Deal Implementation Specialist

About Schroders

We’re a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.

We have around 6,000 people on six continents. And we’ve been around for over 200 years, but keep adapting as society and technology changes. What doesn’t change is our commitment to helping our clients, and society, prosper.

The base

We moved into our new HQ in the City of London in 2018. We’re close to our clients, in the heart of the UK’s financial centre. And we have everything we need to work flexibly.

The team

The Deal Implementation Team (DIT) is a centralised dealing function for the UK Wealth Management business providing a variety of support functions to Portfolio Managers and the Investment Team, liaising with multiple stakeholders across the rest of the business. The team provides the deal implementation function for the Front Office and the transmission mechanism for the Investment Team output into client portfolios. The team is embedded within the Investment Team and reports into the Head of Investment Operations.

Who we’re looking for

The successful candidate will be a dynamic, confident self starter joining the Cazenove Deal Implementation Team. 

The role is based in London. The role may be performed remotely in line with Schroders’ guidance from time to time.

• Numerate;
• Ability to think clearly and calmly under pressure;
• Articulate complex situations in a coherent manner;
• Strong attention to detail and high aptitude for accuracy;
• Confident to communicate with a broad array of stakeholders across all levels and business areas;
• Enjoy working within a collaborative team environment and
• Happy to question the status quo and proactively engage with change.

What you’ll do

Main responsibilities will include

• Proactively managing and implementing significant order books on behalf of the Wealth Management Investment Committee, transmitting investment decisions into client portfolios;
• Managing internal unit trust portfolios which replicate the strategy set by the Investment Committee;
• Proactively managing and implementing significant model orders for the Direct Equity Committee;
• Accurately replicating these model changes across a large number of DIT delegated portfolios;
• Transitioning client portfolios into internal portfolio funds;
• Managing the daily FX and cash flows into internal portfolio funds;
• Weekly reconciliation of internal portfolio funds back to model;
• Reflecting direct equity model changes across numerous portfolios on a weekly, monthly and ad-hoc basis;
• Managing internal books for placings and IPOs;
• Calculating and implementing programme and block trades and liaising between the Dealing Desk and Portfolio Managers;
• Developing and maintaining spreadsheets which contain reference information used by Portfolio Managers;
• Assist in testing and implementation of systems changes;
• Act as central point of communication between Portfolio Managers, Dealing Desk, Settlements and other operational areas of the business, as well as external counterparties and custodians;
• Provide general administrative support to team manager as required;
• Produce reports and statistics to stakeholders when requested and
• A variety of daily, weekly and monthly reporting functions;

The knowledge, experience and qualifications you need

• Strong Excel skills ;
• Skilled at using MS Office;
• Eikon/Bloomberg experience and
• Understanding of dealing and settlement across different investment instruments.

The knowledge, experience and qualifications that will help

• Knowledge/experience of the investment industry;
• Back office/operations background;
• Experience of working for financial services’ businesses;
• IAQ, IOC or IMC and
• IT literacy – ability to develop using SQL and/or keenness to learn.

We recognise potential, whoever you are

Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought, facilitated by an inclusive culture, will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.