Product & Pricing Analyst

Role Description

FNZ is an asset custodian. This means we hold client assets in our names as nominee and are responsible for the administration of those assets.

The position is located within the Operations division of FNZ and has responsibility for updating and managing of the pricing of Equity and Fixed Income products on the Wrap platform across New Zealand, Australia and international markets. The role also involves accurate set up and maintenance of all trading instruments on the Wrap platform including exception reporting and instrument & pricing controls.

Organisational Design

As per org structure

Specific Role Responsibilities

• Ensure that pricing for Equity and Fixed Income products in Wrap are true and accurate
• Ensure instruments are setup accurately for reporting, trading and valuation in a timely manner
• Ensure instrument maintenance, including exception reporting and instrument controls, are conducted regularly
• Ensure that any untimely, inconsistent and potentially erroneous pricing issues are communicated effectively to necessary parties in a timely manner for the purpose of rapid resolution
• Establishes relationships with market data service providers, custodians, brokers and other third parties to promote the highest level of communication and operational efficiency and resolve any service level issues
• Maintain records and log issues to ensure the pricing and instrument maintenance processes are transparent to regulators and external auditors regarding Breach and Reconciliation Recording.
• Make effective use of the Company's information systems that are relevant to the role
• Prioritise to ensure all tasks are completed on time and within agreed Operational deadlines and client contractual requirements.
• Support operational staff to ensure that the highest possible KPI targets are achieved

• Undertake any other projects/tasks as may reasonably be required to facilitate the smooth operation of the company
• Update and maintain procedures and check lists as required
• Participate in the team's contribution to project work which may involve the roll out of new business or user acceptance testing for enhancements to our back office systems or working with Management and other team members to enhance processes for greater efficiencies and controls within the business

Performance Assessment

• Internal Process/Control
  • Completes tasks accurately, completely and to agreed deadlines/ targets (KPI's) according to the standards and procedures outlined
  • Ensures that outputs meet required standards and the needs of internal and external clients
  • Adheres to all compliance standards including the use of the breaches register, complete and up to date written procedures on Reconciliation processes and adequate controls over these processes. This also involves following the escalation policy
• Client
  • Ensures FNZ clients are highly satisfied by consistently dealing with them professionally and by maintaining green KPI's and good client scorecard ratings
  • Ensures internal clients are satisfied by being an excellent team player, assisting colleagues when necessary
  • Establish relationships with market data service providers, custodians, brokers and other third parties to promote the highest level of communication and operational efficiency and resolve any service level issues
• Financial/Costs
  • Ensure increased efficiencies with the Team operating off the same, up to date, information
  • Participate in Operational projects to increase revenue and decrease costs

Experience required

• Tertiary Qualification
• Experience in Financial Operations is preferred
• Microsoft Office Suite experience especially Excel 2003/2007 (Outlook, SQL)
• Attitude to execute, deliver and succeed
• High attention to detail
• Proven communications skills
• Ability to solve Financial Market and IT System issues
• Enthusiastic and able to perform role autonomously while being a team player and contributing to the overall success of the team and wider business
• Proven project delivery