The main role is to plan, coordinate and execute asset transitions for UK defined
benefit pension schemes. Projects vary in size and across a range of asset classes, and will
either be for our delegated or advisory client base. Project management and organisation are key
skills required, with the ability to follow strict processes.
In a typical year, the EMEA Trade Management team of 12 people manages over 2,100 transactions with a value in excess of £33bn. Each project requires careful project management to ensure that the trade runs smoothly without any unexpected costs and to ensure that errors are avoided. The team needs to coordinate the activity of several parties, including internal and external clients, custodians, investment managers, fund administrators and lawyers. For each project the analyst is pivotal in preparing the project timeline, so this role needs someone who is good at project management and managing stakeholders both by keeping them informed and ensuring they deliver on their aspects of the project plan. An eye for detail is also essential, both in the level of planning and also preparation of most of the documentation that makes transactions happen.
As a Senior Trade Management Analyst you will need to consider broader aspects of
how different investment vehicles transact, the interactions between them, costs of trading and
best methods of maintaining market exposure, incorporating this knowledge into a plan that
delivers the most cost and risk efficient way to trade in the time available.
Whilst most trading is at the pooled fund level, the analyst will gain experience of numerous asset classes including equities, fixed income and private markets and need to consider currency hedging and the use of transition managers.
The variety of problems faced in working out the best solution for each client type means that the analyst must be comfortable thinking on their feet and adapting to circumstances. The nature of the business also means that priorities often need to be juggled to make sure deadlines are met. This will entail a degree of flexibility and while this sometimes will mean longer days, we also generally maintain a good work life balance in the team.
The EMEA Trade Management team currently has five consultants and a number of senior analysts and analysts. Depending on experience level, analysts will be given different levels of support and autonomy, but on larger projects should expect to be working alongside a consultant who will provide guidance and strategic input. The analyst in this role will report to a senior analyst in the Trade Management team who in turn reports into the Head of Trade Management.
The holder of the role will be expected to work within the existing control and governance framework of the team and business, which includes extensive checklists and a peer review process, known as Professional Excellence. All team members are expected to contribute ideas for process improvements and assist when needed in the delivery of new business areas.
We are looking for candidates who are:
- Detail focused - a good project manager and able to carefully and diplomatically manage relationships
- Comfortable and have the confidence to liaise with third-party organisations and with all levels of staff within the practice, via email or telephone
- Organised and where project and time management are key skills
- Able to work on their own initiative when required, as well as in a team
- The role holder may be IMC qualified. Support towards further study will be available in time.
The wide range of skills needed for this position mean that people from a number of
backgrounds and different levels of experience might be successful in this position. The most
important thing is to demonstrate that you are a very organised person and eager to learn how to
work within the framework set out above.
As a Senior Trade Management Analyst we are looking for candidates with an understanding of asset classes who will be comfortable working on their own initiative in the initial information gathering and planning stage of a project and who has experience liaising with stakeholders. Direct experience of working in an investment manager, custodian, investment consultant or other similar environment will be advantageous.