Closing Date
Contact Email Address
Contact Name
Olivia Pickering

Rathbones is one of the UK’s leading providers of discretionary investment management services for individuals, charities and professional advisers.

Our ambition is to be recognised as the UK’s most responsible wealth manager and we see it as our responsibility to invest for everyone’s tomorrow. Looking beyond the short term for the most sustainable outcome. Thinking, acting and investing responsibly. In a reflection of our achievement so far, we were recognised as "ESG Champion of the Year" in the Investors' Chronicle/Financial Times 2021 Celebration of Investment Awards.

Job Title: Fund Accounting Oversight Executive
Salary: Competitive with an excellent benefits package
Reference Number: VAC 2408
Duration: Permanent
Location: Liverpool

Please ensure that you quote reference VAC 2408 on all correspondence.

The Role
•    Assist the Fund Operations Oversight Manager and Assistant Manager with the oversight of HSBC Fund Accounting as RUTM’s third party administrator. 
•    Look for ways to enhance oversight, implementing and continuously developing a robust monitoring schedule.
•    Assist the Fund Accounting Oversight Manager with managing projects which are being lead by the Operations Team
•    Assist the wider team on various ad hoc projects and following changes (e.g. new fund launches) facilitate the necessary amendments to the team’s schedule. 
•    Deputise for the Fund Accounting Oversight Manager when necessary.

Outcomes of the Role

•    Assist in the management of HSBC FA to ensure issues are resolved and preventative measures implemented.
•    Attend monthly calls with HSBC to monitor KPIs and continually develop working relationships with their relationship managers and wider teams.
•    Ensure TPA SLAs are robust and up to date.
•    Ensure TPA contracts are stored in a central location. 
•    Prepare reports for quarterly meetings of the Outsourcing Governance Committee and Fair Value Pricing Committee.
•    Attend the Fair Value Pricing Committee and provide minutes.
•    Attend industry seminars and user groups to keep up to date with regulations and other industry developments. 
•    Work with the Head of Fund Accounting to develop a network of peers within the industry.
•    Conduct due diligence during visits to HSBC Edinburgh and HSBC Luxembourg.
•    Maintain a robust monitoring schedule.
•    Understand and document the operational resilience of HSBC, in line with FCA guidance.
•    Ensure oversight work is evidenced to allow regulatory checks.
•    Be aware of FCA and CSSF regulations and ensure changes are reflected in the team’s oversight. 
•    Assist in the preparation of the reports and accounts for regulated funds to ensure they are published in the permitted timeframe.
•    Calculate the synthetic OCF semi-annually.
•    Liaise with external auditors. 
•    Attend project calls and assist the Fund Accounting Oversight Manager with maintaining project documentation. 
•    Prepare minutes for committees and project meetings as required.

Knowledge & Experience
•    At least 1 year experience in a role within the Fund Industry.
•    Educated to at least A level or equivalent with good GCSE Maths and English.
•    Intermediate Word and Excel skills required to include various Excel functions such as VLookup.
•    Experience at working on projects.
•    Experience at minute taking.
•    Must enjoy working in a small team.
•    A flexible approach will be required and there maybe a need to work late from time to time.
•    Good telephone manner essential.
•    Good attention to detail and accuracy.
•    Good organisational and time management skills.

Rathbones promote a blended working approach and the role will be a mixture of home and office working.

To apply for this role, simply send your CV with a covering letter outlining how you meet the requirements of this role, current remuneration and notice period to People Resource Partner at

Life at Rathbones
We aim to become an employer of choice for the wealth management sector, to achieve this we are working hard to build a diverse, equal, and inclusive workplace that motivates, develops and embraces the strengths of all our colleagues. Being part of Rathbones means you will join a team of passionate professionals in a successful culture that cares for its people. At Rathbones, we provide meaningful work, opportunities, and a voice to all.
We are committed to building a team that is made up of diverse skills, experiences and abilities and encourage applications from all backgrounds. We welcome individuals who share our values – those that are passionate about client service, operate with the highest levels of integrity and have a strong results focus.
Our Rewards & Benefits
We offer a comprehensive remuneration package, which is regularly reviewed. Other benefits include company pension, private medical insurance, life assurance, company share scheme, income protection, season ticket loans and a range of other voluntary benefits.