Nominees and ISA Administrator London, England
Job description
Sophisticated Recruitment are working with an investment manager in London to find a new Nominees and ISA Administrator. The salary is £25k - £30k with a hybrid work pattern in place.
The main purpose of the role is to organise and process the transfer of client portfolios between external and internal parties. To process ISA/JISA/CTF Subscriptions to client accounts and ensure all cash items are reconciled and maintained ahead of HMRC reporting.
Key Responsibilities
Liaising with Market Counterparties to Transfer Client Portfolios held in GIA, ISA, JISA, CTF, SIPP & Structured Products
Accurately entering and maintaining records on Internal Systems
Dealing with enquiries from Investment Managers and liaising with Custodians to provide updates on transfers
Accurately record and provide regular Stats to Line Manager
Processing Internal account stock movements including Intra-Spouse Gifts, Deceased Estates, APS & CGT liable Transfers
Monitor failed Reportable Transfers and ensure they are fixed and reinstructed in accordance with MIFID II requirements
Handling certificates and other paper-based Re-registrations, including Dematerialisations and Stock Withdrawals (both UK & Overseas)
Processing New ISA/JISA & CTF Subscriptions
Handling email traffic and telephone queries from both Internal & External sources
Run and distribute Tax Addendums and Managed Packs
Drafting of departmental procedures and ongoing ownership of those procedures
Challenge existing processes and recommend and implement changes, resulting in improving service quality, process efficiency and reduction in risk
Participation in key departmental projects and undertake any additional Operational tasks when requested by the Line Manager/Senior Management
Education & Experience
Knowledge and Experience in Investment Operations, nominees, ISA, JISA, CTF is essential
Knowledge of and interest in investment and investment products is essential
Extensive computer skills, MS Office suites, Google suites
Person Specification
Self-starter with a dynamic, proactive and "can do” attitude
Strong written and verbal communicator both formally and informally
Confident and approachable
Highly organised with a strong attention to detail, with particular focus on accuracy and numeracy ability
Be able to work effectively during pressure periods while prioritising and multi-tasking
Ability to react to events decisively and effectively and suggest innovative solutions to problems
