The Role

Equity Asset Management Middle Office & Bloomberg AIM Investment & Compliance Guidelines Administration Analyst

Martis Search are representing a boutique City of London based, Equity focused Asset Management company to hire a unique and exciting Equity Trade Support position.

The role reports into their Equity Operations Manager and works within in a small team of Equity Middle Office Operations Analysts.

The company offer a hybrid mix of “working-from-home” and also in-the-office, so you get the best of both worlds.

In addition, the hours are family-friendly and the company off a great work-life balance.

The role is specific in unique in that the Middle Office is split with x 3 main core responsibilities.

1. Bloomberg CMGR (Compliance Manager)

– Investment & Compliance Guidelines Administration Analyst   50 %

2. Inhouse Bloomberg Helpdesk Support 20 %                               3.Middle Office & related project management 30 %                                                                                                    

*Please note that the role responsibilities do change dependent upon trading volumes, time of the year, workloads etc, but they give a rough guidance.

1. Bloomberg CMGR (Compliance Manager) – Investment & Compliance Guidelines Administration Analyst   30 % – 60 %             

This core role is the probably the most important aspect of the Middle Office function and has the highest % weighting of time spent for daily/ weekly tasks. Having this experience is mandatory, if either via Bloomberg AIM Portfolio Management system (highly desirable), or another similar Buyside Portfolio Management system such as Charles River will also be considered.

The chosen incumbent will be responsible for a varied number of task including:

• Implementing the fund rules i.e. investment guidelines, limit rules i.e. 10 % cash, market restrictions into Bloomberg AIM.
• IMA documents – Investment Manager Agreements.
• Scheme Particulars and Prospectus’.
• Interpreting Investment Documents and inputting and creating rules that are “expressions” and “attributes” templates.
• Factsheets information.
• Compliance and Investment Guideline rules: There is over 500 historical rules within Bloomberg AIM. Some of the rules may become defunct (due to changes in regulations, or investment strategies etc), so the chosen incumbent is responsible to remediate and continually manage the rules that are added within the system.
• Compliance rules Monitoring: Manage and investigate any exceptions kicked out from the system with the view of resolving/ potentially changing the system rules.

FYI, Bloomberg offer a lot of training and you will be responsible to interpret i.e. 10-pages out of an investment guideline document that related to the CMGR.

2. Inhouse Bloomberg Helpdesk Support         20 % %                                                                 

• There are circa x 30 Users of Bloomberg in the company. You will be responsible to set-up new users.
• Be the main point of contact between Bloomberg, the company and the users. This involves resolving all related queries that may arise.
• Responsible for helpdesk tickets with Bloomberg.

3.   Middle Office & related projects                                                                                                        30 %

• Equity Trade and Operations oversight.
• Bloomberg RHUB – Trades booked into AIM, then go into RHUB – this is for Regulatory and Trade Monitoring.
• Trade Validation
• Resolve all Equity Settlements and Corporate Actions queries with their Outsourced Operations Administrator and Custodian
• Mutual Fund Trade Bookings
• Reconciliations/ Reconciliations queries
• Monitor Trade queues
• Instrument Static Data set-up/ resolve Pricing queries.
• AML/ KYC Client Onboarding
• Position and Cash file uploaded into Bloomberg.
• “Port” – Front Office Analytical tool.

Operations Project Work (dependent upon workloads and time to focus on projects)

• 3-5 different types of ongoing project work.
• i.e., Modernise Middle Office Operations workflows, or how to use Bloomberg AIM.
• Very manual processes in general within the department – lots to do and change in the future.

A more detailed spec is as follows:

• Responsible for day-to-day Bloomberg administration responsibilities including Front Office interaction and trade investigation.
• Responsible for the Bloomberg Order Management System (OMS) compliance rule administration.
• Ensuring Investment Management Agreements (IMA’s), Scheme Particulars, Prospectuses and FCA COLL rules are accurately coded in Bloomberg.
• Reviewing trade violations and working with internal and external teams to investigate and rectify.
• Communicating with stakeholders if there are data issues in the OMS.
• Delivery of compliant trade and transaction regulatory reporting and reporting systems
• Project Management responsibilities to support business requirements, initiating improvements in the current processes and producing project deliverables.
• Thorough understanding of UCITS/NURS rules
• Delivering reports and updates to senior management for ongoing projects and processes
• Assisting the Support Operations Managers in delivering a service to help support and manage the Support business function, including Segregated Client support.

Skills and Experience Required (R) or Helpful (H)

• A minimum of 5 years’ experience in an Operations, or Finance role at a previous Asset Management Company (R)
• Project co-ordination and delivery (R)
• Ability to manage relationships with other areas of the business (R)
• Bloomberg function knowledge – CMGR – Compliance Manager (R)
• Coding of compliance rules and investment restrictions in an OMS (R)
• Bloomberg function knowledge – RHUB – Regulatory Hub (R)
• Transaction and Trade Reporting monitoring (R)
• Bloomberg Function knowledge – JMGR/PREP (H)
• Report building in Bloomberg (H)
• Bloomberg Function knowledge – PORT (H)

Salary

£60 k pa – £70 k pa plus a good bonus and pension, plus healthcare, life insurance and loads of other related benefits.