Fund Operations and Oversight Associate; Glasgow

Position: Fund Operations and Oversight Associate (Glasgow)
This job is with Santander UK, an inclusive employer and a member of my Gwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Fund Operations and Oversight Associate (Glasgow)

Country:
United Kingdom

IT STARTS HERE
Santander (      )     is evolving from       a global, high-impact brand       into a       technology-driven organi  s  ation    , and our people are at the heart of this journey.
Together    , we are driving a       customer-centric transformation       that values bold       thinking, innovation    , and the       courage to challenge       what's     possible.
This is more than a strategic shift.
It's     a chance for driven professionals to grow, learn, and make a real difference    .
Santander Asset Management (SAM)       is     a       €255bn global asset manager         operating     across 10 countries across Europe and Latin America and with more than 50 years of experience. SAM combines the best of complementary worlds,     technology     and     expertise  , to provide     optimal     solutions for clients  .
We deliver a simple,     innovative     and transparent service with a sole     objective  : 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 Management         are     looking for a       Fund Operations Oversight Associate       based out of
Glasgow    .
This role performs processes and controls within the scope of the operations team, which primarily involves the oversight of     a number of     third-party suppliers who provide services across fund accounting, middle office,     custody     and transfer agency for UK OEICs and unit trusts  .

The team is also responsible for     a number of     internal 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 in     a timely     and controlled manner.

We're         shaping the way we work     through innovation,     cutting-edge     technology,     collaboration     and the freedom to explore     new ideas  . To succeed in this role, you will     be responsible for  :
E    nsuring     the 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 audit     management     and general adherence to the CASS oversight model.

Overseeing and filing of interim and annual financial statements.

Liaise with external auditor to ensure     timely     resolution 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 organi  s  ation.
We're         enabling teams to go beyond       by valuing who they are and empowering…