Purpose
The main purpose of this role is to assist the Operations department of 7IM LLP. The candidate will work within Fund Oversight, aiding the Fund Analyst in data processing and Fees team which involves processing client fees and adviser ongoing payments of c.£10m per month. We are looking for someone with financial experience gained within the financial industry, who can bring a fresh perspective to our processes, identify inefficiencies and provide solutions. This role will be reporting into the Fund Analyst.
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
- Process outstanding fees for clients with money owed
- Manage the JIRA queue for team actions and queries
- Liaising with other business areas to manage outstanding fees due to 7iM and Advisers
- Provide cover for other areas within the team during absence
Funds
- Process expenses, fund rebates, withholding tax reclaims
- Assist in the review of annual and interim financial statements
- Monitor the Funds daily deals for breaches in tolerance
- Continuously improve the data functionality within the team
- 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