Employment Type
Fixed Term Contract
Role Profile
Product Support acts as a key component in the control of internal data and security setup to aid in the smooth running of the Fusion system and the servicing of the Investment Department as well as within the Operations department and other areas across Mediolanum Irish Operations. The primary purpose is to control static & historic data, new security setup across all asset classes, the handling and processing of various corporate actions and resolve various reconciliation breaks that impact the management of the portfolios. The work is varied, and no two days are the same as it consists of different BAU tasks as well as project work and various testing functions. Extended knowledge and experience of the markets and different securities, including OTC’s, ETD’s and Exotic Bonds will provide an opportunity to become an SME for this role. The candidate must be flexible and able to work to tight deadlines but maintain the very highest standards of the organisation.
Duties
Owns responsibility for a wide range of trade support and product/security set up, straight through processing duties and for the whole settlement, cash and life cycle process across a wide range of asset classes and markets
Owns responsibility for pre-matching, trade affirmation and confirmation against counterparties and instructing on various trade types
Monitors all life product events (coupons, expenses, management fees, maturities, etc.), carries out fund activities (i.e. valuations, NAV checks) and maintains daily contact with funds administrator and custodian on BAU activities. Responsible for all BAU Product Support functions for portfolios.
Performs data analysis and reporting to assist in the development of business, financial and regulatory reports and general data analysis to support change and management reporting
Owns responsibility for trade, position and cash reconciliations, investigating and resolving breaks as appropriate. Responsible for the setting up of new funds, portfolios, delegates and the maintenance of the portfolio structure.
Reviews procedures and processes on an ongoing basis – identifying areas for improvements and implementing changes where necessary in relation to industry standards, commercial viability and ensuring they are fit for purpose
Responsible for the upkeep and maintenance of the securities database in Fusion and the process of defining instruments, markets, currencies, tax tables and other associated functions that have a direct impact for the Investment team and the Fusion platform
Skills & Competencies
Ability to effectively and extensively interact with all levels within the company (from entry level trainees through to senior managers).
Ability to work in a deadline driven environment.
Quick learner who can follow instructions and act independently when appropriate.
Organised individual who can self-manage multiple priorities, routine work and urgent issues as they arise. The ideal candidate is focused on resolving issues quickly.
Strong communication, presentation, and relationship management skills.
Extreme attention to detail and organisational skills.
Risk and control awareness.
Be highly collaborative and team oriented.
Effective analytical ability.
Excellent verbal, written and numeric skills. Italian language skills are desirable but not mandatory.
Qualifications & Experience
The candidate will have 3-5 years’ relevant experience
Good front to back understanding of Fund / Asset Management processes.
Strong knowledge of and experience dealing with the following asset types- Funds, Equities, Bonds, FX, Credit, Exchange Traded Derivatives & OTC’s.
Awareness of all relevant industry regulations.
Awareness of industry standards, initiatives and core IT systems.
Excellent organisational and time management skills.
Working knowledge of the following systems would be a distinct advantage, Bloomberg, FusionInvest.
Appropriate 3rd Level Qualification.
