Job Description

The Transitions Administrator will check, and process transfer requests received from relationship management teams, liaising with third parties regarding settlement and inputting instructions into the Pershing system.

Communicate with counterparties, fund managers and custodians to manage the smooth and timely transition of client assets to and from the Investment Management company.

Efficient tracking and reporting of assets in transfer using the Asset Tracker system, providing clear and relevant updates to enable the Investment Management companies clients to monitor progress of the transfer.

The Transitions Administrator will be responsible for the management of the Transitions mailbox, post and telephone queries

Monitor reports and systems to check for receipt of funds and assets, process cheques for the custodian to apply to the accounts.

Receiving transfer cheques into the Investment Management company, cross checking information, updating the system and passing to cash management team for processing.

The Transitions Administrator will process payments to clients and third parties in relation to transfers out of the Investment Management firm.

Ensure adherence to internal and client operational procedures and controls of the Investment Management company.

The Transitions Administrator will maintain relationships with the Investment Management companies third party administrators, Fund Managers and custodian.

The Candidate:

At least 2 years’ experience within a similar position i.e Asset Transfers or Transitions

Experience with an Investment Platform. 

Knowledge of tax wrapper structures including ISA, SIPP, Offshore Bond. 

Strong knowledge of asset transfer process including unit trust, CREST, foreign, certificated and cash movements

Knowledge of Electronic reregistration and Altus is an advantage

Required Knowledge, Skills, and Abilities

At least 2 years’ experience within a similar position i.e Asset Transfers or Transitions Experience with an Investment Platform. Knowledge of tax wrapper structures including ISA, SIPP, Offshore Bond. Strong knowledge of asset transfer process including unit trust, CREST, foreign, certificated and cash movements Knowledge of Electronic reregistration and Altus is an advantage