Job Description

We are currently recruiting for an Asset Onboarding Specialist on our Asset Onboarding and Servicing Team within our Client Accounting department.

The client accounting area is responsible for ensuring all client money and assets held by Transact for clients are recorded accurately. We must be able, at any time, to distinguish client money and assets held for one client from client money and assets held for any other client. The various roles within client accounting all facilitate this.

The Role

As a member of the Asset Onboarding and Servicing team you will be responsible for making new assets available on the Transact platform and maintaining our existing asset universe. You will work closely with external third parties and other departments within Transact, building strong relationships and developing your own technical knowledge and understanding. You will also be responsible for the ongoing analysis of asset information to maintain accuracy and continued compliance with regulatory requirements, as well as supporting the wider team, where necessary, in the interpretation, logging and subsequent monitoring of all corporate action events and ensuring all assets on the Transact platform are correctly valued.

Responsibilities include:

• Adding new assets and fund managers to the Transact platform.

• Maintaining a good understanding of regulations such as Consumer Duty, MiFID II and SDR, how they impact our business and responsibility for ensuring that associated asset data stored is accurate and up to date;
• Continuously ensure all assets are suitable for distribution to our client database in line with regulatory and business requirements;
• Ongoing asset reviews to ensure continued wrapper compliance;

• Maintenance of applicable static asset data in order to ensure ongoing accuracy;
• Completing a range of fund manager due diligence and account opening documentation;
• Managing the implementation of fund manager agreements.

Person Specification

We are looking for someone who has between 2 and 5 years experience, from a platform or asset management background with experience of asset onboarding and/or working with a variety of asset types. Strong knowledge of UK financial regulations is crucial as well as experience of liaising with clients, fund managers or platforms. The role requires you to analyse and interpret information so that correct action can be taken, therefore the successful candidate will be able to demonstrate the ability to solve complex problems and have a keen attention to detail.

Good communication skills are essential as you will be required to build and maintain relationships with both internal and external stakeholders.

We are keen to encourage continued learning and the successful applicant will be required to complete relevant financial services qualifications if they do not already possess these. Candidates who are already in possession of relevant qualifications would be advantageous but must have a minimum of C" grade in GCSE Mathematics and English.

We are looking for a candidate to already have intermediate MS Excel skills with experience using Excel in a work place environment. Previous experience using CREST and Bloomberg would also be advantageous.

We offer a competitive remuneration package, including company discretionary bonus, excellent pension contributions, an attractive staff share scheme, BUPA health insurance, buying and selling of annual leave and sponsorship of relevant professional qualifications.

The role is based in our central London office, working a minimum of two days a week in the office and three days a week from home.

About Us

Transact is a leading UK investment wrap platform for financial advisers and their clients. Our culture is collaborative, inclusive and open-minded. We work hard to continually challenge the way we do things to maintain our market leading status.

As a customer-centric and client focused business, we put our clients, like Mrs Miggins, at the heart of everything we do.

Our platform enables clients and their advisers to manage their financial portfolio in one single online place, and is supported by unrivalled personal service. Our goal is to make all aspects of portfolio management as easy and efficient as possible for everyone involved, through the features we develop, our integrations with other systems, and the support we provide.

Our purpose : We enable the Miggins family and their adviser to hold their investments on a single platform across wrappers. We provide custody, tax wrapping, trading and reporting.

Our strategy : We make financial planning easier for advisers by delivering great service. Our platform helps advisers grow revenues and reduce risk and cost in their business. We will always have control of our technology, wrappers and service.

Our values : We do the right thing for customers, advisers, staff, shareholders, suppliers and the wider community.

Transact's parent company, IntegraFin Holdings plc, is listed on the London Stock Exchange and is a constituent of the FTSE 250 index. Established in 2000, today we have over £64 billion of funds under direction on behalf of over 8,000 advisers and 235,000 investor clients (as at September 2024).

Equal Opportunities

We provide a diverse and inclusive workplace and ensure that all of our staff respect and understand individual differences. We are an equal opportunities employer and positively encourage applications from suitably qualified and eligible candidates regardless of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, religion or belief, sex or sexual orientation.