At a Glance
- Tasks: Ensure accurate reconciliation of cash, stock, and custody positions in a dynamic financial environment.
- Company: Join a well-established financial services organisation with a supportive culture.
- Benefits: Competitive salary, hybrid working, and opportunities for professional development.
- Other info: Collaborative team environment with excellent career growth potential.
- Why this job: Make an impact in investment operations while developing your skills in a fast-paced setting.
- Qualifications: Experience in financial services with strong attention to detail and problem-solving skills.
The predicted salary is between 25000 - 27500 £ per year.
An exciting opportunity has arisen for an Investment Operations Officer to join a well-established financial services organisation. Working within the Operations team, you will play a key role in ensuring the accurate reconciliation of cash, stock and custody positions across UK and international business areas. This position would suit an individual with previous experience in investment operations, wealth management, banking operations or financial services administration who has strong attention to detail and enjoys investigating and resolving discrepancies. The successful candidate will work closely with internal departments, external banking partners, custodians and third-party providers to ensure operational controls are maintained and regulatory requirements are met.
Key Responsibilities
- Perform daily reconciliation of cash, stock and custody accounts across UK and international operations.
- Investigate, analyse and resolve reconciliation breaks and discrepancies in a timely manner.
- Complete and maintain external bank reconciliations, ensuring all accounts are accurately reconciled and outstanding items are investigated.
- Reconcile and monitor asset holdings held in safe custody arrangements.
- Process and review stamp duty reconciliations, including the identification and recovery of any amounts paid in error.
- Work collaboratively with internal stakeholders to minimise and clear outstanding reconciliation items.
- Support the ongoing review and enhancement of reconciliation processes, controls and procedures.
- Assist with the preparation of information required for internal and external audits.
- Maintain accurate departmental records, controls and reporting.
- Ensure operational procedures remain current and are updated when required.
- Support wider operational activities and projects as directed by management.
- Maintain awareness of industry developments, regulatory requirements and best practice through ongoing professional development.
Skills & Experience
Essential
- Previous experience within wealth management, investment operations, banking operations or a similar financial services environment.
- Strong attention to detail and a methodical approach to work.
- Excellent organisational skills with the ability to prioritise effectively and meet deadlines.
- Strong analytical and problem-solving abilities.
- Effective communication and relationship-building skills.
- Ability to work independently while contributing positively to a wider team environment.
Desirable
- Experience of performing cash, stock or custody reconciliations.
- Knowledge of investment operations processes and controls.
- Exposure to investment platform or core banking systems.
- Understanding of SWIFT messaging and payment processes.
- Familiarity with UK financial services regulatory requirements.
What We're Looking For
The ideal candidate will be proactive, highly organised and committed to delivering accurate, high-quality work. You will be comfortable working in a fast-paced operational environment, building strong relationships with colleagues and stakeholders, and contributing to continuous improvement initiatives.
What's on Offer
- Salary of £25,000 – £27,500
- 15-month fixed-term contract
- Hybrid working arrangement following successful completion of probation
- Opportunity to develop experience within a specialist investment operations function
- Exposure to a broad range of financial services and operational processes
- Supportive and collaborative team environment
Investment Operations Officer - Reconciliations employer: RGH-Global Limited
Join a well-established financial services organisation in Blackpool as an Investment Operations Officer, where you will benefit from a supportive and collaborative team environment. With a competitive salary and a hybrid working arrangement after probation, this role offers excellent opportunities for professional growth within the investment operations sector, allowing you to enhance your skills while contributing to meaningful financial processes.
StudySmarter Expert Advice🤫
We think this is how you could land Investment Operations Officer - Reconciliations
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector, especially those in investment operations. A friendly chat can lead to insider info about job openings or even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of reconciliation processes and regulatory requirements. We recommend practising common interview questions related to cash and stock reconciliations to show you're the right fit.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website for the best chance at landing that Investment Operations Officer role. We make it easy for you to showcase your skills and experience directly to the hiring team!
We think you need these skills to ace Investment Operations Officer - Reconciliations
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in investment operations or financial services. We want to see how your skills match the role, so don’t be shy about showcasing your attention to detail and problem-solving abilities!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re excited about the Investment Operations Officer role and how your background makes you a perfect fit. We love seeing genuine enthusiasm!
Be Clear and Concise:When filling out your application, keep your language clear and to the point. We appreciate straightforward communication, so avoid jargon and make sure your key skills stand out!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at RGH-Global Limited
✨Know Your Numbers
Brush up on your knowledge of cash, stock, and custody reconciliations. Be ready to discuss specific examples from your past experience where you successfully resolved discrepancies or improved processes. This shows you’re not just familiar with the terms but can apply them in real-world scenarios.
✨Show Off Your Attention to Detail
Prepare to demonstrate your methodical approach to work. Bring along examples of how you've maintained accurate records or managed complex reconciliations. Highlighting your organisational skills will resonate well with the interviewers, as they value precision in this role.
✨Communicate Effectively
Practice articulating your thoughts clearly and concisely. Since the role involves collaboration with various stakeholders, showcasing your effective communication skills during the interview is crucial. Think of instances where you built strong relationships or resolved conflicts.
✨Stay Updated on Industry Trends
Familiarise yourself with current developments in financial services and regulatory requirements. Being able to discuss recent changes or best practices in investment operations will demonstrate your commitment to professional development and your proactive nature.
