Operations Analyst - #2104742

Leeds – 3 days office

Permanent : 37.5 hour per week

Full time (we welcome flexible working discussions)

An opportunity to make a difference

At Border to Coast our purpose is to make a difference and we’re looking for two Operations Analysts – Alternatives to join our award-winning team.

As a customer-owned and customer-focused organisation, integrity is one of our values, as is our collaborative and sustainable approach. Our focus is to secure the pensions of over a million people who have provided valuable service to their communities and society. We’re the largest UK asset manager outside London or Edinburgh, and we provide innovative investments that deliver sustainable returns over the long term.

As an Operations Analyst – Alternatives you will be supporting Border to Coast with the oversight and governance of our third-party service providers. You’ll be of responsible for daily activities to ensure the oversight and governance of fund performance and ensure accuracy Custodians performance, attribution and reporting. As these roles sit within the Alternatives area of our Operations function you will need an understanding of GP/LP structures, Capital Calls, Distributions and how to recognise LP Valuations.

The role – what you’ll be doing

As an Operations Analyst – Alternatives your role is hugely important and will include:

• Organise / assist in the co-ordination of back / middle office projects.
• Daily performance activities to ensure oversight and governance of fund performance and ensuring accuracy of Custodians and Administrators performance and reporting.
• Daily Reconciliation of Portfolio positions: Identifying “breaks” and reacting to resolve accordingly.
• Corporate Actions Reconciliation. Raising queries and making adjustments where necessary
• Daily Capital Call and Distribution monitoring to ensure accuracy and escalate accordingly
• Review of Valuations to ensure they accurately recorded in the Internal Book of Records
• Oversight of Fund performance and ensuring accuracy of Custodian performance and reporting.
• Cash Management of settled and forecast cash balances, raising queries and making adjustments where necessary.
• First line Compliance reporting and monitoring.
• Assist Senior Operations Analyst with the provision of Back-Office Reporting as required
• Production of MI for use at Investment Committee
• Identify risks in own area of responsibility, recognise risks in all areas of the business and notify any such risks to your People Manager and the Operational Risk Manager.

About you - and the value you’ll bring to our team

• Strong problem-solving skills and be reactive while also proactively look for improvements in their task load.
• Good knowledge of financial instruments required for the role.
• Some knowledge of financial information and management systems
• High levels of integrity and trustworthiness
• Effective IT skills required for the job role
• Experience or knowledge of GP/LP structures, Capital Calls, Distributions and how to recognise LP Valuations

Desirable

• Knowledge of Pooled Investment funds.
• Other corporate knowledge – health and safety, ICT systems, information management and data protection

If you’re driven to make a real impact on how we deliver risk and control assurance in a collaborative environment, we’d love to hear from you.

Why join Border to Coast?

At Border to Coast, you will receive competitive remuneration and have access to excellent benefits:

• Vitality Health Insurance for all employees
• Employee Assistance Programme
• A generous holiday allowance of 30 days a year, plus bank holidays
• Professional Development including the opportunity to gain fully funded qualifications (e.g. IMC)
• Critical Illness Cover
• Pension scheme
• Stunning Leeds city centre location only a short walk to the train station
• Cycle to work scheme
• Life Assurance of 6 times of salary
• Sustainable travel plans
• Range of discounts for Leeds gyms, shops and restaurants
• Hybrid working
• Onsite gym

There’s also more information about pay and reward, careers at Border to Coast and how we work on our website Careers - Border To Coast - Work With Us

We welcome applications from people of all experience levels and backgrounds and value diversity of thought. We are committed to creating an inclusive and engaging workplace, ensuring that colleagues maintain a work life balance. We encourage colleagues to progress, be themselves and be their best through both personal and professional development.

If you have a disability, or if you have a condition that you believe may affect your performance during our selection process, we would be happy to discuss making reasonable adjustments to our processes for you. Please contact our recruitment team.

We’re looking for people with the right values, behaviours, skills and experiences and if you meet some of the role’s criteria and are interested in finding out more about Border to Coast and the team, we’d love to hear from you.