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Fund Manager Assistant (Multi-Asset)/Dealing Desk Assistant
M&G Investments Chicago, IL
$113k-151k (estimate)
Full Time | Retail 3 Weeks Ago
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M&G Investments is Hiring a Fund Manager Assistant (Multi-Asset)/Dealing Desk Assistant Near Chicago, IL

At M&G our purpose is to help people manage and grow their savings and investments, responsibly. As a business, we are continuing to take steps towards a sustainable future, delivering better long-term solutions for our customers and clients and identifying new opportunities to make a positive impact for our environment and communities. To help us achieve our vision we’re looking for exceptional people who live our values of care and integrity and who can inspire others; embrace change; deliver results and keep it simple. We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role. The Role: We are currently looking for a permanent hire to provide support to the Dealing Team within the Chicago based Fund Management team and also support our equity portfolio management team in the FMA role. The role is a demanding one in providing day to day support of dealing activities and equity team , requiring strong communication, coordination within the Front Office / Fund Managers and cooperation with multiple business areas within the organisation including settlements. The position supports, ‘first line’ activities are actioned by the desk in the DDA capacity or by the equity portfolio manager in the FMA role. The candidate will be working with the London DDA’s where appropriate, and all query resolution in respect of the dealing desk and processes within, as well as providing regular reporting for the Trade Execution Review Forums, Dealing Management Committee statistics as and when required, supporting local Regulatory Reporting and Audit or Due Diligence activities. Key Responsibilities Include: Dealing Desk Support; Help field all trade enquiries to and from the US based dealers and prioritise all dealing desk responses. Undertake ad hoc tasks as and when required (e.g. Review of execution rates with the dealers annually, complete any counterparty breach forms, confirmation of novation process and external stakeholder management / dealing relationships) Represent M&G Dealers and Fixed Income Dealing Team specifically at Operational or System related meetings as and when required Ensure that all local controls in respect of Oversight / Monitoring are carried out as required with a good understanding of relevant RCSA’s across the Front Office. Work with Dealing desk and FOO to regularly review and update all Dealing Procedures and associated control documents / regular discussions with the Settlements / DMT teams to resolve any issues / workflow enhancements Escalation and reporting of dealing errors where applicable to local C&A representatives. Work with the FI dealing desk and internal teams to improve processes, address required system enhancements, implement positive change where necessary and update procedures or “how too guides” accordingly. Desk related system knowledge and involvement with related upgrades or UAT, (ideally including OMS providers such as Aladdin, vendors like SurveilanceGrid and Tradeweb / MarketAxess). Fund Manager Support; Assist Portfolio Managers in trade booking and managing the overall blotter. Maintain accuracy throughout the trade life-cycle process and oversee cash balances. Contribute to automation and tooling initiatives to minimize risk and address gaps. Collaborate with stakeholders and portfolio managers to provide risk and attribution reporting. Ensure compliance with regulatory and fiduciary responsibilities through diligent measures Reporting/Oversight; Provision to the DMC / TERF’s of trading related information requirements and analysis Supporting the maintenance and evolution of Monitoring work across all asset classes Support of generation of Hit Ratio%’s / Counterparty Review Reporting both for quarterly / bi-annual counterparty meetings alongside RTS 28 report production, (e.g. Top 5 providers). Requirements and Ideal Experience Include: Knowledge of asset classes (Fixed Income and Derivatives, ideally some exposure to Equities). A good understanding of investment products and the asset management industry Bright, enthusiastic and proactive. Due to the nature of the role, a self-starter is essential Highly numerate, logical and analytical approach with an interest in dealing or fund management Able to work effectively under pressure, to tight deadlines with a high level of accuracy and attention to detail with good communication skills, both written and verbal, and able to liaise effectively with personnel at all levels Experience on a Fixed Income dealing desk or support related function a plus Experience with Equity portfolios or support related function a plus Knowledge of settlement processes and systems / breaks resolution a plus Previous experience or interest in execution quality / trading oversight and related MI production a plus Organised and able to prioritise appropriately with some previous exposure to SEC / CFTC regulations a plus Strong IT skills / interest with experience of using Bloomberg, Aladdin or other Order management / EMS systems very useful. Experience of managing complicated processes with a focus on risk reduction and controls We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality or disability we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks. M&G plc is an international savings and investments business, managing money for around 5 million retail customers and more than 800 institutional clients in 28 markets. As at 30 June 2022, we had £348.9 billion of assets under management and administration. Our purpose is to help people manage and grow their savings and investments, responsibly. With a heritage dating back more than 170 years, M&G plc has a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. We serve our savings and insurance customers under the Prudential brand in the UK and Europe, and under the M&G Investments brand for asset management clients globally.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Retail

SALARY

$113k-151k (estimate)

POST DATE

06/08/2024

EXPIRATION DATE

08/07/2024

WEBSITE

dishmandodge.net

HEADQUARTERS

SPOKANE VALLEY, WA

SIZE

25 - 50

FOUNDED

1995

CEO

MARLENE HOLLENBACK

REVENUE

$10M - $50M

INDUSTRY

Retail

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