Arbuthnot Latham has been associated with banking since 1833. We combine private and commercial banking, wealth planning and investment management. We believe in traditional relationship and service-led banking powered by modern technology.
To provide excellent administrative support to the Investment Management Team with the client at the heart of the service. The Operations team work closely with the Investment Management team as well as interfacing with all other areas of the bank and third-party providers. The operations team deal with all issues arising prior to trade placement and execution through to Trade Settlement, Reconciliation, Dividends and Corporate action processing as well as opening and closing client accounts and providing our clients with valuation reporting, answering queries and production of tax reporting.
To place the interests of customers at the centre of all activities, act in a way that is consistent with achieving good outcomes for consumers and to comply with the FCA and PRA's Conduct Rules.
Job Description
Key Responsibilities:
The Role of Reconciliation Administrator has various duties including reconciling multiple types of investment instruments across numerous Stock and Cash reconciliations, some manual and some automated via the AutoRek platform. The role will be;
- Daily bank reconciliations across multiple currencies
- Internal ledger reconciliations
- Preparation and review of Daily Client Money Calculation
- Monthly Fund Manager, Safe and external custodian reconciliations
- Daily Crest, Caceis & RBC stock reconciliations
- A good understanding of the risk culture in the team, work with the team manager to ensure procedures are updated when required and are fit for purpose (to internal & regulatory standards), and controls are suitable and effective.
- Ad-hoc reconciliations in support of other teams
- To support and communicate with team members prioritizing work flow and helping with complex queries in all areas.
These roles incorporate many tasks that would be performed by specialist teams within larger firms. As part of a small firm, staff can expect their role to continuously evolve and to include tasks "beyond the job specification”. Though roles are specific on a daily basis, a general knowledge and understanding of each element of the operational area is expected as staff will learn to cover different functions within the team. The position is likely to involve interacting with every area of the firm from time to time and you will work with senior managers on occasion.
Key Interfaces:
- The individuals are expected to work closely with all areas of the bank as well as intermediaries and third parties.