Operations Client Service, Srassc
2 days ago
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To perform the Asset Allocation function, ensuring all inputs received and applied to the calculation tools in the correct order and to strict deadline, to enable market deals and downstream, accounting entries to be
processed.
To perform all ancillary tasks associated with the Asset Allocation services - creation of new money posting entries and Investment Manager advices, allocation of surplus cash, creation of valuation basis for
current day Net Asset Value calculations.
Job
**Responsibilities**:
- Perform either preparation or review of Asset Allocation process, ensuring ‘4-eyes’ principles in preparation and review adhered to at all times
- Perform either preparation or review of ancillary processes associated to Asset Allocation.
- Ensure any changes to underlying rules are acknowledged, understood, and applied to Asset Allocation and ancillary task tools in a timely manner.
- Ensure timely and accurate completion of team checklists and QC as required. Exhibits highly detailed understanding of the controls within production; understand the downstream effects of decisions on the underlying funds.
- Ensure internal & external deliverables issued accurately and on time, in line with any internal and external agreements.
- Proactively share new ideas to support process improvements and changes to team processes
- Actively participate in your own self-development by suggesting courses and job priorities
Query resolution
- Ensure effective logging and resolution of enquires and liaise with appropriate parties to resolve/ escalate queries/ problems within agreed timescales
- Document all near misses and provide feedback and support to our governance team on Centres of Excellence and shared services
Participation in internal meetings
- Build strong relationships with COE’s and collate relevant management information for service review meetings
- Participate in shared service calls
Managing core activities and risk
- Manage applicable laws and regulatory requirements and conform with the ‘risk’ escalation chain
- Identify, report and escalate service level issues to higher management
- Demonstrate strong risk awareness, taking steps to reduce State Streets exposure to risk
To be successful in this role, your experience should include:
Knowledge & Skills Required
- End to end understanding and experience of fund administration, pricing and the industry is essential
- Completion and review of all pricing and client deliverables
- Demonstrate full understanding of pricing specific regulations
Required Competencies
- Flexible and positive attitude
- Team player
- Ability to work under pressure
- Attention to detail
- Good communication skills
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