AddressAn exciting opportunity has arisen to join the Asset Onboarding and Servicing team as an Asset Onboarding Specialist! The team is responsible for assessing and making new assets available on the Transact platform, as well as regularly reviewing asset information to ensure it remains accurate and compliant with regulatory requirements.
Key responsibilities:
- Adding new assets to the Transact platform.
- Analysing new and existing assets to ensure compliance with tax wrapper eligibility rules.
- Reviewing and completing new platform agreements between IFAL and fund managers, and reviewing existing arrangements.
- Setting up and updating existing ring-fencing agreements.
- Working closely with internal stakeholders (e.g. Legal/Compliance/Client Operations teams) with respect to new asset requests.
- Ensuring asset data is accurate.
- Being aware of, and making reference to, the CASS 6 and 7 regulations that govern many of the activities of the Client Accounting department
- Continually seeking to improve processes to make them more efficient
Requirements
The opportunity would be ideal for an individual already working within financial services, who can demonstrate a strong understanding of asset types and the CASS rules. The ideal candidate would be a strong communicator, ideally with experience liaising with platforms and fund managers, with excellent attention to detail. The full IOC and FA2 in Pension Administration would be beneficial but are not essential, as Transact will sponsor relevant qualifications to drive your professional development.
We offer a competitive remuneration package, including company discretionary bonus, excellent pension contributions, an attractive staff share scheme, BUPA health insurance, buying and selling of annual leave and sponsorship of relevant professional qualifications.
The role is based in our central London office, working a minimum of two days a week in the office and three days a week from home.
About Transact
Transact is the leading independent investment wrap platform in the UK. Established in 2000, we have over £54.9 billion of funds under direction (as at September 2023) on behalf of over 7,600 advisers and 230,000 investor clients. Our service includes an online platform, owned and built by us, and dedicated regional adviser support to help bring clients' assets and investments together in a smarter, more tax efficient way. We offer access to a wide range of tax wrappers (including ISAs, pensions and life insurance investment bonds) and funds which advisers use to build client investment portfolios. Portfolio valuations, purchases and sales are all supported via Transact Online which is available 24/7. Transact's parent company, IntegraFin Holdings plc, is listed on the London Stock Exchange and is a constituent of the FTSE 250 index.
Equal Opportunities
We provide a diverse and inclusive workplace and ensure that all of our staff respect and understand individual differences. We are an equal opportunities employer and positively encourage applications from suitably qualified and eligible candidates regardless of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, religion or belief, sex or sexual orientation.
