At a Glance
- Tasks: Oversee fund activities, ensuring accuracy and compliance while collaborating with various teams.
- Company: Dynamic financial services firm with a focus on innovation and teamwork.
- Benefits: Hybrid working model, competitive salary, and opportunities for professional growth.
- Other info: Flexible working hours and a supportive environment for career development.
- Why this job: Join a vital role in finance, making impactful decisions and enhancing processes.
- Qualifications: Experience in financial services and knowledge of regulatory frameworks required.
The predicted salary is between 35000 - 45000 £ per year.
12 Month Contract (Initial) Edinburgh Hybrid Working
Overview of the Role:
To assist management conducting a wide range of Unit Trust and OEIC administrative activities in accordance with the appropriate regulations and the client service level agreement. A high degree of accuracy is required due to the importance of this function. An appreciation of time constraints, flexibility and the ability to communicate effectively with clients plus internal and external contacts is critical to the role. The jobholder has discretion in terms of decision making with regard to the following principal responsibilities. It is their responsibility to escalate to their direct line manager.
Role Requirements:
- Perform daily oversight of cash movements and balances across fund accounts, investigating exceptions and unusual activity.
- Oversee cash reconciliation processes across multiple accounts and fund structures, maintaining control over outstanding breaks, aged items, and overdrafts and supporting root-cause analysis.
- Review NAV production outputs to ensure accuracy, completeness, and timeliness; challenge pricing issues, unusual movements, and material valuation variances.
- Investigate NAV breaks and coordinate with operational teams to ensure timely resolution and appropriate documentation.
- Monitor investment and borrowing restrictions in line with regulatory requirements, prospectus limits, and internal procedures; review and classify breaches and ensure timely escalation.
- Partner with other teams to deliver daily, weekly, and monthly oversight activities and consistent service delivery.
- Identify and implement process improvements to strengthen controls, improve efficiency, and reduce risk.
- Escalate material issues, control breaches, and potential suspicious activity promptly and in line with governance and reporting requirements.
- Build effective relationships with stakeholders across locations and functions to support issue resolution, knowledge sharing, and continuous improvement.
- Support the oversight and execution of payment processes in line with regulatory requirements.
- Support change initiatives, including regulatory changes, new fund launches, onboardings and other fund changes.
- Deliver strong oversight of record keeping and ownership verification controls, ensuring accuracy and regulatory compliance.
Skills & Experience:
- Experience in financial services industry.
- Experience in Depositary's.
- Knowledge of UCITS, AIFMD, or similar regulatory frameworks.
- The ability to apply backlog prioritisation to ensure KRI deliveries are achieved.
- Strong communication and collaboration skills, with the ability to work effectively with stakeholders at all levels of the organisation.
- Strong sense of ownership, accountability, and risk awareness.
- Ability to prioritise across multiple deadlines and manage a varied workload.
Location: This is a hybrid working role, with a requirement to work from the clients Edinburgh office 4 days a week.
Working hours: Standard working hours with some flex where required.
Fund Oversight Specialist employer: Pontoon
As a Fund Oversight Specialist at our Edinburgh office, you will join a dynamic team that values accuracy, collaboration, and continuous improvement. We offer a supportive hybrid working environment, competitive benefits, and ample opportunities for professional growth within the financial services sector. Our commitment to employee development and a culture of open communication makes us an exceptional employer for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Fund Oversight Specialist
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Pontoon.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Pontoon might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Fund Oversight Specialist
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Pontoon will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Pontoon. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Pontoon confidence in your short-term commitment to the role.
How to prepare for a job interview at Pontoon
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Pontoon.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Pontoon that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
