Fund Operations and Oversight Associate (Glasgow)

Fund Operations and Oversight Associate (Glasgow)Country: United Kingdom

IT STARTS HERE

Santander ()is evolving froma global, high-impact brandinto atechnology-driven organisation, and our people are at the heart of this journey.Together, we are driving acustomer-centric transformationthat values boldthinking, innovation, and thecourage to challengewhat’spossible.

This is more than a strategic shift.It’sa chance for driven professionals to grow, learn, and make a real difference.

Santander Asset Management (SAM)isa€bn global asset manageroperatingacross countries across Europe and Latin America and with more than years of experience. SAM combines the best of complementary worlds,technologyandexpertise, to provideoptimalsolutions for clients. We deliver a simple,innovativeand transparent service with a soleobjective: offer our clients a comprehensive range of products with the right balance between risk and return.

Our behaviours underpin everything we do; we think clients, embrace change, act now, move together and speak up.

THE DIFFERENCE YOU MAKE

Santander Asset Managementarelooking for aFund Operations Oversight Associatebased out ofGlasgow.

This role performs processes and controls within the scope of the operations team, which primarily involves the oversight ofa number ofthird-party suppliers who provide services across fund accounting, middle office,custodyand transfer agency for UK OEICs and unit trusts.

The team is also responsible fora number ofinternal processes including invoice review, client service reporting, regulatory reporting and incident and risk management reporting. You will provide support to the wider business on all operational aspects of product change, overseeing the third-party suppliers to ensure projects are delivered ina timelyand controlled manner.

We’reshaping the way we work through innovation,cutting-edgetechnology,collaborationand the freedom to explorenew ideas. To succeed in this role, you willbe responsible for:

• Ensuringthe delivery and accuracy of the daily NAV and associated dealing activity:

• NAV oversight controls

• Timely resolution of NAV related queries/issues

• Swing factor and swing basis review

• Fair value pricing (FVP) events & oversight

• Estimated and confirmed dealing review including monitoring large deals.

• Cash & stock reconciliations

• Completing key CASS activities: reviewing daily client money reconciliations, CASS RP, CASS QA Testing, Internal and external auditmanagementand general adherence to the CASS oversight model.

• Overseeing and filing of interim and annual financial statements.

• Liaise with external auditor to ensuretimelyresolution of queries

• Liaise internally to collate required data, i.e. performance figures, investment commentary

• Ensure necessary controls are performed ahead of sharing with ACD committee for sign off

• Completion of other Operations activities including, but not limited to:

• Oversight and supporting the trade life cycle through matching and settlement.

• Corporate actions processing

• Margins payments

• Invoice review and payment processing

• Complaint handling ensuring regulatory obligations including those around timelines are met.

• Oversight of the AML & KYC process for client onboarding and AML refresh events.

• Calculation and payment of fund distributions

• Fund expense monitoring (OCF & transaction costs)

• Management of the rebate process

• WHT reclaims & completion of relevant tax documentation

WHAT YOU’LL BRING

Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organisation.We’reenabling teams to go beyondby valuing who they are and empowering what they bring.

The following requirementsrepresentthe knowledge, skills, and abilities essential for success in this role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Professional Experience

• Previousexperience working across FA,TAor custody either with a fund administrator or asset/investment manager. This should include excellent technical knowledge of UK Collective Investment Schemes

• Understanding of relevant regulations such as: CASS, COBS, COLL Sourcebook, GDPR and SORP

• Excellent organisational skills to ensure work schedules are adhered to and that all reporting tasks are tracked and completed ina timelyandaccuratemanner with the ability to prioritise accordingly

• Ability to work under pressure and to tight deadlines, with a pro-active and professional attitude to work

• Team player who has the capability to build good relationships both internally and externally including comfortability around liaising with senior management (preferred)

• Experience of involvement with projects including fund changes – closures, mergers (preferred)

• Marketvendorssystemknowledge(Bloomberg, Reutersetc) (preferred)

Education

• Investment Operations Certificate (IOC), or equivalent modules (preferred)

• Professional Accounting Qualification i.e. CA/ACCA/CIMA or equivalent (preferred)

WE VALUE YOUR IMPACT

At SantanderAsset Management, your contribution matters. We recognise the difference you make every day, and we make sure you feel valued, supported and rewarded in return.

Here, recognition goes beyond pay.It’sabout the pride you feel in your work, the impact youmakefor our clients, and the opportunities you have to grow and thrive — personally and professionally.

Howwe’llreward you.

As well as a competitive salary, we offer a wide range of benefits that you can choose from and tailor to your needs.

• Eligible for a discretionary performance-related annual bonus up to% salary

• Hybrid ways of working providing flexibility to work from home days per week (on average)

• We put % of salary into your pension, even if youdon’tcontribute yourself.

• days’ holiday plus bank holidays

• Company funded private medical and dental insurance foryourand your family.

• Free access to a range of digital health services, including GP.

• Protection for you and your family, with company-funded death-in-service benefit and income protection insurance, and the option to take advantage of discounted rates foradditionallife assurance and critical illness cover.

• / access to an online employee discount platform including retailers, entertainment, eating out, travel and more.

• Voluntary healthcare benefits at discounted rates.

• As a Santander Asset Management employee, youare able torequest staff versions of our products like our Edge Current Accounts and Credit Cards with no fees, as well as apply to many other deals and discounts in Santander products and services

• Wellbeing that goes beyond work — we work with a range of wellbeing partners across our pillars of wellbeing (physical, mental,socialand financial) to give you access to a suite of apps, discounted gym and fitness access, weekly online classes, flexiblehealthcareand mental health support.

• Global growth opportunitiesto shape your career, learn new skills and explorewhat’spossible across our international network.

Ready to be recognised? It starts with you.

OUR COMMITMENT

At SantanderAsset Management,we’reproud to be an inclusive organisation thatprovides equal opportunities for everyone— regardless of age, gender, disability, civil status, race,religionor sexual orientation.

We’re committed to creating a recruitment experiencethat’saccessible,fairand welcoming for all candidates.

We want our people to thrive — at work and at home — while delivering the best outcomes for our customers and supporting each other to grow.

To make this possible, our roles are hybrid, with flexibility to work from home two days a week, on average.

Right to work in the UK

Every individual must have the right to work in the UK tocommenceemployment with SantanderAsset Managementeither by way of nationality,visaor work permit. If you dorequirea working visa / permit this will not influence our decision on whether to progress your application. However, if you do not have a right to work, or an application for a working visa / permit is unsuccessful, SantanderAsset Managementwill notproceedwith your application and will withdraw any conditional offer previously made.

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