Transitions Administrator
City of London
Permanent
£35,000 - £40,000
cer Financial are working alongside an Investment Management firm who are based in the City of London. They are seeking a Transition Administrator to work with them on a permanent basis.
In this role you will provide administrative support to the Transitions team, to ensure timely transition of client assets. Responsibility for processing new transfer instructions and chasing cases. You will work with the Transitions team to track and report on assets in transfer and ensure adherence to Service Level agreements, liaising with colleagues and third parties to follow up and update on progress.
The Responsibilities of a Transition Administrator Will Include:
· Check and process transfer requests received from the relationship management teams, liaising with third parties regarding settlement and inputting instructions into Pershing NEXUS system
· Communicate with counterparties, fund managers and custodians to manage the smooth and timely transition of client assets.
· Efficient tracking and reporting of assets in transfer using the Asset Tracker system, providing clear and relevant updates to enable the client (internal and external) to monitor progress of the transfer
· Management of Transitions mailbox, post and telephone queries
· Process transfers through our electronic reregistration system - Altus
· Monitor reports and systems to check for receipt of funds and assets, process cheques for the custodian to apply to the accounts
· Receiving transfer cheques, cross checking information, updating the system and passing to cash management team for processing
· Process payments to clients and third parties in relation to transfers out
· Ensure adherence to internal and client operational procedures and controls
· Management of Transitions mailbox, post and telephone queries
· Maintain relationships with third party administrators, Fund Managers and custodian
The Successful Transition Administrator Will Have:
· Knowledge of tax wrapper structures including ISA, SIPP, Offshore Bond
· Knowledge of Pershing NEXUS system is an advantage
· Strong knowledge of asset transfer process including unit trust, CREST, foreign, certificated and cash movements
· Knowledge of Electronic reregistration and Altus is an advantage
· Ideally studying towards the IOC certificate or already qualified
