At a Glance
- Tasks: Support product changes and manage custody processes in a dynamic financial environment.
- Company: Waystone, a leading asset-servicing solutions provider with over 25 years of experience.
- Benefits: Gain valuable experience in asset management and develop leadership skills.
- Other info: Opportunity for career growth and support from a dedicated team.
- Why this job: Join a collaborative team and make an impact in the financial services industry.
- Qualifications: 2-4 years in asset management; strong time management and innovative mindset.
The predicted salary is between 29700 - 36300 £ per year.
About Waystone
Waystone is a leading asset-servicing solutions provider of institutional governance, administration, risk and compliance services to financial institutions. With over 25 years’ experience and a comprehensive range of specialist services to its name, Waystone helps our clients structure, operate and grow through our expertise, innovation and digitisation, backed by the operational scale to support global expansion.
Summary
ESSENTIAL DUTIES AND RESPONSIBILITIES
- To be responsible for providing support services and project administration, including custody openings, annual custody updates to markets, completion of market related documents, transfer agency account opening, day to day custody enquiries, closure of markets and custody accounts as a result of change of custody, transfers out and wind-ups, maintaining governance processes such as logs, procedures and checklist review; taking ownership of the process from proposal on smaller changes and providing support to other team members on larger projects.
Requirements
- Assist in all aspects of the post launch product lifecycle, including project support for mergers, in‑kind transfers, liquidations and product changes.
- Ownership of all custody related market and collective account openings and closures including for launches, existing funds, transfers out and wind‑ups.
- Ownership of day‑to‑day custody enquiries and issue resolution.
- Manage smaller changes such as share class launches and closures and general fund operational queries.
- Maintain the product development and launch pipeline and other MI for reporting to the wider business.
- Support reviews of product development procedures, policies and project management documentation.
- Longer term, develop the necessary leadership and project management skills necessary to lead implementation of product initiatives or related key aspects.
- You will be supported by the team to ensure excellent levels of client service are achieved.
- Work co‑operatively and enthusiastically as a member of the Product Change team, to provide support for other team members when required.
Experience and Personal Attributes
- 2-4 Years experience in asset management in either a product development or operations environment.
- Experience of full life cycle for fund(s) custody requirements.
- A track record in and/or proven ability to deliver quality work to strict deadlines.
- Excellent time management and follow through skills.
- Innovative with strong self-motivation.
- Previous knowledge of working in a regulated environment (desirable but not essential).
- Knowledge of Microsoft Office including: Word, Excel, PowerPoint, Outlook.
Product Change Associate in London employer: Waystone
Waystone is an exceptional employer that fosters a dynamic and innovative work culture, making it an ideal place for an Events Manager to thrive. With a strong emphasis on employee growth and development, Waystone offers opportunities to lead impactful global events that enhance brand awareness and client engagement, all while being part of a collaborative team dedicated to excellence. Located in a vibrant financial hub, employees benefit from a stimulating environment that encourages creativity and strategic thinking, ensuring a rewarding career path in the asset-servicing industry.
StudySmarter Expert Advice🤫
We think this is how you could land Product Change Associate in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Waystone. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Product Change Associate in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Waystone.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Waystone's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Waystone
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Waystone.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Waystone will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Waystone employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.