Job description
Newton Investment Management Group is a global investment management firm, providing investment services to clients around the world, including pension funds, sovereign wealth funds, charities, insurance companies and, via its parent company BNY Mellon, individuals. Its current office locations are London, Boston, New York, San Francisco, and Tokyo. Our purpose at Newton is – and has been since our founding in 1978 – to improve people’s lives through active, multi-dimensional and engaged investment which delivers attractive outcomes to our clients and helps foster a healthy and vibrant world for all. We have client assets under management of £83.4bn (as at 31.12.22). The successful candidate will join Newton as a member of the Investment Risk Team. The team sits in the Risk & Compliance business area, reporting into the Chief Risk Officer. The Investment Risk team is responsible for the independent oversight and escalation of investment risks across all Newton investment strategies. The team works to ensure that all risks taken within client portfolios are appropriate, consistent with the investment process and constructed in order to meet client expectations. This role provides an excellent introduction to investment management and the financial services industry and a chance to gain insight into how an investment management firm operates. It is an opportunity to build strong commercial, operational, risk management and regulatory knowledge, and to develop effective analytical and communication skills.
Key Responsibilities:
Provide junior administrator support to the team ensuring that all allocated work and incoming issues are dealt with without risk to the company, in an efficient manner, and to the satisfaction of all internal and external clients.
Examples of team responsibilities the successful candidate is likely to be involved in are:
- Administration and validation of investment risk reporting and analytical systems.
- Analysis of portfolios, including the provision of accurate and timely data and analysis in response to analyst queries
- Administration and provision of data required for analysis and discussion at the Investment Risk weekly team meeting
- Supporting the team’s interactions with Newton’s Information Technology department
Other general responsibilities will include:
- Collaboration with other team/department members to support a continuous process improvement approach, and to contribute to key business strategic projects and initiatives. Maintenance of effective team checklists and procedure documents.
- Administration of meetings e.g., manage team diaries, prepare meeting packs, produce meeting notes and minutes. Attendance at meetings (internal and external) on behalf of the team when required. Support the team to maintain effective relationships with other
Newton and BNY Mellon areas.
- Input into audit and control processes (external audits, regulatory audits, internal audits and compliance monitoring) on behalf of the team and other business areas, as required.
- Production of Management Information data, reports and analysis on behalf of the team.
- Oversight of any team task that is being performed by a vendor (Outsourced Function Provider, Third Party Service Provider or Inter-Affiliate service), including undertaking the task during business continuity events or tests.
The ideal candidate can be described as follows:
- Works collaboratively with others and builds good working relationships.
- Has effective communication skills. Actively listens and checks own, and others’, understanding. Produces excellent written work.
- Is organised and works with a sense of urgency and ownership. Shows tenacity to accomplish goals despite setbacks and obstacles.
- Displays attention to detail. Can be trusted to complete accurate work within an appropriate timeframe.
- Has a self-motivated and hands-on approach. Displays intellectual curiosity and seeks out learning and development opportunities.
- Displays a flexible and adaptable approach. Is open-minded and supportive of change. Will make any extra effort required in order to deliver on goals.
- Tackles problem solving proactively and with confidence and positivity. Remains calm under pressure.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.
Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.