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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 Global Counterparty Relationships team. The team sits in the Global Research department reporting into the Chief Investment Officer. The Global Counterparty Relationships team is a support function to the global investment team. The team plays a key role in the investment process by managing all aspects of the provision of external investment research and provider relationships for Newton globally, and acting as the escalation point for all issues related to research providers, execution brokers and operations (together ‘counterparties’) firmwide. The team manages the research evaluation process, negotiates research service agreements, provides guidance to the investment team on permissible use of external research and research sharing across regions and oversees research provider trials. The team functions as the go-between of the internal and external stakeholder relationships and is a key function for the smooth running of the firm’s investment process. It is a small and sometimes fast-paced team. This role plays a key role in the investment process and 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 analyst 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:

• Manage the firm’s database of investment research, corporate access interactions and research evaluation tool
• Ensuring the configuration of the system is in-line with the firm’s External Research Policy and making any necessary updates to reflect changes to regulations, Newton policy and related procedures
• Support business users (Research Analysts and Portfolio Managers) during periodic research evaluations and provide relevant training of the research evaluation platform
• Communication and distribution of research evaluation results and administer payments
• Oversee and reconcile the firm’s corporate access consumption and administer payments
• Manage day-to-day and ad hoc counterparty relationship management requests
• Responding to queries related to the firm’s research evaluation process or other aspects of the relationship as appropriate
• Liaising as necessary with front office personnel to provide actionable feedback to counterparties
• Relay regular communications to counterparties around changes to the investment team and processes as required
• Maintenance and distribution of internal management information about counterparty relationships
• Preparation and analysis of data for use in decision making and Management Information packs which report into various internal committees
• Liaising with internal stakeholders to update counterparty status dashboards
• Preparing and circulating reports on the data analysis relating to consumption and evaluation of investment research
• Responding to requests for information from front office personnel on usage of investment research Internal Junior Analyst- Counterparty Relationships
• Maintaining records of key counterparty information, including contact details and legal documentation
• Administrative support and responsibilities
• Compiling and distributing supporting documentation in support of periodic service review meetings with counterparties
• Documenting meeting minutes
• Assist in the management of Newton’s research budget
• Administer and oversee research entitlements on research aggregation platforms
• Co-ordinate incoming KYC requests and liaise with relevant teams
• Maintain and update team desk procedures and policies, training packs and other key team documentation

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.