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Transactions Assistant - Graduate level

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Rothschild & Co

2mo ago

Applications are closed

  • Job
    Full-time
    Junior Level
  • Banking & Finance
  • Manchester

Requirements

  • Previous experience in a relevant Financial Services role desirable
  • Ability to work to tight deadlines and under pressure
  • Technical knowledge of key banking processes such as payments and stock transfers desirable
  • Good PC skills, particularly Outlook and MS Excel
  • Aptitude for Mathematics
  • Excellent oral and written communication skills
  • Diligent and high level of attention to detail even when working under pressure
  • Strong organisational and time management skills to ensure internal and external Service Level Agreements are met
  • Team player

Responsibilities

  • Review and approval of client payment instructions, aiming for a zero error rate
  • Verifying the authenticity of payment instructions by following the WM UKs payments policy and procedures
  • Initial point of contact for client teams regarding payment approval requests
  • Help to ensure that client teams are adhering to the instruction taking policy
  • Assist with error resolution and prevention of future errors within the transactions space
  • Identify possible improvements to team processes and the control environment
  • Transaction Support and Query Resolution:
  • Timely delivery of transactional requests initiated by client teams, including stock transfers, cost adjustments and account amendments, being conscious of cut-off times and delivery timescales
  • Answer technical questions around payments and transfers, referring to senior team members and Subject Matter Experts where appropriate
  • Liaise with Zurich Back Office and the client team to facilitate the smooth processing of payments and internal transfers
  • Reporting and Controls:
  • Assist senior team members in collating report data for Management / Risk / Compliance
  • Error reporting – ensuring sufficient understanding of the situation to report the error
  • Support the team in the delivery of any actions identified by various report monitoring activities
  • Ensure adherence to CASS regulations while following procedures for processing client cheques and physical assets
  • Additional Responsibilities:
  • Participate in business and employee initiatives to raise the profile of the Transactions team
  • Contribute to the delivery of Exceptional Client Service through consistent and accurate delivery of tasks

FAQs

What is the main purpose of the Transactions Assistant role?

The main purpose of the Transactions Assistant role is to provide day-to-day support to client teams in various locations, ensuring accuracy and diligence in the processing of payments, cash transfers, invoicing, and data maintenance, while also supporting the team in monitoring and delivering transactional activities.

Who will the Transactions Assistant report to?

The Transactions Assistant will report to a senior Transactions Specialist.

What are the key responsibilities of the Transactions Assistant?

Key responsibilities include reviewing and approving client payment instructions, verifying payment instruction authenticity, addressing client payment approval requests, assisting with error resolution, timely delivering transactional requests, answering technical questions, collating report data for management, and ensuring adherence to CASS regulations.

Is previous experience required for this role?

Previous experience in a relevant Financial Services role is desirable but not mandatory, as the position is targeted at graduate-level candidates.

What skills are essential for a Transactions Assistant?

Essential skills include excellent oral and written communication skills, strong attention to detail, ability to work under pressure, strong organizational and time management skills, good PC skills (especially in Outlook and MS Excel), an aptitude for mathematics, and being a team player.

What type of work environment should candidates expect?

Candidates should expect a varied and fast-paced work environment where they will need to deliver core responsibilities within agreed timescales while also being able to assist with urgent tasks as coordinated by senior team members.

How important is adherence to regulatory frameworks in this role?

Adherence to regulatory frameworks, particularly regarding compliance with Group Policy and CASS regulations, is critically important in this role to ensure proper processing of client transactions and mitigate risks.

Will the Transactions Assistant have direct contact with client teams?

Yes, the Transactions Assistant will be the initial point of contact for client teams regarding payment approval requests.

What type of training or support will the Transactions Assistant receive?

The Transactions Assistant will work closely with senior team members and other Operational teams for guidance and support, which will provide them with learning opportunities and resources to develop their career in financial services.

Are there opportunities for further involvement within the Transactions team?

Yes, the Transactions Assistant will participate in business and employee initiatives aimed at raising the profile of the Transactions team and can contribute to delivering Exceptional Client Service.

Rothschild & Co

We offer a distinct perspective that makes a meaningful difference to our clients'​ business and wealth.

Finance
Industry
1001-5000
Employees
1810
Founded Year

Mission & Purpose

Rothschild & Co is one of the world's largest independent financial advisory groups. We offer a distinct perspective that makes a meaningful difference to our clients’ business and wealth. With a team of 3,800 talented financial services specialists on the ground in more than 40 countries across the world, we provide independent advice on M&A, strategy and financing, as well as investment and wealth management solutions to large institutions, families, individuals and governments. As a family-controlled business that has been at the centre of the world’s financial markets for over 200 years, we can rely on an unrivalled network of specialists and are known for our track record of outstanding execution in financial services.

Benefits

  • Dental Insurance

  • Paid Holidays

  • Maternity & Paternity Leave

  • Flexible Spending Account (FSA)