Investment Operations and Fund Dealing Analyst

Purpose

As an Investment Operations and Fund Dealing Analyst within the Operations team, you will play a key role in establishing and operating London CIV's enhanced fund dealing capability as assets transition under the Fit for the Future programme. You will support the planning, coordination and oversight of investor (Partner Fund) fund dealing activity, helping to build a scalable and well-controlled operating model to support future growth. Reporting into the Operations Specialist, you will work closely with colleagues, investment managers, custodians, transfer agents and other stakeholders to ensure the smooth running of dealing activities and high-quality service delivery.

This role sits within the Operations team and is to support the Operations Specialist to deliver the planned fund dealing activity and establish a more streamlined process.

This is an exciting opportunity to contribute to operational readiness across LCIV's fund range and Partner Fund pooled accounts, supporting our Fit for the Future transformation programme and strategic growth ambitions.

For clarity, this is a role centred on processing and coordinating fund transactions (buying and selling units), not a trading floor or frontoffice trading position.

What You'll Be Doing

Planning and execution of trades

• Plan new investment activity (subscriptions/redemptions/switches) end to end by analysing transitions between funds and preparing detailed runbooks.
• Engage with Investment Managers to understand fund dealing and settlement cycles as well as relevant cut-offs for the fund range (LCIV Funds and funds under IMA), establishing new fund dealing capabilities where needed.
• Coordinate and oversee fund dealing activities end-to-end with all key stakeholders (Investment Managers, Partner Funds, Custodians, Transfer Agents and other service providers), ensuring all instructions, approvals and operational controls are completed accurately and within agreed dealing cut-offs.
• Monitor trade-related cash requirements, settlement funding needs and expected dealing flows, ensuring sufficient liquidity is available and escalating potential issues promptly.
• Monitor trade settlement activity, investigate exceptions and failed settlements, and coordinate resolution with relevant stakeholders.
• Collate trade documentation for reporting to compliance and other stakeholders.
• Liaise with Northern Trust and other fund administrators, transfer agents, custodians, client service teams, legal, compliance and other stakeholders to resolve operational issues, exceptions and settlement queries.
• Act as a key operational contact for fund dealing queries for internal and external stakeholders.

Process Design, Implementation and Improvement

• As we establish new fund dealing capabilities, you will play a key role in designing, implementing and documenting operational processes, controls and procedures, reflecting the requirements of different Partner Funds, investment structures and asset classes.
• You will help improve and streamline new and existing fund dealing processes, thereby strengthening efficiency, data integrity, and operational resilience across the dealing function.

Team Collaboration & Wider Support

• Collaborate across the Operations and Investments teams, sharing expertise and acting as a lead contributor on assigned activities while supporting team knowledge sharing and cross-training.

Management Information

• Assist in the production of management information and operational reporting covering fund dealing volumes, settlement activity, cash management and operational exceptions.

Governance & Control

• Own and maintain assigned documentation for operational policies, procedures and control frameworks, ensuring they remain complete, current and effectively implemented. Ensure dealing activities are supported by appropriate controls, audit trails and evidence of completion.
• Take a proactive role in identifying control enhancements and embedding best practice across the function. Promote a culture of shared learning, operational excellence, and collaboration across the team.

What You'll Bring

Essential

• Proven experience coordinating and supporting investor dealing processes within an Asset Manager, Fund Administrator, Custodian, Transfer Agent or institutional investment environment.
• Strong knowledge of investor trade lifecycle and interdependencies, such as dealing cut-offs, settlement cycles etc.
• Excellent attention to detail, analytical, organisational, and stakeholder management skills. Strong understanding of the roles that the different stakeholders play in the trade lifecycle
• Ability to independently plan and co-ordinate multiple investor subscriptions, redemptions, and/or switches with strong awareness of interdependencies and risks.
• Ability to manage competing priorities in a deadline-driven environment.
• Strong awareness of time sensitivity of dealing task and ability to manage and resolve complex operational issues across trade lifecycle, reconciliations, and cash management.
• Familiarity with fund structure (single manager versus multi manager funds).
• Experience using fund dealing, custody, transfer agency, workflow management or operational reporting systems within an investment management environment.
• Skilled communicator written and verbal, confident working with stakeholders at all levels.

Desirable

• Prior experience supporting the implementation of new fund dealing capabilities, operating models or investment operational processes within a growing organisation.
• Familiarity with data and control automation tools to improve efficiency and oversight.
• Experience with both public and private market fund structures and investor dealing.
• Good understanding of FCA, AIFMD, and MiFID requirements.
• Experience supporting project delivery and system change.
• Experience with different custody account structures.
• Exposure to broader investment operations activities such as fund launches and product changes.
• Prior experience in working with Northern Trust as Fund Administrator, Custodian and /or Transfer Agent.