Job Description
We are seeking an experienced Reconciliations, Banking & Corporate Actions Manager to oversee the day-to-day operations of the Reconciliations, Banking, and Corporate Actions teams. This role is key to successfully delivering our clients’ business model.
You’ll be focused on maximising the working relationship between the business and our clients/third parties. The role holder must be able to assimilate the complexity of the business proposition and have a sound understanding of the regulatory framework required to run the teams.
* Location Hybrid/Bath (2 days in office)
* Rate Up to £60,000 pa
* Hours Standard Business Hours
* Start ASAP
* Duration Permanent
Responsibilities
* Daily internal and external client money reconciliations & investigation.
* Regulatory returns & claims, nominee and Investment Manager payment processing.
* Manage the end-to-end cheque processing and banking.
* Process and monitor corporate actions and administer distribution processing.
* Calculate and process cash interest processing.
* Manage the teams to achieve effective workflows, contributing towards an efficient execution of responsibilities.
* Work with the departmental management teams to maintain a collaborative approach in achieving the departmental service level agreements (SLAs) and key performance indicators (KPIs).
* Responsible for Team Leader development through structured one-to-one sessions, appraisals and individual training and development plans.
* Remain up to date on all relevant external regulatory requirements and internal processes to ensure that all team procedures remain accurate and approved.
* Handle any escalated enquiries and complaints, liaising with the appropriate colleagues to achieve resolution.
* Demonstrate flexibility during periods of high workloads and aid other services when required.
* Support the business with user acceptance testing and disaster recovery cycles, as directed.
* Achieve and actively maintain own skills and knowledge to adhere to the Training and Competency framework.
* Ensure that the risk management process is promoted, supported, managed, and implemented effectively within the team. Liaise with the Risk Team to help identify and manage risk effectively.
* Working with the team and other Line Managers to define, manage and continually improve the team and business processes.
* Coach and inspire to develop staff so that they can grow in line with aspirations of the business.
* Involvement in recruitment activities as directed.
* You will, from time to time, be required to undertake other activities that fall within your capabilities as directed by management.
Essential Skills & Experience Required
* Must have strong CASS knowledge, in particular CASS 6 and 7
* Must have Custody Reconciliations experience
* Must have proven previous Management/Team Leader experience
* Experience working within a wrap platform/investment company or similar role.
* Good understanding of investments, investment products and wrap platforms.
* Proven previous management experience.
* Excellent drive displayed, with the ability to work unsupervised and under own initiative.
* Excellent interpersonal, organisation and communication skills.
* Ability to work well under pressure and to tight deadlines.
* In depth financial services experience.