Purpose
The main purpose of this role is to process monthly client fees and adviser ongoing payments, which currently run to c.£10m per month. We are looking for someone with operational experience gained within the investment industry, who can bring a fresh perspective to our processes and help to implement efficiencies where appropriate. This is a role within the Operations team.
Responsibilities
Fees
- Monthly checking and adjustments of fee and ongoing payment set ups on in-house system
- Calculation, preparation and payment of any adjustments required to fees and ongoing payments
- Preparing monthly ongoing payments to Advisers using in house system, Excel spreadsheets and banking software
- Payment posting on General Ledger system and monthly balance sheet reconciliations for all of the above
- Liaising with other business areas to manage outstanding fees due to 7iM and Advisers
- Debit interest processing
- Processing of initial and adhoc payments
- Processing monthly dealing commission
- Provide cover for other areas within the team during absence
Other
- Provide clear and accurate reports to Line Manager relating to data capture progress and missing information
- Monitoring and responding to internal and external queries via email and workflow systems
- Build good and lasting relationships with clients (internal and external) and understand their motivations
- Adhere to 7IM procedures and policies
- Treat clients (internal and external) and colleagues fairly and adhere to the 7IM mission and tenets
- Assist in the production of weekly and monthly MI
- Ad hoc projects as required
- System and regression testing
- Other responsibilities as reasonably required by line manager