At a Glance
- Tasks: Oversee OTC derivatives operations and help build Opus' Middle Office capability.
- Company: Join a Great Place to Work certified company with a culture of trust and belonging.
- Benefits: Enjoy a hybrid working model, competitive salary, and professional development opportunities.
- Other info: Dynamic role with excellent training and career growth potential.
- Why this job: Make a real impact in financial services while growing your career in a supportive environment.
- Qualifications: Honours degree in finance or related field and 5+ years in financial services operations.
The predicted salary is between 56700 - 69300 £ per year.
At Opus, we grow together.
Our team of bold thinkers and passionate doers is united by a shared mission to tackle meaningful challenges.
Our culture of trust and belonging has earned us the Great Place to Work certification in four countries, based entirely on team feedback.
It reflects our commitment to fairness, pride credibility and camaraderie, and reinforces what we believe: when people feel valued, they do their best work.
About the Role
Reporting to the Head of Portfolio Accounting, this AVP will be key in establishing and operating Opus' Middle Office capability.
The role will initially focus on providing independent oversight of OTC derivatives operations, including confirmation management, trade reconciliations, exception investigation, and trade lifecycle monitoring.
The successful candidate will help build operational processes and controls while supporting the delivery of high-quality service to clients.
As the Middle Office function evolves, the role will contribute to the expansion of services across trade lifecycle management, collateral oversight, corporate actions, pricing oversight, and other investment operations activities.
In addition to Middle Office responsibilities, the role will provide support across Portfolio Accounting activities, helping to strengthen controls, manage exceptions, and support operational delivery across the wider team.
Key Responsibilities
- Review and validate OTC derivative confirmations received from counterparties.
- Perform independent reconciliations through platforms such as Markit Wire, Trade Serv, and other industry utilities.
- Investigate, document, and resolve reconciliation breaks, trade discrepancies, and operational exceptions.
- Liaise with counterparties, clients, brokers, and internal stakeholders to support timely resolution of issues.
- Monitor trade lifecycle events and maintain appropriate control evidence, audit trails, and exception reporting.
- Play a key role in establishing Opus' Middle Office capability, including helping to design processes, implement controls, document procedures, and develop operating models.
- Contribute to building a scalable Middle Office service offering that can support additional clients and services over time.
- Assist with client onboarding, service transitions, and the delivery of new Middle Office services as the function evolves.
- Support Portfolio Accounting activities including reconciliations, exception management, operational reviews, and other investment operations tasks as required.
- Key Qualifications & Competencies
- You have a honours degree or equivalent in a relevant field such as accounting, finance, business.
- You have gained at least 5+ years’ progressive experience in a financial services operation team.
- You are known for your superior communication and interpersonal skills.
- You have a sense of urgency to prioritize and execute concurrent client demands and internal stakeholder requests.
- Demonstrated ability to improve operational performance, including service delivery, productivity, quality and scalability.
- You bring a strong sense of ownership and accountability of work output in everything you do.
- Experience in or with the asset management industry is an asset that sets you apart.
- What to Expect
We are committed to setting our colleagues up for success from day one.
During your initial months, you may participate in more frequent in-office training designed to build your knowledge, confidence, and connections.
As you become established in your role, you will transition to our hybrid working model, currently consisting of 3 days per week in the office, offering both flexibility and continued collaboration.
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Assistant Vice President, Portfolio Accounting in Glasgow employer: Opus Fund Services
At Opus, we pride ourselves on fostering a culture of trust and belonging, making us an exceptional employer for those in the Investor Relations field. Our commitment to employee growth is evident through our focus on mentoring junior staff and encouraging process improvements, all while maintaining a collaborative environment that has earned us Great Place to Work certification across multiple countries. Located in a vibrant area, we offer a dynamic workplace where your contributions are valued, ensuring you can thrive both personally and professionally.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Vice President, Portfolio Accounting in Glasgow
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like Opus Fund Services. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from Opus Fund Services.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like Opus Fund Services. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Assistant Vice President, Portfolio Accounting in Glasgow
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in Opus Fund Services and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show Opus Fund Services how you can be a team player!
How to prepare for a job interview at Opus Fund Services
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with Opus Fund Services.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with Opus Fund Services's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
