Operations & Distribution

Entry Level Wealth Operations/ Client Service Role

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My client, a London based wealth firm are looking for a number of candidates to fill 4 roles in their business.

Job Code: 04232016
Pay Rate: Excellent entry level

Job Description:

This is an entry level position.

Client Investment Execution

  1. Grasp a detailed understanding of the products our clients invest in, with specific attention paid to product redemption requirements (incl. redemption notice periods, gaits, fees, renunciation process lock up periods).
  2. Liaise with custodians, trustees and third party administrators, to ensure investments are correctly transacted and settled in an accurate and timely manner.
  3. Coordinate internal capital calls, ensuring that clients receive the call letters with adequate prior notification for them to make the required payments by the deadline date, or instruct us to arrange the payment for their custodian account.
  4. Ensure that client authorisations to investment recommendations are obtained and all orders are implemented in a timely manner and maintaining comprehensive supporting documentation.
  5. Adhere to execution policy and procedures when implementing client execution.


Client Account Management

  1. Monitor client’s cash and securities accounts by closely managing the relationships with their custodians, trustees or third parties.
  2. Liaise directly with clients and their advisors on issues relating to their account(s).
  3. Track client execution through to completion.
  4. Ensure all transactions are recorded accurately using our in-house systems.
  5. Regularly update client balance sheets and review holdings versus asset allocations.
  6. Adhere to all processes and procedures to ensure the firm remains compliant with all regulatory requirements, and that we fulfil all of our fiduciary requirements to our clients.


FX Hedging

  1. Work with Principals/Senior Associates reviewing the currency exposure of clients’ investment portfolios.
  2. Prepare detailed forward foreign exchange contract instructions as necessary in order to adjust and obtain the client’s required underlying currency exposure within their portfolios.
  3. Experience currency dealing by joining Principals and Senior Associates on currency dealing phone calls.
  4. Track client currency execution to completion by comparing trade confirmations to internal tracking systems.
  5. Monitor  client currency exposures to ensure FX hedges remain effective on an on-going basis
  6. Adhere to the  foreign exchange hedging policies and procedures.


Client Account Opening

  1. Ensure that account opening documents are completely and accurately completed and filed.
  2. Ensure that regulatory and compliance rules are adhered to, especially around KYC and AML.
  3. Provide input to and assist with the process for attracting new clients, including preparation of tailored proposals and portfolio recommendations.
  4. Follow up on actions required to secure new clients for the firm.


Monthly and Quarterly Client Reporting

  1. Assist with the collection of client valuation data and with the entry of key data information.
  2. Submit quarterly/monthly client statements to client heads for further review.
  3. Prepare and review annual tax reports where required.
  4. Respond appropriately and professionally to client queries.


Client Billing

  1. Review billing calculations to ensure they are accurate and complete.
  2. Deal with client queries regarding billing.


Ad-hoc Client Relationship Management

  1. Work with other team members and partners preparing for client meetings and dealing with client queries.
  2. Respond to client calls and act as support to the partners and principals where necessary.

This role requires an A at A level maths and at least a 2:1 degree. They are looking for a recent graduate with 0-2 years industry experience. If you don't fit these criteria then unfortunately the client will not consider you for interview.

Preferred Skills: