Operations Principal - £80,000 - £90,000

Our client, an independent, London-based, Private Investment Office managing approximately $1.5BN of capital for their private and institutional clients, is looking for an Operations Principal to join the team on a permanent basis. This is a varied role covering a mix of investment operations, compliance, finance and accounting – working with both their internal team and shared service providers.

Roles & Responsibilities

Working closely with and reporting directly to the CIO and MD of the business.
Investment operations - Working with the shareholder group to oversee and manage a holistic upgrade to the operational backbone (e.g. custodial partners, reporting systems, client portal). This may involve analysis of areas of the process which could potentially be outsourced.
Ensuring that day to day operational issues are managed and resolved (e.g. booking of positions, liaison with custodian banks, managing capital calls and distributions).
Finance - Working with shared service providers to ensure accurate monthly and quarterly reporting of P&L, CF, BS.
Optimisation of cash balances.
Production of quarterly board / management packs.
Regulatory reporting (e.g. FCA quarterly AUM submissions).
Overseeing the quarterly client statement and billing process.
Working with external auditors to complete relevant filings.
Compliance - Working with shared service providers to ensure the shareholder group is kept abreast of all relevant changes in the compliance and regulatory landscape.
Ensuring key documents and processes are kept up to date and fit for purpose (e.g. client onboarding documentation, process manuals).
Ensuring staff members have completed relevant training and submitted filings where necessary (e.g. PA account dealing).

Experience & Qualifications

An energetic and entrepreneurial problem solver who enjoys making a machine work better.
Lateral thinker who can bring best in class solutions to a new organisation and effect change without causing unnecessary disruption.
Commercial and client-focused mindset.
First class academic background, up to degree level from a leading university.
Minimum A-level qualifications (or equivalent) in Mathematics, Economics or have done a quantitative degree.
7-10 years of work experience in an operational role in a relevant field – e.g. a (multi) family office, endowment fund, asset manager or private bank.
High levels of attention to detail.
Strong verbal and written communication skills.
Highly proficient in the use of Microsoft Excel and PowerPoint.

To hear more about this exciting opportunity, please contact Rob Cook on 020 7847 8870 or email your CV to robert@meredithbrown.com

Ref: RC975004

Please note: that due to the high volume of applicants responding to our adverts we are regrettably not able to feed back on all applications; only successful candidates will be contacted.