Collectives Dealer

Job Description

We’re looking for a Collectives Dealer to join our Dealing team at AJ Bell. This is a hands-on investment operations role responsible for the accurate and timely execution and contracting of Collective Investment Scheme trades across our investment platforms and for our Custody Solutions clients.

You’ll work closely with fund providers, transfer agents, custodians and internal teams to ensure trades are placed, contracted and settled correctly, while investigating exceptions and resolving queries along the way.

It’s a great opportunity for someone with experience in collective investment dealing, fund operations or investment operations who enjoys working in a fast paced environment where accuracy, deadlines and customer outcomes matter.

What you’ll be doing

• Monitor STP dealing channels and manage trades requiring manual placement or exception handling.
• Ensure fund trades are placed accurately and within relevant fund cut-off times and service levels.
• Complete trade contracting accurately and within agreed SLAs.
• Investigate and resolve dealing and operational queries, taking ownership through to resolution.
• Work with external counterparties including fund providers, authorised corporate directors, transfer agents, Clearstream, Aegon, EMX and Calastone.
• Process FX transactions to support currency fund trading and internal trade requirements.
• Work closely with our Platform Investments team to ensure funds are set up correctly, with accurate pricing and static data.
• Support the Market Settlements team with the timely settlement of fund orders.
• Monitor daily reconciliations, investigate breaks and ensure these are resolved within agreed timescales.
• Process trade amendments accurately and promptly.
• Process Private Placing trades in line with relevant procedures and regulatory requirements.
• Support system testing, process improvements and operational change across the team.
• Provide cover across the wider team where required to maintain service levels.
• Deliver a consistently high standard of service to internal and external customers.

What we’re looking for

• At least one year’s experience within a front-office, middle-office or similar investment operations environment.
• Experience of processing or dealing in Collective Investment Schemes.
• A good working knowledge of collective investments and the associated trade lifecycle.
• Experience of working to fund cut-off times, operational deadlines and service levels.
• Strong numerical skills and excellent attention to detail.
• Confidence investigating discrepancies and resolving operational issues.
• Good Excel skills, with the ability to analyse and interpret operational data.
• Strong written and verbal communication skills.
• The ability to manage competing priorities while maintaining accuracy.

Experience working with custody clients, fund providers, transfer agents or dealing counterparties would be advantageous, as would exposure to STP dealing, trade contracting, reconciliations, exception management or systems testing.

About AJ Bell

At AJ Bell, we believe investing should feel good. Whether you're looking for an ISA, pension or dealing account, whether you want to invest with the help of a financial adviser or do it yourself, we have easy-to-use solutions to suit people from all walks of life.

We're one of the UK's fastest-growing investment platform businesses, trusted by everyone from professional financial advisers to first-time investors.

Today, over 762,000 customers trust us to manage more than £121.5 billion of assets. By continually striving to make investing simpler and more accessible, we're helping more people take control of their financial futures.

We're proud to be recognised as one of the UK's Best 100 Companies to Work For for six consecutive years, and a Great Place to Work in 2025 and 2026, a reflection of our supportive and collaborative culture.

What we offer

• Salary from £35,000
• 25 days holiday, increasing with service + buy/sell scheme + bank holidays
• 6% Pension with matched contributions
• Discretionary bonus scheme
• Share schemes (including free shares and BAYE)
• Health Cash Plan and discounted private healthcare
• Free onsite gym
• Enhanced family leave (subject to qualifying criteria)
• Travel and bike loan schemes
• Employee Assistance Programme

Life at AJ Bell

• Regular social events including summer and Christmas parties
• Learning and development opportunities tailored to you
• Casual dress code
• Friendly, supportive team environment

Our ways of working

We offer hybrid working, with a minimum of 50% of your working time per month spent in the office.

For new starters, there’s an initial period of full-time office working to help you settle in and build relationships.

Inclusion & diversity

We’re committed to creating an inclusive environment where everyone feels respected and able to be themselves at work.

We welcome applications from all backgrounds and make hiring decisions based on skills, experience and potential.

Additional Information

Very competitive benefits