Job Description
Job Details: Investment Fees and Reconciliations Junior AnalystThis is a key role within the Investment Control team, which is responsible for collating and reconciling the custodian data feeds, reporting of custodian data under Solvency II Regulation for both UPE and UI books of business to the Central Bank of Ireland and the calculation of fees on the UPE book. The role holder will be part of the Investment Reconciliations and Fees team and is responsible for ensuring the full end-to-end processes and procedures are followed so that best practice is consistently adhered to.Key Accountabilities:Monthly and Quarterly reconciliation of key data feeds from custodians for Solvency II reporting.Analysing policy tolerance discrepancies and investigating with both internal and external parties to be able to justify the movements.Keeping internal systems up to date by adding/closing policies and accounts, adding new entities and the maintenance of the Central Data Repository (CDR) database when new securities are identified as part of reconciliation.Loading the policy valuations to internal systems for Solvency II reporting and fees calculation.Generating the fee invoices and issuing to the relevant custodian banks.Downloading and processing the daily and weekly bank statements to internal systems to identify payments received.Issuing the broker commission statements once custodian payments have been received.Building a working relationship with an assigned number of custodian banks to ensure that data feeds are received in a timely and accurate manner and that the payment of outstanding fees is also as efficient as possible using all methods of communication available (email, phone).Monitor these relationships and identify any issues affecting customer satisfaction and report same to management.Support the collection of IDD and MiFID fees, reconcile the values against tolerances and assist operations in any queries related to the AVS process as necessary.Contribute to continuous improvement of operational processes and systems, with an appreciation of the concept of controls and risk management in a regulatory environment.Working as part of a team, assisting colleagues where necessary to ensure team deadlines are met within the allocated deadlines.Ability to be proactive and troubleshoot issues using own initiative and experience.Ad-Hoc Administration duties and project work as required.Required Knowledge, Skills & Behaviours:Be highly organised; used to working efficiently in a regulated environment applying a strong work ethic.Experience in dealing with Third Parties Custodians/brokers with the ability to solve issues efficiently and effectively.Experience working in a diverse, multicultural team would be an advantage.Demonstrate a strong track record of working within financial services operations.Be able to recognise the impact of external (regulatory, market, legal etc.) changes to the business.Able to manage, monitor and measure assigned work to deliver a high level of service.The ability to work under pressure and to meet tight deadlines while displaying strong attention to detail.Demonstrates strong organisational and communication skills.Solid knowledge of MS-Office Suite, especially Excel.Trustworthy and dependable to uphold high working standards when working remotely.Please note: This role can be based in our Navan or Dublin offices. #J-18808-Ljbffr