At a Glance
- Tasks: Process transactions, reconcile accounts, and resolve discrepancies in a dynamic team environment.
- Company: Join Schroders, a global investment manager with over 200 years of experience.
- Benefits: Permanent role with competitive salary, training opportunities, and flexible working options.
- Other info: Access to the Operations Academy and networking opportunities through Investment20/20.
- Why this job: Kickstart your career in finance while making a real impact in Wealth Management.
- Qualifications: Strong communication, analytical skills, and a passion for process improvement.
The predicted salary is between 30000 - 40000 € per year.
We are looking for a Third Party Custody (TPC) Analyst 1 to join our Wealth Management Operations team. You will ensure timely processing of transactions and reconciliation of TPC accounts, investigate and resolve position discrepancies between internal and external accounts. You will keep track of open items / breaks and monitor them through to completion. Your experience will allow you to independently carry out processes, whilst also working with the team, as well as challenge current processes to ensure continuous development by helping create and implement enhancements to processes / systems.
About Schroders: We're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future. We have around 6,000 people on six continents. And we've been around for over 200 years but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper.
The base: At Schroders, we're known for doing things differently. That's why we’re building a home for the ambitious in Horsham, West Sussex. You’ll get the all the benefits of being part of a world-leading FTSE 100 company. But you’ll also get the support of being part of a genuine local community. If you’re looking for opportunities that match your ambitions, you’ll find them right here in Horsham.
The programme: You will join Schroders as a permanent employee and start your career in our Operations Academy, which currently runs for 18-24 months. During this time you will study for your CISI Level 3 - Investment Operations Certificate, learn on the job and have access to a wide range of soft skill training courses.
Investment20/20: You will join as an Operations Academy Trainee as part of the Investment20/20 programme, you will have opportunities to meet and network with trainees across the industry and participate in training, socials and insight events.
What you'll do:
- Process bookings of all transactions reported by the custodians or upon receipt of trade confirmations
- Reconcile custodian data and internal system data according to defined frequency
- Work through extremely high volumes, prioritise and manage workloads
- Troubleshoot any discrepancy arising from transaction processing, adjusting positions where required
- Document and monitor reconciliation breaks
- Own assigned custodians, process data manually and via an automation tool
- Ensure portfolio valuations are up to date and prices are accurate
- Create and maintain client mandates, securities, accounts, FX and other instruments
- Process Corporate Actions and transactions for model portfolios
- Manage the team mailbox, ensuring items are allocated and processed
- Maintain assigned procedure documentation and controls
- Provide support to all operational and Global Wealth teams
The knowledge, experience and qualifications that’ll help:
- Any experience which demonstrates good communication, analytical skills, and working well within a team environment.
- Keenness to innovate and improve processes.
- Experience of prioritising workload, demonstrating a keen eye for detail, problem solving and confidence in communicating.
- Being organised and taking the initiative.
- You must be at least 18 years old by the start date of the programme to apply for the advertised intake.
- You will need to study for your CISI Level 3 - Investment Operations Certificate outside of normal office hours.
- After your initial training, you have the option to work from home as well as in our office. Minimum expectation is 60% of the week working in our office.
We recognise potential, whoever you are. Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought facilitated by an inclusive culture will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer: you are welcome here regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background or any other protected characteristics.
Third Party Custody Analyst 1 in Horsham employer: Schroders
At Schroders, we pride ourselves on being an exceptional employer, offering a unique blend of global expertise and local community support in Horsham, West Sussex. Our commitment to employee growth is evident through our Operations Academy, where you will gain valuable qualifications and skills while working alongside a dedicated team in a culture that values innovation and diversity. Join us to be part of a forward-thinking organisation that not only prioritises your professional development but also fosters a welcoming and inclusive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Third Party Custody Analyst 1 in Horsham
✨Tip Number 1
Network like a pro! Reach out to current employees at Schroders on LinkedIn or through industry events. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by understanding the role inside out. Know what a Third Party Custody Analyst does and be ready to discuss how your skills match up. We want to see your enthusiasm and how you can contribute to the team!
✨Tip Number 3
Show off your problem-solving skills! Be ready to share examples of how you've tackled challenges in the past. This role is all about resolving discrepancies, so we want to hear how you think on your feet.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining our community at Schroders.
We think you need these skills to ace Third Party Custody Analyst 1 in Horsham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Third Party Custody Analyst role. Highlight any relevant experience, especially in transaction processing and reconciliation. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're excited about joining our Wealth Management Operations team and how you can contribute to our goals. Keep it concise but impactful!
Showcase Your Analytical Skills:Since this role involves a lot of problem-solving and attention to detail, make sure to include examples of how you've successfully tackled challenges in the past. We love seeing candidates who can think critically and innovate!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way to ensure your application gets to us directly. Plus, you'll find all the info you need about the role and our company there!
How to prepare for a job interview at Schroders
✨Know Your Numbers
As a Third Party Custody Analyst, you'll be dealing with transactions and reconciliations. Brush up on your numerical skills and be ready to discuss how you handle data accuracy and discrepancies. Prepare examples from your past experiences where you've successfully managed high volumes of data.
✨Show Your Team Spirit
This role requires collaboration with various teams. Be prepared to share instances where you've worked effectively in a team environment. Highlight your communication skills and how you’ve contributed to team success, especially in resolving issues or improving processes.
✨Demonstrate Your Problem-Solving Skills
Expect questions about how you approach troubleshooting discrepancies. Think of specific challenges you've faced in previous roles and how you resolved them. Show that you can think critically and take the initiative when problems arise.
✨Be Ready to Innovate
Schroders values innovation and continuous improvement. Come prepared with ideas on how you could enhance processes or systems in the role. This shows your keenness to contribute positively and adapt to changes, which is crucial for this position.
