Reconciliations & Custody Control Analyst London • Edinburgh

LGT Wealth Management UK LLP is a UK-based partnership, wholly owned by the private banking group LGT, which is in turn owned by the Princely Family of Liechtenstein. When we set up LGT Wealth Management in 2008, our aim was to offer a fresh approach to wealth management. Alongside the LLP we also have two other entities which focus on US and Jersey based clients. Our head office is based in London however we have a presence in Edinburgh, Jersey, Leeds, Birmingham and Bristol. The plan was simple: put our clients first by providing a transparent service, designed around what is right for each of them. By drawing together in-depth knowledge and experience from across the industry, we provide a flexible, bespoke service adapted to each of our clients’ needs.
Our mission is to create long-term value for all stakeholders. Our culture encourages individuals to generate, develop and implement ideas which will strengthen our business. Belonging, respect, integrity, conviction and entrepreneurship are our core values. As our brand recognition grows, we are fast becoming an employer of choice in our sector. We have over £29 billion in funds under management and circa 700 staff.

Brief Role Objective:

To provide effective reconciliations and custody control support within Custody Services, ensuring the accurate and timely completion of daily and periodic cash and asset reconciliations, including Unit Trust reconciliations, and the prompt triage, investigation and resolution of all breaks.

The role is responsible for producing key control reporting (including the daily CMR calculation and funding confirmations), maintaining robust oversight of open items, and retaining complete and accurate evidencing to support CASS reporting, management information and audit requirements.

Working closely with stakeholders across Custody Services, Finance, Client Services and CASS this is a key role to ensure we meet our regulatory requirements.

Key Responsibilities:

• Produce daily CASS 6 & 7 reconciliations in Autorek; triage breaks; and liaise with relevant teams to provide clear commentary and drive timely resolution.
• Produce the monthly Unit Trust reconciliation by tracking receipt of fund provider statements, investigating differences and resolving/clearing breaks.
• Perform the daily CMR calculation and confirm associated funding requirements.
• Produce daily control reporting and maintain oversight of open items until closure.
• Support the ongoing development of Autorek to enhance reporting, strengthen controls and improve process efficiency.
• Retain complete and accurate evidencing to support internal/external audit requests and regulatory reporting.
• Review and maintain procedures and policies, ensuring documentation remains accurate and up to date.
• Support cross-business projects, assessing and delivering required changes impacting Reconciliations and/or Custody Control.

Technical Requirements:

• Competent in all MS Office products - especially Excel
• Knowledge of FNZ’s Figaro system is desirable
• Knowledge of Autorek (or other reconciliation platforms) is extremely desirable
• CASS 6 & 7 knowledge

Other skills, competencies and attributes:

• Bachelor's degree in accounting, finance or related field, or equivalent work experience
• Wealth management and/or Financial Services experience gained within an Operations environment
• Highly proficient in cash and asset reconciliations with proven ability to investigate and resolve reconciliation breaks, escalating appropriately and documenting root cause and outcomes
• Demonstrable knowledge of CASS reconciliations
• Highly numerate and accurate with an investigative approach to problem solving.
• Excellent verbal and written communications skills, and excellent time management abilities
• Strong attention to detail with the ability to deliver accurate outputs to tight daily deadlines
• Control-minded approach, with experience maintaining complete audit trails and evidencing in line with regulatory and internal standards
• Intermediate Excel skills (e.g., pivot tables, lookups) to support investigation, reporting and MI production
• Confident stakeholder management skills, with the ability to communicate issues, risks and progress clearly to operational and control functions
• Continuous improvement mindset, including experience identifying process control gaps and supporting automation/change initiatives