Junior Analyst, Solutions Middle Office

at  Man Group plc

JOB PROFILE SUMMARY:

The Middle Office Analyst is primarily responsible for supporting the Man Solutions Investment Managers by providing trade support, cash, position and pricing reconciliation functions as well as calculating estimate Net Asset Values (NAV) of funds and reconciling those to the final NAVs generated by the Fund Administrator. They are also responsible for highlighting potential operational or valuation issues to the Investment Managers.

Responsibilities:

• Perform reviews and estimates of Net Asset Value (NAV) of funds on a daily, weekly and monthly basis including checking accrued income and expenses. Provision of intra-NAV estimates to the Asset Managers when requested
• Liaise with the fund administrator/s to reconcile final fund NAVs
• Review reconciliations between Custodians, Prime brokers, and the investment engine’s internal records, coordinating investigation and/or correction of breaking items where require
• Prepare reporting, fund updates and summarise information to stakeholders
• Responsible for ensuring the integrity of Asset Manager data prices in internal systems
• Effectively manage queries with both internal and external stakeholders
• Drive efficiencies and improve controls by reviewing existing systems, processes, procedures and MIS to identify enhancements and make continuous improvements
• Represent the team on operational focused and wider Man projects such as system enhancements and regulatory change integration
• Providing trade support functions, fund of fund trade execution, corporate action processing, investment restriction monitoring, liquidity management
• Set up of hedge fund securities and the ongoing hedge fund static data maintenance within the firms’ systems

Key Skills & Experience:

• Strong academic record and highly numerate
• Considering school leaver, apprenticeship or graduate background
• Experience working in financial services, typically either in an investment bank, asset management firm (in particular, Fund-of-Funds) or third-party administrator/custodian an advantage
• A team player, who is also comfortable to take individual ownership and initiative
• Strong analytical and problem-solving skills
• Accuracy and attention to detail
• Experienced in use of MS Excel
• Good interpersonal skills and ability to communicate effectively with multiple senior stakeholders
• Able to work under pressure, prioritise output and meet tight deadlines

• Perform reviews and estimates of Net Asset Value (NAV) of funds on a daily, weekly and monthly basis including checking accrued income and expenses. Provision of intra-NAV estimates to the Asset Managers when requested
• Liaise with the fund administrator/s to reconcile final fund NAVs
• Review reconciliations between Custodians, Prime brokers, and the investment engine’s internal records, coordinating investigation and/or correction of breaking items where require
• Prepare reporting, fund updates and summarise information to stakeholders
• Responsible for ensuring the integrity of Asset Manager data prices in internal systems
• Effectively manage queries with both internal and external stakeholders
• Drive efficiencies and improve controls by reviewing existing systems, processes, procedures and MIS to identify enhancements and make continuous improvements
• Represent the team on operational focused and wider Man projects such as system enhancements and regulatory change integration
• Providing trade support functions, fund of fund trade execution, corporate action processing, investment restriction monitoring, liquidity management
• Set up of hedge fund securities and the ongoing hedge fund static data maintenance within the firms’ system