Senior Fund Services 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.

Brief Role Objective:

The role holder will support the Fund Services Manager in the set up of new investment products, particularly fund structures, as well as the creation of new sub-funds within an existing UCITS structure for both on and offshore funds. Knowledge of the creation and distribution of supporting documentation and data surrounding Funds is required. Working knowledge of hedged share classes and subsequent administration is desirable. An understanding of Globally Registered Funds and the various requirements within various jurisdictions would be an advantage.

Key Responsibilities:

• Product Development:
  • Drive new product development and build-out of new investment capabilities, ensuring our initiatives are delivered on schedule and within scope
  • Lead feasibility analysis of newly proposed products by partnering with key stakeholders to identify critical components of the delivery and time to market
  • Develop and manage project plans and updates for senior management
  • Coordinate legal, compliance, distribution and operational workstreams for new product launches
  • Drive the launch of any product changes such as new share class launches, registration in new countries.
• Global Fund Registration: Work with suitable third parties to coordinate the registration of offshore funds in jurisdictions across the globe.
• Regulatory Reporting: Coordinate and oversee the fund’s regulatory reporting, particularly around PRIIPS KID and UCITs KIID production, transaction cost calculations, EMT/EPT/EET, Assessment of Value.
• Coordinate the provision of static and dynamic data to platforms and vendors for the firm’s fund range.
• Commercial: Managing the fund’s invoicing and build in depth understanding of each funds financial set up.
• Make recommendations to re-engineer process flows working with trading desks, middle and back-office operations and technology
• Create partnerships with various teams including Portfolio Management teams, Legal & Compliance, Risk, Marketing, Technology & Operations, Finance, and Business
• Coordinate across lines of business to ensure we have a unified message and launch timeframe
• Production and maintenance of policies, procedures and workflows relating to the creation and day to day maintenance of fund management

IT:

• PC Literate
• Excellent Microsoft product skills, especially Excel

Technical Requirements:

• In-depth understanding fund life cycle including launching of funds and ongoing administration
• Working knowledge of hedged share classes desirable
• In-depth understanding of regulatory documentation including KIDs/KIIDs, Prospectuses and Fund Supplements
• Understanding of UCITs rules applied to UK and EU based funds
• Experience of global fund registrations
• Knowledge of Global Tax Reporting advantageous
• Solid understanding of Wealth Management services and the industry as a whole gained through 5+ years experience
• Understanding of the trade lifecycle and associated areas within investment operations
• Excellent communication skills to manage internal and external relationships
• Capacity and willingness to develop knowledge across a variety of products and services to perform the role to a competent standard.
• Technically minded with the ability to create new processes from scratch, such as analysis on service profitability and reconciliation processes.

Other skills, competencies and attributes:

• Developed organizational and project management skills; demonstrate high level of detail orientation and can manage multiple initiatives simultaneously
• Outstanding analytical, problem solving and critical thinking skills; ability to synthetize and explain impacts of simple to complex concepts
• Demonstrated personal accountability to ensure that products are delivered on time with a high degree of quality
• Ability to generate new ideas/initiatives to promote efficiency or improve performance
• Exceptional communication skills, with the ability to present and promote ideas at all levels of the organization