Custody Control Analyst London (GB)

LGT Wealth Management UK LLP is a UK-based partnership, wholly owned by the private banking group LGT, which is in turn owned by the Princely Family of Liechtenstein. When we set up LGT Wealth Management in 2008, our aim was to offer a fresh approach to wealth management. Alongside the LLP we also have two other entities which focus on US and Jersey based clients. Our head office is based in London however we have a presence in Edinburgh, Jersey, Leeds, Birmingham and Bristol. The plan was simple: put our clients first by providing a transparent service, designed around what is right for each of them. By drawing together in-depth knowledge and experience from across the industry, we provide a flexible, bespoke service adapted to each of our clients’ needs.
Our mission is to create long-term value for all stakeholders. Our culture encourages individuals to generate, develop and implement ideas which will strengthen our business. Belonging, respect, integrity, conviction and entrepreneurship are our core values. As our brand recognition grows, we are fast becoming an employer of choice in our sector. We have over £29 billion in funds under management and circa 700 staff.

Business Unit

The Custody Services business unit comprises a number of teams:  Trade Support, Corporate Actions, Reconciliations, Data Management and Custody Control. Custody Services is the engine room of the Firm providing a wide range of support and service for the Investment Managers, their teams and their Clients.

Brief Role Objective

• Produce daily client money and asset reconciliations (both internal and external) and ensure outstanding items are monitored and escalated appropriately
• Create and perform monthly directly held asset reconciliations
• Perform bi-annual certificated holdings reconciliations
• Provide testing and project support for the Autorek upgrade project
• Cover for the existing Reconciliations Team during annual leave and sickness
• Support the Stock File team by covering daily pricing tasks
• Assist with all audit-related activities (Assurance and CASS)

Key Responsibilities:

• Reconciliation of client money and assets using the Autorek platform
• Production of daily Client Money Requirement and reporting.
• Ensure all reconciliation breaks are resolved promptly and maintain a comprehensive audit trail for outstanding items.
• Ensure compliance with CASS regulations for all asset and cash reconciliations.
• Review and update task and checklists in Ruleguard
• Develop and produce MI reporting.
• Assist in testing and implementing the Autorek V6 upgrade for client money reconciliations.
• Provide cover on the daily pricing process to support the Stock File function
• Support various projects across the business to ensure reconciliation and custody control needs are met.

Experience, skills and competencies:

• Excellent reconciliations experience (both cash and stock).
• Demonstrable knowledge of both CASS 6 and 7 regulatory requirements
• Strong numeracy and analytical skills.
• Demonstrable knowledge of UK wealth management, gained in a similar role.
• Good knowledge of investment products.
• A creative, proactive and innovative approach to problem solving.
• Excellent organisation skills. Ability to identify/propose process improvements.
• Proactive and flexible approach
• Excellent team player but capable of organising own workload.
• Good communication skills, both written and verbal

IT: 

Essential:

• PC/Microsoft Office literate

Desirable

• Experience of FNZ Wealth Asset Management platform Figaro
• Experience of Autorek