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- Tasks: Manage investment data and cash flows while ensuring compliance with financial regulations.
- Company: Scottish National Investment Bank, dedicated to impactful investments for Scotland.
- Benefits: Competitive salary, 30 days leave, pension, volunteer days, and flexible working options.
- Other info: Supportive culture with opportunities for continuous learning and career growth.
- Why this job: Join a purpose-driven team making a real difference in Scotland's financial landscape.
- Qualifications: Accounting qualification and experience in investment operations, preferably in private equity.
The predicted salary is between 51000 - 59000 £ per year.
The Scottish National Investment Bank is seeking a Fund Controller to play a pivotal role within our Investment Operations team. As a purpose-driven organisation, we are committed to creating lasting environmental, societal, and financial impacts for the people of Scotland. This is an exciting opportunity to contribute to our mission by ensuring the seamless flow and reporting of investment data throughout the lifecycle of our investments.
Reporting to the Director of Investment Operations, you will support the Bank's middle office by managing cash flows, coordinating investment data, and providing critical support for investment valuations in accordance with IFRS 9 and IPEV standards. Your expertise will be essential in administering equity and debt investments, liaising with Finance on investment income, and maintaining the integrity of our investment management systems.
As the Bank is now FCA-regulated, you will ensure compliance with financial crime legislation and play a key role in managing both individual and portfolio valuations. Your ability to manage complex cash flows, conduct mathematical analyses, and enhance our forecasting systems will be invaluable to our success.
Key Responsibilities:- Lead the preparation and analysis of investment valuations, ensuring compliance with IFRS 9 and IPEV.
- Support the Bank’s investment portfolio forecasting, maintaining model integrity, and liaising with finance team to help deliver the core Financial Planning and Analysis output.
- Manage the release of investment funds, ensuring all contractual and legal requirements are met.
- Oversee the tracking and calculation of investment income, including interest payments and dividend receipts.
- Maintain and enhance the Bank’s investment management systems, ensuring data integrity and confidentiality.
- Collaborate with Finance and other internal teams to monitor and report on investment performance.
- Support the Bank's compliance with FCA Conduct Rules and participate in mandatory training.
We are looking for a proactive and detail-oriented professional with a strong background in investment operations, ideally within private equity. You should possess:
- An accounting qualification and current membership of a relevant professional accounting body.
- Extensive experience in asset management, with a solid understanding of FCA regulations and IPEV standards.
- Well-developed technical skills, particularly in Excel, with experience in private markets investment management systems.
- A keen awareness of risk and controls, with the ability to apply this knowledge to the investment lifecycle.
- Excellent organisational, communication, and problem-solving skills.
We welcome candidates who may not meet all the criteria but believe they can excel in this role. We value diverse experiences and perspectives, and your unique background could be a great addition to our team. We support flexible working and strive to build a fairer, more sustainable, and innovative Scotland.
At the Scottish National Investment Bank, we offer a supportive culture that values your expertise and autonomy, encourages continuous learning, and provides opportunities for meaningful work. The salary range is £51-59k, depending on experience, with additional benefits including 30 days annual leave plus public holidays, a 12% non-contributory pension, volunteer days, and more. We operate a hybrid working model and are open to discussing flexible working patterns.
If you are eligible under the Disability Confident Scheme or need any adjustments to support your application, please reach out to us. We are committed to providing the support needed for you to participate fully in our recruitment process.
Fund Controller - Investment Operations employer: The Scottish National Investment Bank
Contact Detail:
The Scottish National Investment Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Fund Controller - Investment Operations
✨Tip Number 1
Network like a pro! Reach out to folks in the investment operations field, especially those who work at the Scottish National Investment Bank. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the interview by brushing up on IFRS 9 and IPEV standards. We want you to show off your knowledge and how it applies to the role. Practise explaining complex cash flows and investment valuations in simple terms – it’ll impress the hiring team!
✨Tip Number 3
Don’t forget to showcase your Excel skills! Bring examples of how you've used Excel in past roles to manage data or forecast investments. We love seeing candidates who can demonstrate their technical prowess in real-world scenarios.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, we’re all about supporting diverse experiences, so don’t hesitate to highlight what makes you unique in your application.
We think you need these skills to ace Fund Controller - Investment Operations
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Fund Controller role. Highlight your background in investment operations and any relevant qualifications, especially those related to IFRS 9 and IPEV standards.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about this role and how you can contribute to our mission. Share specific examples of your experience in managing cash flows and investment valuations to make your application stand out.
Showcase Your Technical Skills: Since we value technical expertise, especially in Excel and investment management systems, be sure to mention any relevant tools or software you've used. This will demonstrate your readiness to hit the ground running in our team.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team.
How to prepare for a job interview at The Scottish National Investment Bank
✨Know Your Numbers
As a Fund Controller, you'll be dealing with complex cash flows and investment valuations. Brush up on your financial knowledge, especially IFRS 9 and IPEV standards. Be ready to discuss how you've applied these in past roles or how you would approach them in this position.
✨Showcase Your Technical Skills
Make sure to highlight your Excel expertise and any experience with investment management systems. Prepare examples of how you've used these skills to enhance forecasting or manage data integrity in previous jobs. This will demonstrate your readiness for the technical demands of the role.
✨Understand the Compliance Landscape
Since the Bank is FCA-regulated, it's crucial to show your understanding of financial crime legislation and compliance requirements. Familiarise yourself with the FCA Conduct Rules and be prepared to discuss how you would ensure compliance in your role.
✨Emphasise Collaboration
The role involves liaising with various teams, so be ready to talk about your communication and teamwork skills. Share specific examples of how you've successfully collaborated with finance or other departments to achieve common goals, as this will highlight your ability to fit into their team-oriented culture.