At a Glance
- Tasks: Support Fund Operations by managing NAV administration and resolving valuation queries.
- Company: Jupiter is a leading UK investment management firm with £51.3 billion in assets.
- Benefits: Enjoy a hybrid work model, modern office amenities, and a focus on health and well-being.
- Why this job: Join a dynamic team that values innovation and offers opportunities for personal growth.
- Qualifications: Experience in Fund Administration and strong IT skills are essential.
- Other info: Diversity and inclusion are key; all applicants are encouraged to apply.
The predicted salary is between 36000 - 60000 £ per year.
The Value of Active Minds
About Jupiter
Jupiter is one of the UK's leading investment management companies with over 500 employees and £51.3 billion worth of assets under management (as at 30th June 2024). Jupiter provides investment services to individual and institutional investors through mutual funds (UK unit trusts, Luxembourg SICAVs and Dublin OEICs), separately managed accounts and sub-advised funds. Jupiter has experienced a period of international growth with offices open in EMEA and APAC.
The majority of our employees are based in our London office located just minutes from Victoria station which provides stair-free access from both the Underground's Victoria line and Rail platforms, as well as limited road crossings to the Jupiter office. Our London office was designed to encourage employees to live active, healthy lives with floor-to-ceiling windows that allow for greater natural light and the benefit of a private balcony, table tennis room, cycle storage and on-site shower and locker facilities. The short distance to Green Park and St James' Park also provides employees with a natural space to relax during their lunch break and a healthy alternative to office-based meetings.
We offer our UK employees a 3:2 hybrid working arrangement where Tuesdays, Thursdays and a third day of your choice are worked from the office. The other two days may be worked from home. This facilitates collaboration and allows employees to maximise productivity whilst maintaining a healthy work/life balance.
Background
In this role you will support the Fund Operations team in the oversight of all NAV administration services provided by Jupiter's strategic partners across several fund structures, including Unit Trusts, OEICS, SICAVs and Investment Trusts. The team plays a critical role in overseeing the provision of services by its Administrators and for ensuring the associated risk and governance frameworks meet regulatory and internal standards. You will also support the Fund Accounting & Fund Reporting teams in all NAV control activities across Jupiter's fund ranges to a high standard, applying appropriate challenge and escalation as required.
Key Responsibilities
- Investigating, resolving, and responding to valuation related queries in a timely manner.
- Daily valuations, analysing exceptions and escalating appropriately.
- Daily fair value and swing pricing adjustments.
- Calculations, accruals, subsidies and third-party invoices.
- Ongoing charges, yields and portfolio turnover rates.
- Distribution and performance calculations.
- Monitoring cash, stock, and derivatives reconciliations.
- Always follow approved documentation and templates in fulfilling day-to-day responsibilities, identifying and escalating any potential risks or required updates to colleagues for discussion.
- Support the wider team in ongoing critical reviews of the operating model and associated policies, identifying potential opportunities for automation or greater efficiency and ensuring consistency with best practice and regulatory guidelines.
- Develop a good understanding of the upstream and downstream processes performed by Investment Operations and Transfer Agency, which should help to ensure that any associated risks are identified and managed appropriately.
- Foster a close relationship with internal stakeholders, particularly the Investment teams, ensuring Fund Accounting processes that impact other parts of the business are fully understood and managed appropriately.
Desired Skills / Experience
- Experience of working in a Fund Administration role essential.
- Detailed working knowledge of Unit Trust, Investment Trust and SICAV fund processes and UK / Luxembourg / Ireland regulations.
- Ability to investigate issues and proactively problem solve.
- Excellent written and verbal communication skills.
- Ability to interact confidently with colleagues and management.
- Strong accuracy and attention to detail essential.
- A flexible and team orientated approach to work.
- Strong general IT skills, including a sound working knowledge of Word, Excel and Bloomberg.
This role is subject to the Conduct Rules set by the FCA.
Don't meet every requirement? At Jupiter we are dedicated to building a diverse and inclusive workplace, so if you are interested in this role, but don't think your experience aligns perfectly with every listed requirement in the job description, we would encourage you to apply. You may be the right person for this role.
Fund Operations Analyst - Jupiter Asset Management Ltd employer: ZipRecruiter
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StudySmarter Expert Advice 🤫
We think this is how you could land Fund Operations Analyst - Jupiter Asset Management Ltd
✨Tip Number 1
Familiarise yourself with the specific fund structures mentioned in the job description, such as Unit Trusts, OEICs, and SICAVs. Understanding these will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the fund administration sector, especially those who have experience with Jupiter or similar companies. Engaging in conversations can provide insights into the company culture and expectations, which can be invaluable during your application process.
✨Tip Number 3
Brush up on your knowledge of UK, Luxembourg, and Ireland regulations related to fund management. Being well-versed in these regulations will set you apart as a candidate who is prepared and knowledgeable about the industry standards.
✨Tip Number 4
Prepare to discuss your problem-solving skills and provide examples of how you've handled valuation-related queries in the past. This will showcase your ability to think critically and act decisively, which is crucial for the Fund Operations Analyst role.
We think you need these skills to ace Fund Operations Analyst - Jupiter Asset Management Ltd
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Fund Operations Analyst position. Understand the key responsibilities and desired skills, as this will help you tailor your application to highlight relevant experiences.
Tailor Your CV: Customise your CV to reflect your experience in fund administration and knowledge of Unit Trusts, Investment Trusts, and SICAV processes. Use specific examples that demonstrate your problem-solving abilities and attention to detail, which are crucial for this role.
Craft a Compelling Cover Letter: Write a cover letter that not only expresses your interest in the position but also showcases your understanding of Jupiter Asset Management's values and how your skills align with their needs. Mention your ability to work collaboratively and your proactive approach to problem-solving.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is essential for the Fund Operations Analyst role.
How to prepare for a job interview at ZipRecruiter
✨Know Your Funds
Make sure you have a solid understanding of the different fund structures mentioned in the job description, such as Unit Trusts, OEICs, and SICAVs. Being able to discuss these confidently will show your expertise and interest in the role.
✨Demonstrate Problem-Solving Skills
Prepare examples from your past experience where you've successfully investigated and resolved valuation-related queries or other issues. This will highlight your proactive approach and ability to handle challenges effectively.
✨Communicate Clearly
Since excellent written and verbal communication skills are essential for this role, practice articulating your thoughts clearly. You might want to prepare answers to common interview questions that require you to explain complex concepts simply.
✨Show Team Spirit
Jupiter values a flexible and team-oriented approach. Be ready to discuss how you've collaborated with colleagues in previous roles and how you can foster strong relationships with internal stakeholders in this position.