Operations Apprentice

Summary

Insight Investment (subsidiary of BNY Mellon) is a leading asset manager focused on designing investment solutions to meet its clients’ needs. They are seeking two apprentices to join them in the operations department, you will be based in either the Asset Valuations team or Guideline Management team.

Annual wage: £25,000 a year
Minimum wage rates (opens in new tab)
Training course: Investment operations technician (level 3)
Hours: Monday - Friday, 9am - 5pm.
35 hours a week
Possible start date: Monday 14 October
Duration: 1 Year 9 Months
Positions available: 2

Work

As an apprentice, you’ll work at a company and get hands-on experience. You’ll gain new skills and work alongside experienced staff.

What you’ll do at work

The Operations Department provides middle and back office operational services either within Insight or provided to Insight by external parties.

The Asset Valuations team is responsible for ensuring the accuracy of daily OTC derivatives valuations and the oversight of outsourced asset valuations.

Perform daily, monthly and quarterly quality control checks on asset valuations.

Work with pricing model owners (quants) to develop action plans to remediate valuation issues
Monitoring findings, recommendations and management action plans resulting from valuation issues, ensuring timely and appropriate actions are taken to address concerns
Prepare reports, metrics and assist in reporting on asset valuations to various senior committees and the Client Service team
Develop and improve processes and procedures supporting asset valuations
Ownership of pricing and valuation policies; validation of adherence, updating policies, subject to appropriate committee approval
Assist with pricing model validation testing plans, evaluate the appropriateness of model inputs, and to assess the theory of the models

The Guideline Management team are responsible for the drafting, implementation, coding, and monitoring of investment guidelines. The team are integral to front office processes and are sat amongst the fund management team and client solutions group, working closely with them to ensure guidelines are operationally sound and that investment risk limits are adhered to.

Responsible for reviewing investment guidelines following their execution, coding such restrictions into the applicable compliance systems, and completing post-trade monitoring processes.

Ensure queries from across the business are answered in a timely and accurate manner
Contribute to the management of team mailboxes and attend daily team calls to allocate work amongst the team
Take ownership of Guideline Management projects such as coding recertifications, process automation initiatives and data analysis tasks
Maintain team procedures, policies, and other reference documents
Build a good understanding of the various investment strategies that Insight manage
Understand how the Guideline Management department fits into the business and gain a solid understanding of other key departments that they interact with, such as Fund Management, Client Solutions Group, Compliance, Legal and Corporate Risk. Build solid working relationships with key contacts from those areas
Attend various regular and ad-hoc internal meetings
Work with your Line Manager and Skills Coach to complete your Personal Develop Plan (PDP)
Log any learning activity undertaken in your online Learning Log (e tracker)

Where you’ll work

160 Queen Victoria Street

London

EC4V 4LA

Training

An apprenticeship includes regular training with a college or other training organisation. At least 20% of your working hours will be spent training or studying.

College or training organisation

FITCH LEARNING LIMITED

Your training course

Investment operations technician (level 3)

Equal to A level

Course contents

Service delivery: Capable of performing non- complex tasks to consistently high standards of client service, timeliness, accuracy and attention to detail. For example, ensures the timely preparation and accuracy of computerised cash position, valuation, and client reports; monitors and processes the timely allocation of investment income to client account; Ensures that client instructions relating to increasing or liquidating their investments are communicated and processed promptly. Manages own workload and adheres to agreed systems and processes. Meets required risk, regulatory and governance requirements.

Communication: Demonstrates high quality written and verbal communication skills with both clients and colleagues. Builds and maintains good relationships with clients and counterparties. Handles everyday situations and issues that arise within the context of their job role. Ensures transactions arising from corporate actions are correctly communicated and allocated to client accounts.

Team working & collaboration: Consistently supports colleagues and contributes towards making improvements and efficiencies. Aware of their role within the team, how their team fits within the business, and the impact of team decisions impacts on internal and external clients.

Ownership & Initiative: Takes ownership for delivery in their area of responsibility. Finds ways to progress and resolve non-complex issues, adopting alternative approaches where appropriate. Escalates decisions and issues swiftly when necessary.

Personal development: Participates proactively in planning and recording their development activities; responds positively to feedback from colleagues. Keeps up to date with changes in all areas of the role; shows commitment to the job and the industry.

Your training plan

You will work towards the Level 3 Investments Operations Technician Apprenticeship Standard; you can find out more about what the qualification covers here:

https://www.instituteforapprenticeships.org/apprenticeship-standards/investment-operations-technician-v1-0

You will also work towards the CISI Investment Operations Certificate.

More training information

Training is delivered by Fitch Learning and is hybrid.

Requirements

Essential qualifications

GCSE in:

English (grade 4)
Maths (grade 6 or above)
Any subject (grade A*-C)
Any subject (grade A*-C)
Any subject (grade A*-C)

Let the company know about other relevant qualifications and industry experience you have. They can adjust the apprenticeship to reflect what you already know.

Skills

Communication skills
IT skills
Attention to detail
Organisation skills
Customer care skills
Problem solving skills
Presentation skills
Administrative skills
Number skills
Analytical skills
Logical

Other requirements

You must have 5 GCSE at grades 4 and above, including English. For Math's we require a grade 6 or above. You must also have completed 3 A-levels or equivalent, minimum grades should be BBC, ideally one of these subjects would be in Math's, Economics, Physics or Computer Science . Please make this clear on your application that you meet both criteria's. .

About this company

Insight Investment is a leading asset manager focused on designing investment solutions to meet its clients’ needs. Founded in 2002, Insight’s collaborative approach has delivered both investment performance and growth in assets under management. Insight manages assets across its core liability-driven investment, risk management, full-spectrum fixed income, currency and absolute return capabilities. Insight Investment is owned by BNY Mellon, a global leader in investment management and investment services. Insight has a clear mission and purpose to offer investors a different approach to achieving their investment goals; one that prioritises the certainty of meeting their chosen objectives in contrast to the traditional focus on maximising return and minimising volatility. Insight takes responsible investment seriously. In our view, it is as an essential part of deciding whether an investment is fair value. Insight is a signatory to the Financial Reporting Council’s UK Stewardship Code4 and a founding signatory to the UN-supported Principles for Responsible Investment (PRI) in 2006. Insight has a global network of operations in the UK, Ireland, Germany, US, Japan and Australia. The belief that clients come first is integral to our value system. A strong client focus, combined with a culture of innovation, collaboration, diversity and inclusion is the environment we offer our colleagues.

http://www.insightinvestment.com (opens in new tab)

After this apprenticeship

There is an opportunity for permanent work upon successful completion of the apprenticeship.

Ask a question

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