Investments Data and Operations Manager

Closing date:  Thursday, 24 April 2025

Contract type: Permanent

The Wellcome Trust is a global charitable foundation. We improve health for everyone by funding science, leading policy and advocacy campaigns, and building partnerships.  

We plan to spend £16bn over the next ten years, funding new discoveries in life, health, and wellbeing, and taking on three global health challenges: mental health, infectious disease and climate and health.  

These challenges need the bold science we support, but they won’t be solved by science alone.  

We are looking for an Investments Data and Operations Manager to join our team.  

Where in Wellcome will I be working?  

You will be working in the Data and Operations team within the Investments division reporting to the Head of Data and Operations  

The Data and Operations team directly supports the portfolio managers and analysts who jointly manage Wellcome’s £37billion investment portfolio, which is diversified across public and private asset classes with an overall objective of generating returns to fund the Trust’s mission.

The team is responsible for ensuring the smooth running of the investment process day-to-day and for the provision and management of timely, accurate and consistent data to portfolio managers, analysts and key stakeholders alike. To achieve these goals, the team works closely with service providers, counterparties, systems vendors and key internal parties and carries out a number of critical tasks on a regular and ad hoc basis.  Additionally, the team is involved in several continuous improvement initiatives aimed at making our operating model more efficient and cost effective, to deliver value to the Trust and to therefore support the overall mission.

What will I be doing?  

The aim of the role is to enhance the efficiency and effectiveness of Wellcome's investment operations by providing robust support in daily tasks and ensuring optimal utilisation of core investment systems through the effective provision and management of key investment data. This requires  a deep understanding of data flows and governance best practices, empowering the investment team with accurate and timely reports and dashboards.  The role also contributes to strategic improvement initiatives by providing opportunities  to lead and participate in various projects, helping to shape future process improvements  and deployment of systems through design, testing, and analysis,  providing  expert operational and data management insights to facilitate informed decision-making and innovation.  

As an Investments Data and Operations Manager, you will:  

• Support day-to-day operations: Undertake routine checks and oversee third-party service providers, managing activities such as trade instructions, derivatives monitoring, cash flows, and foreign exchange processing.

• Public Markets and Alternatives Management: Process and approve transactions in Public Markets; manage subscriptions, redemptions, valuations, and reconciliations in Hedge Funds and Private Equity; control cash transfers and management in Bonds.

• Custody and Regulatory Compliance: Liaise with global custodian for reconciliations and oversee regulation-related tasks including tax filings, compliance monitoring, and regulatory reporting.

• Data Governance and Analysis: Ensure data quality and integrity through governance framework, manage third-party data feeds, support reporting processes, and act as a 'super user' for applications like Addepar.

• Project Work and Business Analysis: Serve as a business analyst for projects, manage documentation, process analysis, stakeholder engagement, and testing of new developments to implement business changes.

• Contribute to a diverse and inclusive culture across the organisation, collaborating across departments.  

Is this job for me?   

If you are a motivated individual with experience in investment operations or financial services environments, and have strong analytical, communication, and interpersonal skills, this job could be for you. You'll need to be adaptable, proactive, and able to work under pressure, independently managing multiple tasks and building strong relationships with stakeholders.

We are looking for someone who :  

• Has proven expertise in investments, financial services, investment operations, and data management.

• Holds a Business Analysis qualification or equivalent experience, adept at managing multiple projects across stakeholder groups.

• Is strongly motivated with a keen interest in advancing Wellcome's mission and can adapt to changing priorities and challenges.

• Excels as a proactive and creative team player, accustomed to small teams and thriving under pressure in fast-paced environments, remaining organised and demonstrating meticulous attention to detail

• Is self-starting and tenacious, capable of independently delivering high-standard projects while continually learning new skills and practices.

• Possesses strong interpersonal and communication skills, able to influence, negotiate, and build relationships at all organisational levels.

To apply for this role please submit an update CV and answer 2 application questions to demonstrate that you meet the minimum requirements for the role.

Minimum Criteria:

• Experience of working within an investments or financial services environment

• Experience in investment operations

• Experience in reporting and data management for investment teams

• Experience in public and private markets

Interview dates: w/c 21st April

You can view the full job description on our website

You can read more about the benefits we offer our employees on our website   

Our Hybrid Way of Working  

We understand that our colleagues have commitments and personal interests outside of work and we strive to build a flexible working environment, in which people can perform at their best.  

At Wellcome we have a hybrid way of working which is 3 days in our Euston Road offices (Tuesday, Wednesday and Thursday) with the remaining 2 days working either remotely or in the office.    

Diversity and Inclusion is at the heart of everything we do  

Diversity and Inclusion is a priority at Wellcome. We are committed to cultivating a fair and inclusive environment, where everyone can be themselves and thrive. We are happy to discuss flexible working options for all roles. We work to ensure that our recruitment processes are as inclusive as possible to everyone. This includes making adjustments for people who have a disability or long-term condition. Please visit our website for more information on adjustments and accessibility, or contact us at jobs@wellcome.org.  

Upon a conditional offer being made, the successful applicant for this position will be required to undertake a Basic Disclosure and Barring Service (or equivalent) criminal record check to disclose any ‘unspent’ criminal convictions or conditional cautions under the Rehabilitation of Offenders Act 1974. The criminal record check with not show anything that is ‘spent’.  

For further guidance on disclosure of criminal records please see this UK Government Guidance. You can view our Policy Statement on the Recruitment of Ex-offenders here. You can view our Privacy Statement here. 

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