MiFIDII costs and charges specialist - Investment industry

  • Full-time

Company Description

The pensions system involves lots of money, lots of people, and lots of regulation. The results though are complexity and layer upon layer of fees and charges.

Started by ex-FCA disclosure group chair and tech entrepreneurs, ClearGlass is bringing much needed transparency to pensions. It's digital platform sits between pension funds and asset managers, providing pension scheme decision-makers with the tools and data that will help them invest consumers’ long-term savings into better value-for-money funds. 

Launched in Jan 2019, ClearGlass has added 450+ fund managers to its platform including the likes of BlackRock, Legal & General, Schroders and others. It has already served 30% of the 1bn+ pension funds market in the UK and counts GE, RBS, Royal Mail, Co-op and others as some of its blue-chip clients.

Job Description

Reporting to: Head of Operations
Direct Reports: None
Other regular relationships: Product, Client Relationship Management, Technology, Third-Party Data Providers

We are looking for a cost and charges technical expert within the investment management industry who will be the gatekeeper to every data point that is entering into our database via the asset managers. You will be the expert within the company who everyone will refer to whenever there is a technical question about the CTI, MiFIDII, ILPA templates - internally and externally. You will help us build our knowledge base that we can use both externally and internally to onboard team members and asset managers. Its a very hands on role where you will be working very closely with the operations team to understand the challenges faced by them and the asset managers and work with the engineering team to implement product centric solutions.

Qualifications

Essential Experience/Skills

  1. Experience working on PRIIPS and MiFID II, as well as some transactional reporting knowledge. 

  2. This role requires an in-depth knowledge of the investment management industry 

  3. Advanced excel skills

  4. Well-organised and diligent in following through

  5. Interested in working in a data-focused role. An ideal candidate is someone who enjoys details and is very meticulous. Design product centric solutions by analysing the data collected from the asset managers.

  6. Interested in working in a startup environment

Desirable Experience/Skills

  1. Experience in operations, fund accounting or client reporting in asset management or investment consulting or business analyst

  2. Experience in implementing any of the cost and charges framework within an asset manager 

  3. Knows SQL, Python

In the 1st 6 months

  1. You will be working very closely with the operations and product team to define the data validation rules that will be integrated into our product and eventually help improve the ClearGlass algorithm that automates the data validation process

  2. Assist operations team on various queries from asset managers

  3. Identify patterns in data provided by asset managers and work with them to improve the quality of data provided by them

  4. Improve the data validation process to real time checking of data and reduce the lead time

  5. Eventually improve the quality of data that is delivered to clients and reduce the no. of errors 

Additional Information

Benefits 

  1. Feel good factor/ impact driven work - Be part of the journey that is creating an impact in people’s lives after retirement. The work we do has a direct impact on the size of someone’s retirement pot.

  2. Ownership driven work - you own problems within the organisation and not an implementer of someone else’s idea. You have the ability to design solutions and work with multiple stakeholders to implement them

  3. Job stability - ClearGlass is very well funded by top tier VCs and can provide job stability in the Covid world

  4. Stock Options - we would love every employee of ClearGlass to have stock options

  5. Flexible work environment - we are working from home currently but will slowly move to a hybrid set-up; we offer support (incl. financial) to set-up your home office.

  6. Salary - £30,000-£45,000