transfer lifecycle from point of instruction to completion
- Liaising with TPS customers to provide regular transfer updates
- Updating client portfolios to reflect assets being transferred
- Monitoring and regularly chasing outstanding transfers
- Maintaining good relationships with counterparties to ensure the timely transfer of assets
- Reconciliation of client accounts to ensure assets have been recorded accurately
- Recording of cash received onto client accounts
- Processing of different asset types (equities/bonds/funds)
- Processing of different account types (GIAs/SIPPs/ISAs)
- ISA management: maintaining correct ISA documentation, posting ISA subscriptions, sending ISA transfer history forms, annual ISA returns
- Processing outgoing payments
- Reviewing client valuations
- Dealing with ad hoc customer queries
- Other duties as assigned
Specialist/Technical Knowledge
- Industry experience of investment operations
- Previous experience of dealing with the full transfer lifecycle
- Understanding of different asset types (equities/bonds/funds)
- Understanding of different account types (GIAs/ISAs/SIPPs)
- Previous experience of working for a custodian or an investment management firm
- Industry exams advantageous
- Great IT skills including MS Office, especially Excel
- Knowledge of Investment Management software (Tercero/Crest/Nexen/Jira) advantageous
Wider Team Responsibilities
- Corporate Actions
- Dealing
- FX
- Settlements
- Reconciliations
- Static Data
- Transaction Reporting
Qualities/Attributes
- Great written and verbal communicator
- Organisational skills
- Prioritising own workload
- Questions why things are done and drives change
- Attention to detail
- Proactive
- Enthusiastic
- Team player
A little about us: We’re the Nucleus Financial Platforms group and we help make retirement more rewarding. People come first - whether it’s our colleagues, or the advisers and customers we support, we know that working in partnership and collaboration leads to the best outcomes. Together, we’ve shaped the platform to how it is today. We work hard, and we celebrate hard too. Our ambition is to create a platform with a difference, putting the customer centre stage meant tearing up the rule book and starting from scratch. We’ve come a long way since then, but our mission remains just as focused. That’s why our culture, values, and social responsibility are things we keep at the top of our agenda – because we know they matter and have a big impact.
Our culture is one of the many things that sets us apart from the pack. We want to have an environment where our people feel that they can make a real difference, know they’ll be rewarded for their efforts and more importantly, enjoy themselves at work.
Are we a perfect match? Check out this video and find out!
Inclusion and diversity at Nucleus
As with most things in life, who cares, wins. We really care about inclusion. For us it’s not a tick box exercise; inclusion and diversity are embedded in our culture and everything we do. It’s a commercial imperative. It isn’t about being PC. It’s about being future-relevant and durable. We owe it to ourselves and the industry to ensure we are playing our part in creating a fair, balanced and transparent financial services sector. More diversity means broader experience, a wider set of perspectives and a better collective ability to problem-solve. And it means being more representative of customer groups, which supports areas such as product development.
At Nucleus, we offer a generous blend of benefits for the things that really matter to our people, including a non-contributory pension, bonus, enhanced parental leave, paid time off for emergencies, health and wellbeing initiatives and flexible working options.
Transfers Administrator employer: Nucleus Group
At Nucleus Financial Platforms, we pride ourselves on being an exceptional employer, offering a vibrant work culture in the heart of London. Our commitment to employee growth is reflected in our generous benefits package, which includes a non-contributory pension, flexible working options, and health initiatives, ensuring that our team feels valued and supported. Join us to be part of a collaborative environment where your contributions truly make a difference and where diversity and inclusion are at the forefront of our mission.
StudySmarter Expert Advice🤫
We think this is how you could land Transfers Administrator
✨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 Nucleus Group. 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 Transfers Administrator
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 Nucleus Group.
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 Nucleus Group'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 Nucleus Group
✨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 Nucleus Group.
✨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 Nucleus Group 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 Nucleus Group 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.
