Investment Services Analyst

Salary: £35,000 Closing date: Wednesday, 22 March 2023 Contract type: Permanent The Wellcome Trust is a global charitable foundation. We improve health for everyone by funding science, leading policy, and advocacy campaigns, and building partnerships. We plan to spend £16bn over the next ten years, funding new discoveries in life, health, and wellbeing, and taking on three global health challenges: mental health, infectious disease and climate and health. These challenges need the bold science we support, but they won’t be solved by science alone. We are looking for an Investments Service Analyst (Middle/Backoffice) to join our team. Where in Wellcome will I be working? You will be part of the Investments Services Team within the Investments Team reporting to the Head of Investment Services. The Investment Services team provides Middle and Back-Office function support covering both Public and Private portfolios, for both Direct and Indirect investments. We engage the services of JPMorgan, who act as our Global Custodian, and Bloomberg AIM, for our Public Equity order management system, in the public markets domain. The private portfolio, consisting of Private Equity investments, Hedge Funds and Direct Co-Investments is primarily managed in-house, using a number of third-party services providers to manage cash flows and NAVs. What will I be doing? You will be part of the team that monitors the activities of our custodian, working closely with all internal stakeholders, Fund Accounting, Performance, Securities Lending, Proxy Voting, Foreign Exchange, Exchange Traded Derivatives, Compliance and Cash Management (via Ninety – One); Private investments, including Private Equities, Direct Private Co-Investments and Property are managed in-house using additional platforms such as Dynamo and Burgiss PI. Daily cash flows and quarterly valuations are primary functions that are managed within the 4-person team. As an Investments Service Analyst, you will:

• Public Equity - Process internally managed trade instructions, interact with global custodian and 3rd party brokers and vendors, processing derivatives transactions and processing within the public markets Order Management System, processing of Manager subscriptions and redemptions, Management of cash flows and funding of investment activities, foreign exchange processing, corporate actions, securities lending and proxy voting.Manage of cash transfers, payments and collateral requirements, investigation of overdrafts and cash breaks and highlighting urgent cash forecasts, reconciliations.
• Hedge Funds - Process and manage subscriptions and redemptions, monthly valuations, TA liaising, document management
• Cash – Manage and process daily cash flows liaising with manager
• Private Portfolio - Create cash flows (calls and distributions), valuation reports to custodian, monthly reconciliations, maintenance of Dynamo database (private equity system), quarterly valuations, legal agreement management and control.
• Regulatory/Compliance - Tax (annual US filings) and Compliance (daily monitoring), EMIR reporting, Proxy Voting, preparation of US tax requirements, Regulatory Reporting and Filing, Class Actions.
• Reporting – Production of daily Cash Flow report, Daily Valuation Report, Monthly and quarterly valuation reports and ad-hoc reporting; Ad-hoc – maintaining processes and procedures, ad-hoc investigations.

Is this job for me? We are looking for someone who is interested in being part of a Middle/Back-Office Investments team, with a view to building a long-term career in the sector. You must possess a keen interest in financial markets and practices and be eager to learn and help the team develop and grow and to continue to provide an optimal service to the Investment Portfolio Managers We are looking for someone who:

• Has three A levels at grade C or above, with preferably a degree in Economics/Business/Finance related subject or relevant entry level experience in financial operations.
• Has strong accuracy and attention to detail is fundamental
• Can effectively communicate with the team and with external stakeholders
• Has excellent time management skills, and able to quickly prioritise and work under pressure and to tight deadlines, as part of a team or independently.
• Must have initiative and be able to self-motivate at times when other members of the team are busy.
• Contributes to a diverse and inclusive culture across the organisation, collaborating across departments.

To apply please upload your current CV and complete our short application. Interview dates: beginning of April 2023 You can view the full job description on our website You can read more about the benefits we offer our employees on our website Ways of working We understand that our colleagues have commitments and personal interests outside of work and we strive to build a flexible working environment, in which people can perform at their best. We are currently working 2 days per week (Tuesdays and Wednesdays) from our Euston Road offices (as part of our hybrid Ways of Working) with the remaining 3 days from home. Diversity and Inclusion is at the heart of everything we do Diversity and Inclusion is a priority at Wellcome. We are committed to cultivating a fair and inclusive environment, where everyone can be themselves and thrive. We are happy to discuss flexible working options for all roles. We work to ensure that our recruitment processes are as inclusive as possible to everyone. This includes making adjustments for people who have a disability or long-term condition. Please visit our website for more information on adjustments and accessibility, or contact us at jobs@wellcome.org. #LI/CD