ISA & Asset Transfers Analyst – 6 months FTC 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 Team comprises of 33 staff and provides a wide range of essential support services for the Firm’s Investment/Wealth Asset Managers, their teams, and their Clients. It is made up of several teams – Trade Support (made up of Settlements, Transfers and Treasury teams), Data Management, Corporate Actions and Tax and Operations Control.

Within the Custody Services Unit the Transfers Team manages all aspects of the client transfer in/out process for all product types. They also manage the ISA/JISA on boarding and subscription process with plan managers. 

Brief Role Objective:

 The main responsibilities of this role involve:

• Provide support where necessary for all aspects of the transfer of client accounts in and out of the firm ensuring transfers take place in a timely and accurate manner.
• Track/monitor progress of transferring activity and liaise with other stakeholders/firms/counterparties as necessary, to resolve issues and delays as they may arise.
• Enable the Front Office to commence the management of client assets as soon as possible by facilitating the processing of transfers / ISA subscriptions in an efficient & timely manner

Key Responsibilities:

• Arranging the transfer in and out of client assets and ISA subscriptions ensuring client's portfolio records correctly reflect the assets transferred within the firm’s systems.
• Work closely with Settlements and the Clients Services Team in order to ensure that the records in respect of transferred accounts are compliant with the processes necessary to ensure the accuracy of valuations, tax and performance measurement calculations and closure requirements.
• Liaise with Front Office in order to keep them informed of the progress of transfers and ISA subscriptions
• Assist in recording, collating and distribution of key management information
• Work alongside/support the Transfers Manager on a day-to-day basis taking on additional responsibilities where required
• Assist in/provide input to the implementation of technology/systems changes as necessary
• Work on Figaro upgrades & patches as they arise ensuring new/changing Transfers and ISA functionality is properly understood and tested.
• Ensure procedures/policy documents are in place for all key activities and that they reviewed on a periodic basis
• Work with the team to develop ways to improve processes and procedures where appropriate.
• Ad-hoc issue troubleshooting/problem solving

Key Skills and Competency Requirements:

• Strong Asset transfer experience with a UK Wealth Manager or Stockbroker.
• Strong ISA experience/knowledge including HMRC returns
• Good team player but capable of organising own workload.
• Good communication skills, both written and verbal.
• Strong numeracy and analytical skills.
• A creative and proactive approach to problem solving
• Strong organisation skills. Ability to identify/propose process improvements.
• Self-motivation.

IT:

• Essential: PC/Microsoft Office literate
• Desirable: Experience of FNZ Wealth Asset Management platform Figaro
• Desirable: Salesforce system experience