Job Details

Business Support Analyst - Investment

Sector:Financial Services

Region : Greater London

Location: London

Salary: Salary dependant on experience

Job Ref.: CL2108B

Job Information

Founded in 2004, our client manage three Asset Backed Commercial Paper conduits: The conduits issue highly rated A-1/P-1 commercial paper to the institutional investor community, and provide bespoke funding solutions to highly-rated banks and corporations.

They have offices in both London and New York.

The London office is looking for an entry-level employee to join a team of four experienced staff to support all functions within the organisation. The candidate should therefore be flexible enough to handle a variety of tasks that are currently being performed by the existing team. The team has historically operated with six staff, but with one partner retiring and one relocating to the NY office, our client needs to backfill with a motivated, flexible person who can learn a variety of roles to support different functions as necessary.

The support functions therefore mirror the existing functions being performed by the existing senior staff:

Legal / Documentation
•Establishing standard GMRAs, MRAs and ISDAs with counterparties;
•Liaise with external legal counsel - various Counterparties (banks);
•Liaise with in-house legal counsel (UK, Ireland and Cayman Islands);
•Co-ordinate all executed documentation/transactions (signed originals);
•Maintain and update the Company’s Agreement Data spreadsheet;
•Filing of all Agreements/Transactions - scanned/signed originals;
•Ad hoc projects to meet changing regulatory reporting requirements;
•Completion of Legal Forms where require;
•Ensuring all W-8BEN Tax Forms are up to date for each conduit and signed forms are in file (un-dated), should any external counterparties require them.

KYC Documentation
•Liaise with Counterparties re their requirements with regards to "Know Your

Client" documentation for each of the conduits/companies; logging all data sent out;
•Provide the relevant documents and follow up (sales progression), in order to start negotiations on certain documents (GMRA, MRA, GMSLA, ISDA/CSA)

Corporate Administration
•Preparation of Board Reports and financials;
•Invoicing monthly management fees to conduits.

Regulatory Reporting
•Providing quarterly data and results to Irish Central Bank;
•Providing financials and statistics to FCA.

Board Meetings
•Arrange and co-ordinate all Board Meetings (x3 conduits);
•Ensure all future Counterparties/Agreements that are being worked on are

listed to discuss at the next Board Meeting;
•Provide appropriate documents/agreements to all parties involved for

discussion;
•Provide Agendas, take Minutes and circulate to all parties involved;
•Document items approved by the Board.

Audit
•Audit commences (February through to May) - Assist back office if any reports are required re the conduits in order for the Audit to be finished in a timely manner.

Compliance
•Month end Compliance reporting - Share Trading Approval, Compliance Monitoring Reports, Gifts Inducement, FCA Fees (annually).

Sales & Marketing
•Assist and attend conferences, events and meetings on occasion with Head of Sales;
•Sales follow up - provide KYC and documentation to counterparties, following on from meetings the sales team have had;
•Obtain FCA Authorisation if not held already.

Operations

Act as primary back up to Head of Operations coverage:
•Booking trades in back office systems;
•Calling/responding to margin calls;
•Solving trade and settlement discrepancies
•Producing Investor Reports;
•Checking cash balances match and advising on margin adjustments for Liquidity Test Reports;
•Point of contact for back office;
•Reconcile all month end bank statements and deal with any issues that do not reconcile;

IT & Systems
•Work with IT on development projects (i.e. new trade types, new reports, auto-generating investor reports).