Junior Asset Transitions Specialist

at  First Actuarial

Leeds, England, United Kingdom -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate04 Aug, 2024Not Specified05 May, 2024N/ATraining,ShadowingNoNo
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Description:

KEY ACCOUNTABILITIES

The following list represents accountabilities that we will expect after a period of training and shadowing of more experienced members of the team.

  • Planning, implementing and reporting on all types of asset transitions, which will include, but is not limited to the following tasks:
  • Establish transition requirements and produce a fee quote for the work.
  • Prepare investment manager account opening documents, where required.
  • Gather investment manager trading requirements and draft instructions.
  • Produce a transition plan that will minimise market risk and transaction costs.
  • Work with Scheme Administrators, Investment Managers and Trustees to ensure that all trades and cash movements happen as expected.
  • Produce a post-transition summary for the Trustees.
  • Maintain a log of all transitions and send a weekly update to the Consultants.
  • Update transition template documents and emails, when required.
  • Attend team meetings and report on transition-related developments.
  • Attend regular meetings with key third parties to discuss transition progress and resolve procedural issues.
  • Manage deadlines and prioritise work according to importance.
  • Log Liability-Driven Investment rebalancing events and co-ordinate actions required.

Responsibilities:

As a specialist function within the Investment Team, our Asset Transitions Team is tasked with planning and implementing asset transitions across a wide variety of asset classes and investment managers, whilst reducing risks and minimising transaction costs.
The work involved is fast-paced and the Team completed in excess of 200 asset transitions in 2023, with around £1.2 billion of assets being moved over the year.
To support the Team’s growth, we are now looking for an individual who will initially provide support to the existing Asset Transitions Team, but who will eventually gain the knowledge and experience required to lead any type of asset transition exercise and work directly with our pension scheme clients. You will be fully supported in your development by experienced asset transition specialists.


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Financial Services

Accounts / Finance / Tax / CS / Audit

Finance

Graduate

Proficient

1

Leeds, United Kingdom