Open Roles - Nottingham Nottingham, England
Job description
We are currently looking to expand our business in Nottingham (UK) to build upon the exceptional team that Waystone currently has in the UK. We’re looking for candidates for a wide variety of roles and departments. Find out more about joining our global and dynamic organisation with great opportunities for career development. Please see below an overview of the departments that we are hiring!
Investment Risk: Working within a European Risk desk with an ACD mandate and FCA regulatory knowledge base. Ensuring funds are compliant with their regulatory and prospectus limits. Measuring liquidity, leverage, VaR and performing stress testing and back testing. Performing pre-trade analysis of asset eligibility with the portfolio managers. Providing solutions for new funds being onboarded and working with stakeholders on implementation of regulatory change.
Delegate Oversight: Ensuring a robust oversight regime is in place. This will focus on undertaking initial and ongoing oversight on the delegates of funds: the investment manager, fund administrator and the fund distributor. The oversight is both long-form in terms of desk-top and on-site due diligence but also in the creation of effective challenge from a robust KPI programme of activity. The Delegate Oversight function requires someone with a risk-based mind-set to ensure focus is applied on the appropriate areas of challenge and an ability to simplify the output from their oversight work for the ACD board and other stakeholders.
Client Management: Client management is strategic and tactical thinking on behalf of the client. This requires the candidate to have a holistic understanding of the funds industry and be cognisant of upcoming challenges. The function requires someone to navigate Waystone on behalf of the client to ensure their interaction with Waystone is simplified and maximises the benefits of working with someone of the scale and reach of Waystone.
Transfer Agency Oversight: Acting as a gatekeeper for capital flows on funds. Working preemptively with distribution platforms and sponsors to ensure an optimal investor experience through their lifecycle. Ensuring client money accounts are reconciled daily and exceptions are escalated accordingly. Performing ongoing oversight on the Transfer Agent appointed to the fund.
Compliance: The discharge of an independent and robust 2nd line of defense control function with reporting line directly to the ACD board. A focus on AML climate, regulatory change, regulatory Policy design, implementation and evolution. Performing testing of the 1st line of defense through a compliance monitoring programme and mandatory training.
