[Hiring] Manager - Alternative Asset Ops @M&G plc

Role Description

The key responsibilities of this position are to work within a team which is responsible for the processing, instructing, settlement and ongoing monitoring of Leveraged Loans and Private Debt transactions. The individual will be responsible for overseeing:

• To initiate, check and release all payments relating to trade settlement for loan and private asset transactions.
• Where necessary ensure that any new Standard Settlement Instructions are set up within systems so that payments can be made on time.
• To undertake Cash, Stock and Data reconciliations between Custodians, TPA’s, Aladdin and WSO.
• To ensure that all trade related Invoices are paid within designated timescales.
• Proactive in identifying and implementing process improvements.
• Escalation & communication of errors & resolution.
• Adherence to risk frameworks (RCSAs) ensuring appropriate process and procedures are in place and adhered to by all team members.
• Practical & technical knowledge of work, processes, and maintaining ability to carry out work in cases of crisis management and disaster recovery.
• Working closely with the Head of AAO and Management and Senior Leaders to provide ongoing improvement of the daily functions.
• To respond to both Internal and External queries in a timely manner.
• Maintenance of internal Alternative Asset Operations systems and assisting in the further development of said systems.
• Daily liaisons with the Alt Asset Ops (London) to address and resolve problems with underlying assets.
• Build relationships with agents, counterparts, Alt Asset Ops (London) and the relevant Front Office teams.

Qualifications

• Domain Expertise:
• Will be a process expert and own the operational delivery of the sub function.
• Through understanding of Investment Business is mandatory.
• Working expertise on multiple asset classes like Equity, Fixed Income, Derivative, Structure Products, Pvt Assets, Real Estate investments, etc.
• Experience using BlackRock Aladdin is a significant plus.
• Technical Expertise:
• Relevant technical certification on SQL and VB Script language.
• Through understanding of Bloomberg/ Reuters application usage.
• Microsoft Office (Excel, Word, PowerPoint etc) skills.
• Microsoft Power BI Apps.

Requirements

• Strong drive and delivery, committed to achieving results and delivering on time.
• Strong analytical thinking and a critical evaluator of information/issues.
• End to end ownership of the processes and issue resolution.
• Payments knowledge (swift).
• Ability to work to strict deadlines.
• Forward thinking and driven.
• Previous Managerial or Supervisory experience.
• An open/effective communication style.
• Excellent planning and organising skills.
• Excellent IT Skills of Microsoft Office, in particular Microsoft Excel.
• The ability to work under pressure from both internal and external clients.
• Must be able to “hit the ground running” in a high pressured environment.
• The ability and willingness to put in added time and effort in times of busy periods.

Experience

• Minimum of 5 to 7 years of working experience in Syndicate loan processing/ processing SWIFT payments/ Investments Operations Teams.
• Excellent level of accuracy and attention to detail.
• Minimum of 3/4 years’ experience within Investment Operations.
• Working Knowledge of WSO (Wall Street Office).
• Working Knowledge of Aladdin.
• Loan Documentation Knowledge.

Educational Qualification

• Degree level in Finance/ Mathematics/ Economics.
• Relevant IOC or Investment Management qualification / Certification would be desirable.
• Technical certifications like SQL and VB.