Fund Operations and Oversight Associate

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

IT STARTS HERE

Santander ()is evolving froma global, high-impact brand
into a
technology-driven organisation
, 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’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 manager
operating across 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,innovative and 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.

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 ofa number ofthird-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 fora 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 ina timelyand 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 willbe responsible for:

• Ensuring 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 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

Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organisation.

We’re
enabling teams to go beyond
by 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.

• Previous experience 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 Source book, GDPR and SORP
• Ex…