At a Glance
- Tasks: Manage operational risk and ensure compliance for financial delegates.
- Company: Waystone, a leader in asset-servicing solutions with 25 years of experience.
- Benefits: Competitive salary, professional development, and opportunities for industry training.
- Other info: Engage with cross-functional teams and enhance your career in a supportive environment.
- Why this job: Join a dynamic team and make a real impact in the financial sector.
- Qualifications: 5+ years in fund management, strong communication skills, and problem-solving mindset.
The predicted salary is between 60000 - 80000 £ 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
The Manager – Delegate Oversight will assist with the management of ongoing and large‑scale operational risk deliverables within Waystone Management Company business, covering ACD responsibilities. The role will oversee a range of delegates of Waystone, ensure the ongoing regulatory compliance for all of these delegates and work in a supportive role within the team for existing, new, and potential mandates (supporting the broader European operations). It will involve working with external parties to ensure that ongoing risk monitoring and compliance requirements are being adhered to.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- To perform the initial written due diligence on the 3rd party delegates;
- To actively question and assess 3rd parties to identify and manage risks;
- To conduct the due diligence visits onsite at the offices of 3rd party delegates;
- To monitor the implementation of the control arrangements in place with the delegates;
- To ensure that the delegates have implemented the latest regulations;
- To prepare monthly detailed MIS reporting to the Senior Management within the ACD;
- To engage with cross‑functional teams at various levels to ensure cohesive oversight;
- To actively question methods and processes with the key to making the team more effective and efficient.
REQUIREMENTS
- Good understanding of UK regulatory framework and willingness to attend industry training and corporate events;
- A working knowledge of fund management operations; a sound knowledge of the risks entailed in the investment processes A-Z and the financial instruments deployed to gain exposures;
- At least five years of experience in the fund industry (Asset Management, Audit firms, Management Company etc);
- Problem solving oriented person;
- Excellent writing, presentation and communication skills.
EDUCATION
- University degree;
- Professional training.
Manager - Delegate Oversight employer: Waystone
Waystone is an exceptional employer, offering a dynamic work environment that fosters innovation and professional growth within the asset-servicing sector. With a strong commitment to employee development, comprehensive training opportunities, and a collaborative culture, Waystone empowers its team members to excel in their roles while ensuring compliance and operational excellence. Located in a vibrant financial hub, employees benefit from engaging with industry leaders and participating in meaningful projects that drive the future of institutional governance.
StudySmarter Expert Advice🤫
We think this is how you could land Manager - Delegate Oversight
✨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 Manager - Delegate Oversight
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.
