Assistant Manager

Position Purpose

The purpose of the role is to lead the Client implementation operational team in managing BAU activities in the space of various transition events such as Portfolio setup, Portfolio closure, Portfolio restructure, onboarding, off boarding of clients etc within Middle office.

The role would suit someone with overall understanding of Capital markets and hands on experience in Middle office / Custody operations with a strong understanding of third-party investment manager, client and custodian requirements. Fund accounting experience would also be highly beneficial.

Commitment, engagement and collaboration with a good understanding of project management principles are required to deliver a professional service, in a quality manner by building and maintaining a continuous service program that supports the business and enhances its responsiveness whilst protecting our existing business requirements through effective scope management.

Responsibilities

Direct Responsibilities

An SME in performing various client implementation activities such as Portfolio setup, Portfolio closure, Portfolio restructure, onboarding, off boarding to the underlying Asset Manager clients.

Ensure appropriate levels of governance are applied to all implementation activities.

Undertake and / or oversee appropriate transition execution monitoring and checking.

Maintain required transition records for reporting and audit trail purposes.

Ensure KPIs and KRIs of the team are met and in line to SLA standards.

Ensure all stock / cash movements are completed as per the agreed transition timelines.

Ensure to support the team as a validator / controller as required in BAU.

Ensure preliminary analysis is performed for the transition / project activities and to highlight any issues to managers / onshore transition managers.

Ensure eye to detail in managing various activities within the process.

Should participate in all the stakeholders meeting and ensure complete understanding of the project as per the client requirement.

Develop and maintain strong working relationships across internal stakeholders i.e. All teams within Middle Office, Transition Manager/ SPOKE team, Fund Accounting, UUT, Registry, Performance, Custody and MFS (depending on product coverage of the implementation), Client Service Managers, Legal, Credit, Product, Audit, Compliance, Risk, IT, Regulators, Custodians, Trustees, Fund Managers, etc.

Ensure the skill matrix and training plans are upto date for self and team (where applicable)

Ensure periodic review of procedures, checklist etc are carried out and changes incorporated as required.

Contributing Responsibilities

Proactive in managing risk and Incident management and adhere to appropriate escalation processes to escalate, for example, resource issues, delayed project phases, missed deadlines and other planning issues.

Act as a SPOC for audit and other assignments for the team

Contribute towards process enhancements to bring in operational efficiencies.

Develop a strong understanding of all upstream and downstream processes, systems and stakeholders involved.

Ensure effective communication to all the parties involved.

To follow escalation protocols to managers, senior stakeholders on all critical topics within the process

Ensure to be a backup for the managers of the team where required.

Willingness to take on other duties as assigned by the manager.

Technical Behavioral Competencies

Demonstrated knowledge on Capital markets and trade life cycle.

Working knowledge and a subject matter expert in Middle office / Custody operations within Equities, Fixed income, FX, Corp actions etc.

Hands on experience in new fund setups, fund closure, transition activities etc within similar domain. Fund accounting (and preferably HiPort) experience would also be highly beneficial.

Demonstrated knowledge on transition related activities linked to to Asset owner / Asset manager clients.

Ability to work as part of a team of problem solvers, helping to solve complex transitions from strategy to execution in performing various client implementation activities.

Ability to identify and make proactive suggestions for improvements before problems and/or opportunities arise.

In dept knowledge on KPIs/KRIs and ensure KPIs/KRIs of the team are met and in line to SLA standards.

Ability to conduct risk awareness session with team periodically as team should be made aware of past incidents, internal errors etc to ensure to avoid repetitive errors.

Solid experience in doing periodic review of procedures, checklist, SLA, BCP and BIA documents etc and proven knowledge in handing amendments if any.

Must have solid experience in Microsoft Office tools, in particular Excel and PowerPoint to enable analysis and presentation building.

Collaborative mindset and an excellent team player with a zeal to learn new things.

Ability to influence decision making throughout various organizational levels.

Communicates effectively with diverse groups and individuals across different locations including within the team, onshore partners, project team, managers etc.

Ability to understand, explain and support change.

Ability to inspire and engage others.

Ability to set up relevant performance indicators.

Specific Qualifications (if required)

Accounting/Finance/Economics or Financial Services Related Degree

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Personal Impact / Ability to influence

Organizational skills

Communication skills - oral written

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Ability to manage a project

Analytical Ability

Ability to anticipate business / strategic evolution

Ability to manage / facilitate a meeting, seminar, committee, training

Education Level:

Master Degree or equivalent

Experience Level

At least 7 years

Other/Specific Qualifications (if required)