Summary Of Role
This is a perfect opportunity for an enthusiastic person to make an impact in a new, dynamic team that is expanding and gaining more responsibilities within the wider Investments Line of Business.
As a Lead Associate you will work within the delegated Onboarding team as a senior member of the Client and Manager Onboarding sub-functions. Your key responsibilities will be to on-board clients for fiduciary services and new managers to allow client investments. In addition, you will be asked to oversee the completion of tasks by the analysts in the team and to review work completed to ensure it meets client expectations and is in line with the Company's Excellence policy. With the support of an in-house senior funds lawyer, you will also be responsible for reviewing and identifying issues in legal reviews prepared by our external lawyers on investment terms of third-party managers that could impact our clients' investments, and the appointment of sub-investment advisors to provide general advice to our in-house funds.
The role will initially be home based and then from our Reigate office when we re-open buildings. There may be some flexibility to work from our office in central London on an adhoc basis. At WTW we value personal development and will facilitate training to ensure you maintain and strengthen your technical knowledge and skillset. The Role
The Manager Onboarding sub-function is a diverse subsect within the broader Onboarding function, focusing on the Onboarding of new investment managers, which includes coordinating all investment related tax/legal documentation on behalf of our clients and in-house funds. We work alongside the trade management and portfolio management teams, our internal and external lawyers, and third-party asset managers, to ensure we meet the investment requirements of our clients and in-house funds prior to investing them in a third-party managed fund. This will require the ability to showcase strong communication skills and leadership to ensure the team maintains a strong rapport with internal and external stakeholders. It will also involve collaborating effectively with colleagues of different professional levels, the ability to manage multiple tasks and to apply your knowledge and experience to identify relevant legal and commercial issues.
The main aspects of the role are to:
- Instruct and coordinate on behalf of colleagues the tax and legal review of third-party asset manager fund documentation as well as other investment-related contracts, including but not limited to, client investor side letters and investment management agreements.
- Understand the commercial and legal requirements or our clients and in-house funds with a view to assist in identifying issues in legal reviews prepared by our external lawyers that are not market standard and/or would otherwise prevent such clients and/or in-house funds from investing in a third-party managed fund.
- Adhere to our Excellence principles to ensure that any work undertaken is completed in a manner that adds value of the highest quality to our clients.
- Learn about the wider investment consulting business and provide specialist recommendations and guidance to the client consulting teams and portfolio management teams regarding the legal review coordination process.
- Clearly and confidently communicate with colleagues and external parties at all professional levels.
- Assist with KYC/AML queries from third-party managers and/or their administrators and coordinate the resolution of ad hoc legal and/or tax queries.
Other key areas of responsibility could include:
- Providing subject matter expertise necessary to lead on projects.
- Ensuring appropriate processes and controls are in place to achieve the timeliness and accuracy of deliverables.
- Supporting and development of other members of the team.
- Managing relationships with key stakeholders both within the wider Operations team and the Investments business as a whole and with external service providers.
- Applying previous experience to improve existing, and develop new and efficient, processes.
- Maintaining and utilising internal databases.
- Reviewing and producing management information reports.
This role is suited to an individual with:
- A legal background, preferably as a paralegal or similar capacity within an investment funds or general corporate department of a City or international law firm.
- A working knowledge of Microsoft Office Suite (Excel, Word, PowerPoint and Outlook).
- An ability to ensure tasks and key deliverables are timely and effectively met by the team.
- Strong verbal and written communication skills.
- Some experience supervising a team advantageous but not essential.
Equal opportunity employer