Investment Operations Associate

The role

You will run the day-to-day back office for the investment business. This involves processing client transactions, maintaining accurate position and cash records, and producing reporting for institutional clients.

What you will do

• Process client transactions from instruction and confirmation through to settlement and maturity
• Reconcile positions and cash daily against counterparty records and investigate breaks
• Calculate month-end client yield and fee accruals
• Prepare monthly client statements
• Support the Bank's collateral custody service
• Maintain client records and supporting documentation
• Respond to client, counterparty and audit queries
• Keep operating procedures current
• Flag operational and regulatory risks early
• Help move manual steps into the Bank's back-office tooling

Required qualifications

• One to four years in an operations, finance, fund administration or client servicing role at a bank, broker, asset manager or fund administrator
• Careful, numerate approach
• Strong Excel skills and comfort working with large data files
• Composure under month-end and reporting deadlines
• Clear written English for correspondence with counterparties and institutional clients
• Discretion in handling confidential client information

Nice to have

• An understanding of securities settlement mechanics, fixed income or repo
• Exposure to digital assets or collateral management
• Experience with a custodian, prime broker or fund accounting platform
• Familiarity with client onboarding or tax documentation
• Experience documenting procedures or specifying requirements for operations tooling

About the company

Pave Bank is the world’s first programmable business bank. It was built by the founders behind Monzo and BigPay.