Senior Administrator Settlements and Reconciliations - Transfer Agency
On-siteChelmsford, England, United Kingdom
Job Summary
Monitor settlement of subscriptions, redemptions, switches, and distributions while ensuring instructions are transmitted accurately and within deadlines. Perform daily, weekly, and monthly cash, stock, shareholding, and control reconciliations, investigating breaks and escalating material discrepancies. Conduct root cause analysis on settlement failures and reconciliation exceptions, liaising with custodians, banks, and internal teams to resolve issues. Support fund launches, closures, and migrations from a settlement perspective, maintaining records and producing audit-ready reports. Act as a senior escalation point for complex issues, providing coaching to junior team members and contributing to process enhancements.
Required Qualifications
- 3–5+ years' experience within Transfer Agency, Fund Administration or Asset Servicing operations
- Strong experience of the CASS rules and regulations
- Strong understanding of settlement, cash management and reconciliation processes
- Experience investigating and resolving reconciliation breaks and settlement exceptions
- Knowledge of collective investment schemes including UCITS, OEICs and Unit Trusts
- Strong analytical and problem-solving skills
- Excellent attention to detail and accuracy
- Ability to manage multiple priorities and strict deadlines
- Strong communication and stakeholder management skills
- Proficiency in Microsoft Excel and operational systems
Desired Qualifications
- Understanding of FCA-regulated environments and operational risk frameworks
- Professional qualification such as CISI, IAQ or equivalent
- Exposure to fund migrations, platform transfers or transformation projects
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