Assistant Investment Manager
Full TimeJob Overview
As an Assistant Investment Officer, your role will be to support the Isle of Man Portfolio Managers / Directors by managing and developing key relationships with clients and to execute the clients’ instructions (whilst under the guidance of a mentor, complying with all policies and procedures).
Key Responsibilities
- To work closely with the team to assist them to execute deals on Avaloq
- To assist the Portfolio Managers / Directors as required, by:
- Providing administrative support as required;
- Effecting transactions as instructed in a timely manner;
- Maintaining knowledge and awareness of the company’s investment methodology;
- Keeping abreast of regulatory changes and market proactive to ensure that all dealings on behalf of clients are in compliance with all relevant rules and regulations and that investments recommended/made are suitable for the client in question and that the client is able to pay and deliver stock;
- Checking the performance of investments and updating the Portfolio Manager/clients as agreed;
- Preparing investment valuations and proposals.
- To work with the Client Services team to improve and enhance workflows within Avaloq and make recommendations for change.
- To work with other teams on company projects.
- To build and effect re-modelling transactions in a timely and efficient manner.
- To build an understanding of financial markets and related instruments.
- To undertake research in pursuit of an understanding of a range of asset classes and portfolio construction.
- To produce and analyse a range of statistical information across Portfolio Management and Client Services.
- To become a competent user of Avaloq & other investment management systems and be available to offer assistance wherever possible to other users.
- To be responsible for the ongoing completion of CPD and attend on-going professional training courses and events where required.
- To take an active part in business development efforts on own initiative and as directed.
- Attend out of hours client events where necessary
Skills, Knowledge and Expertise
Technical /Qualifications
- A solid educational background through GCSE’s, A-Levels (or equivalent) and undergraduate degree (preferred)
- A keen interest in the markets
- Ability to complete relevant professional qualifications and achievement of annual CPD where required
Systems/Internal Processes
- Experience of using Microsoft office including Outlook
- Ability to acquire a comprehensive understanding of Avaloq and the Client Onboarding process
- Ability to quickly become proficient in various internal systems
Regulatory Awareness/Compliance
- Ability to obtain a good understanding of financial regulations in the Isle of Man and to keep abreast of regulatory changes and market practice to ensure that all dealings on behalf of clients are following all relevant rules and regulations.
- To comply with;
- Financial Services Act 2008
- Financial Services Rule Book 2016
- Regulated Activities Order 2011
- Anti-Money Laundering and Countering the Financing of Terrorism Code 2019
Core Competencies/Skills
- Ability to understand the needs of the client and develop excellent relationships
- Ability to develop, build and maintain strong relationships in the Isle of Man and the rest of Canaccord Wealth
- Good interpersonal and communication skills with the ability to negotiate with internal and external parties
- Ability to work calmly under pressure to tight deadlines and to cope with changing priorities
- An analytical mind with the ability to apply investment methodology
- An understanding of the markets including an awareness of emerging trends
- Ability to work independently as well as part of a team
- Excellent attention to detail
- Professional and hardworking with a flexible can-do attitude
- Results focussed