We have an opportunity for a Asset Servicing Analyst to join our Investment Operations Division here in the Isle of Man on a permanent basis.

Who we are

Nedbank Private Wealth is a multi-award-winning private bank and wealth manager headquartered in the Isle of Man, with branches in London, Jersey and a representative office in the UAE. The company provides a full international wealth management offering through its wealth planning, investment management, and banking services, to both business and private clients worldwide.

All our people are expected to consistently demonstrate our 6Cs, Collaboration, Curiosity, Courage, Client Impact, Can Do Attitude and Completeness.

Job Purpose

The Asset Servicing Analyst is responsible for administering the Corporate Actions and Income processes in relation to the assets held by clients of Nedbank Private Wealth. The position sits within the Investment Operations Asset Servicing Team.

Responsibilities & Duties

• Administering all aspects of the lifecycle of a Corporate Event, including communications, entitlements reconciliation and collating elections
• Processing all types of Corporate Action transactions
• Processing multicurrency distributed income payments (cash dividends), reinvested dividends, money market dividend accruals, and undistributed income (accumulation dividends)
• Administration of events via our Global Custodian, including submission of elections
• Investigating and rectifying asset and cash reconciliation items
• Administering restricted liquidity and other impaired assets
• Administering shareholder disclosure requests
• Responding to a diverse range of ad-hoc queries across Asset Servicing
• To safeguard client assets by ensuring client asset rules are followed for all appropriate jurisdictions.
• Adhering to regulatory reporting requirements (Mifid reporting, etc.) in relation to Corporate Action transactions
• Journal input and foreign exchange instructions
• Developing relationships with clients, intermediaries and custodians
• Production of income reporting and trading statements
• Ensuring any Asset Servicing errors are resolved promptly, with the required incident reporting completed timely and improvements identified to prevent reoccurrence.
• Managing the various dedicated Corporate Actions and Income mailboxes
• Providing cover for other areas within the Asset Servicing team where training has been received.
• Proposing change in order to improve existing processes and systems.
• Undertaking User Acceptance Testing for the Asset Servicing Corporate Actions and Income processes, including periodic system upgrades
• Undertaking project work and/or ad hoc tasks as directed by Asset Servicing Specialist or Asset Servicing Manager

• Excellent interpersonal skills with the ability to develop strong relationships within the company and with third parties
• Excellent oral and written communication skills with the ability to communicate effectively at all levels
• Show the ability to work on one’s own initiative, reacting quickly and appropriately to situations without prompting, prioritising workflows to meet demands accordingly
• Ability to work under pressure and meet deadlines with a high degree of accuracy
• Respond quickly and effectively to client demands
• Organisation and time management skills
• Demonstrate initiative, adaptability and flexibility in order to cope with the ever-changing demands of the role
• Able to think in a creative manner to deliver innovate solutions
• Strong analytical and problem-solving skills
• Excellent organisational skills
• Excellent attention to detail
• A positive and flexible approach to work
• Demonstrate an organised approach to the job, working closely with other team members to provide efficient feedback as required by both clients and the team

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• Previous administrative experience within Financial Services - Essential
• Investment administration experience - Desirable
• Knowledge and understanding of corporate actions and income related events - Desirable
• Knowledge and understanding of asset types - Desirable
• Proficiency in Microsoft Office applications, particularly Word, Excel, and Outlook