Equity & Bond Trade Support Analyst

Job Description

12 Month Fixed Term Contract

At aberdeen, our ambition is to be the UK’s leading Wealth & Investments group.

Strengthening talent and culture is one of our strategic priorities. We strive to make Aberdeen a great place to work so that we can attract and retain the industry’s best talent. Our people put our stakeholders at the heart of everything they do by helping us to make a positive difference to the lives of our clients, customers, colleagues, shareholders and society.

We are focused on growing our direct and advised wealth platforms and repositioning our specialist asset management business to meet client demand. We are committed to providing excellent client service, supported by leading technology and talent.

Aberdeen comprises three businesses, interactive investor (ii), Investments and Adviser, each of which focuses on meeting and adapting to our clients’ evolving needs:

• interactive investor, the UK’s second largest direct-to-consumer investment platform, enables individuals in the UK to plan, save and invest in the way that works for them.

• Our Adviser business provides financial planning solutions and technology for UK financial advisers, enabling them to create value for their customers.

• Our Investments business is a specialist asset manager that focuses on areas where we have both strength and scale to capitalise on the key themes shaping the market, through either public markets or alternative asset classes.

About the role

The Equity and Bond Trade (EBT) Support team delivers key service functions to EBT Flow Oversight Services, Reconciliation Services and Voluntary Corporate Action Services.

The primary focus of this role is to align across all three functions. The EBT Support Analyst will work closely with the wider team and has responsibility for key results, including:

• Trade confirmation & settlements exceptions oversight and real time resolution

• Liaison with outsourced suppliers, brokers, middle office functions as well as key internal stake holders to support our global operations trade flow

• Voluntary Corporate actions event oversight, election solicitation and processing

• Delivering exceptional service in the day to day processes, handling complicated queries and enhancing the can-do reputation of the team

• Act as an operations critical issue contact across our service functions, collaborating closely with key supplier teams and operations relationship management to supervise resolution to exceptions

Key Responsibilities:

Trade Confirmation and Settlement Oversight

• Oversee equity & bond trade confirmation & settlement exceptions, supporting key internal and external stake holders to deliver real time resolutions, within market timelines

• Regularly check STP trading system and ensure 100% successful delivery of accurate trade data to our third party suppliers, collaborating closely with platform teams and suppliers to rectify any issues identified in the exceptions process

• Provide support and facilitation of instructing manual private trades, including infrastructure debt, under writings and placing of shares, including liaison with brokers, counterparties and middle office regarding institutional events

• Investigate and resolve ad hoc complicated queries for a variety of stake holders, including dealers, investment managers, third party providers, high tier clients, and internal operational teams

• Conduct detailed analysis of key supplier MI for confirmations and settlements volumes, STP rates, using trend analysis to identify root cause and implement any operational improvements

Stock Reconciliation Oversight

• Post trade settlement oversight and IBOR, IBOR-to-ABOR stock reconciliations

• Conduct regular detailed analysis of supplier stock reconciliation breaks MI to identify cause of breaks and facilitate resolution

• Initiate and coordinate improvements in these processes by proactively working with suppliers and stake holders to reduce volumes and eliminate failures

• Generate MI for high tier stake holder and client reporting

Corporate Actions Processing and Oversight

• Oversee multiple live voluntary events requiring election solicitation across ASI funds, ensuring timely & accurate processing within market timelines

• Liaise with front office stake holders to facilitate elections on all voluntary events, utilising electronic corporate actions platform eTRAN

• Consult in respect of market events, using market knowledge and contact support network to assist stake holders where required

• Oversee class actions, ensuring they are dealt with in timely and accurate manner

Controls and Analysis

• Identify controls and conduct detailed analysis to identify and implement operational improvements across service functions

• Utilise market, industry and company knowledge to solve complicated queries

• Provide operational input and knowledge into projects on behalf of the team

About the candidate

• Extensive Investment Operations experience ideally in similar Back and Middle Office roles relating to Trade flow, confirmations and stock settlements.

• Relevant investment administration qualification (e.g. IOC/IMC) / or significant Investment Operations experience desirable

• Solid understanding of reconciliations processes and requirements

• Proven experience in the Investment Operations sector.

• Strong working knowledge of outsourced Third Party functions, with experience in market-facing roles or business change/trade oversight teams.

• Good understanding of Global Custodian services.

Our benefits

There's more to working life than coming home with a good salary. We have an environment where you can learn, get involved and be supported.

When you join us, your reward will be one of the best around. This includes 40 days’ annual leave, a 16% employer pension contribution, a discretionary performance based bonus (where applicable), private healthcare and a range of flexible benefits – including gym discounts, season ticket loans and access to an employee discount portal. You can read more about our benefits here.

Our business

Enabling our clients to be better investors drives everything we do. Our business is structured around three distinct areas – our vectors of growth – focused on our clients’ changing needs. You can find out more about what we do here.

We’re committed to providing an inclusive workplace where all forms of difference are valued and which is free from any form of unfair or unlawful treatment.  We define diversity in its broadest sense – this includes but is not limited to our diversity of educational and professional backgrounds, experience, cognitive and neurodiversity, age, gender, gender identity, sexual orientation, disability, religion or belief and ethnicity and geographical provenance.  We support a culture that values meritocracy, fairness and transparency and welcomes enquiries from everyone.

If you need assistance or an adjustment due to a disability please let us know as part of your application and we will assist.