Fund Operations Associate, FTC

British International Investment (BII) is the UK’s leading development finance institution, wholly owned by the UK Government. Our primary mission is to address global development challenges through strategic investments that promote sustainable and inclusive economic growth.

BII focuses on catalysing economic development, creating jobs, and building resilient economies in some of the world's most complex and underserved markets. We invest in businesses and projects that prioritise inclusive development, environmental sustainability, and innovation.

Our approach is characterised by rigorous investment standards, high governance principles, and a commitment to delivering measurable development impact. Our team consists of highly skilled and passionate professionals dedicated to making a tangible difference globally.

We foster a collaborative and intellectually stimulating work environment that values curiosity, innovation, and professional growth. Our culture balances high performance with a strong emphasis on wellbeing, ensuring our employees can achieve their full potential while contributing to our mission.

BII at a glance:

Over 75 years supporting sustainable business growth in developing and emerging markets

More than £9.9 billion in net assets

1,600+ businesses invested in

950,000+ workers in the businesses we support

650+ people in our diverse global team

• The Investment Operations team is made up of three groups:
• Data Management – responsible for ensuring investment related data is appropriate, accurate and consistent. Responsible for implementation and development of the Data Governance Policy.
• Portfolio Administration – responsible for ensuring all transactions are processed in a timely manner and recorded accurately. Responsible for ensuring BII’s portfolio of investments is monitored for lifecycle events and administered effectively and efficiently.
• Reconciliations and Reporting – responsible for conducting cash and stock reconciliations, and monitoring receipt and processing reporting due from investee companies, funds and borrowers.

• This role will sit within the Portfolio Administration team and focus on BII’s equity and fund investments.

• Perform administration duties related to initial investment transactions, e.g. bank account set up, call backs to confirm bank details and setting up the instrument
• Monitor, check and administer ongoing lifecycle events, processing disbursements, distributions for Funds and Equities.
• Monitor for receipt of periodic reports from investees, analyse and verify data for entry to BII systems, e.g. Audited Financial statements and quarterly Valuations. When necessary, liaise with investees to obtain late reports or query data that did not pass verification.
• Analyse underlying investments in Fund investments and update BII systems.
• Review new Equity commitments, restructures and exits, ensuring that they are accurately reflected in BII systems
• Monitor the team inbox, assisting with ad-hoc portfolio queries, analysis and reporting.
• Flag issues with BII investments to the Investment teams and senior management as appropriate.
• Work with the wider Portfolio Administration team on other processes and instruments when needed

• Must have suitable previous experience working within a portfolio administration function, or fund accountancy within an Investment environment
• Organised approach to ensure timely follow up on outstanding issues and identify appropriate action to be taken
• Attention to detail ensuring a high degree of accuracy for all deliverables
• Ability to multi-task and balance activities without losing sight of deadlines
• Strong knowledge of fund and equity products and the administration…