Financial Administrator – Venture Capital Trust

Location: Blackpool
Salary: £25,000-£27,500
Contract: Permanent
Working Pattern: Full time, hybrid working after probation period

About the Role

We are recruiting for a Financial Administrator to join a busy financial services operations team, supporting the administration of a specialist Venture Capital Trust investment.

This is a varied role combining investment administration, financial operations, shareholder support, transaction processing, reconciliations and regulatory administration. You will play an important part in ensuring that investor activity and fund-related processes are completed accurately, efficiently and in accordance with regulatory requirements.

The role would suit someone with previous experience in financial services administration, investment operations, fund administration, wealth management or banking operations who is looking to develop their career within a specialist investment environment.

Key Responsibilities

• Manage and respond to queries from shareholders, investors, financial intermediaries and other relevant parties.
• Support the accurate processing and recording of investment and financial transactions.
• Complete regular reconciliations between internal records and bank transactions, investigating and escalating discrepancies where required.
• Assist with the processing of supplier payments and maintain accurate financial records.
• Support the preparation and submission of regular Net Asset Value information and other relevant market disclosures.
• Assist with the administration of Venture Capital Trust share buybacks, including maintaining accurate records and ensuring relevant information is appropriately updated.
• Process new Venture Capital Trust investment applications and complete the associated administration before and after share allotment.
• Carry out appropriate anti-money laundering (AML) and client due diligence checks on applicants, requesting further information or documentation where necessary.
• Process share and agency transfer requests, ensuring all relevant records are accurately maintained.
• Maintain accurate investor, transaction and departmental records.
• Assist with management information, key performance indicators and regular departmental reporting.
• Support ad-hoc analysis, projects and process improvement initiatives as required.
• Maintain effective electronic and physical filing systems in line with internal procedures and data retention requirements.
• Ensure all activities are completed in accordance with relevant regulatory, compliance and internal requirements.
• Keep up to date with developments within the investment and financial services industry.
• Undertake any other reasonable duties required to support the wider operations team.

About You

We are looking for an organised and detail-focused individual with experience within a financial services environment.

You will ideally have experience in areas such as:

• Financial or investment administration
• Fund or investment operations
• Wealth or asset management
• Banking operations
• Client or shareholder administration
• Transaction processing and reconciliations
• AML, KYC or client onboarding

Experience of working with Venture Capital Trusts or investment funds would be beneficial, although transferable financial services experience will also be considered.

You will need to be confident working with financial information, handling sensitive documentation and managing multiple tasks while maintaining a high level of accuracy.

Skills & Experience

• Previous experience in a financial services, investment or operational administration role.
• Strong attention to detail and a high level of accuracy.
• Good organisational and time-management skills.
• Confident communicating with internal and external stakeholders.
• Strong written and verbal communication skills.
• Good working knowledge of Microsoft Excel, Word and Outlook.
• Comfortable working with financial data, transactions and reconciliations.
• An understanding of AML, KYC and wider financial services regulatory requirements.
• Ability to follow established processes while identifying and escalating potential issues.
• Experience using financial services platforms would be advantageous.
• A proactive approach with the ability to work independently as well as collaboratively within a team.

This is an opportunity to join a specialist team where you will gain exposure to a broad range of investment administration, fund operations, investor servicing and regulatory processes.