Investment20/20 Trainee Job Description

Junior Project Manager & CASS Oversight Trainee

 Company Overview

 Our ambition is to be a leading responsible asset manager.

At AXA IM, our purpose, to act for human progress by investing for what matters, is central to every action we take as a business.

As a responsible asset manager, we actively invest for the long-term to help our clients, our people and the world to prosper.

Our conviction-led approach enables us to uncover what we believe to be the best global investment opportunities across alternative and core asset classes. We are already entrusted with €824 billion in assets (as of end of December 2022).

Working as part of the AXA Group, a world leader in financial protection, our team of over 2,600 people (as of end of December 2022) around the world combine a range of specialist skills and experience to best serve the needs of our clients.

The combination of responsible, active and long-term defines our investment philosophy, but also how we run our business, what underpins our clients’ partnerships with us, and what drives our people.

Being responsible is in our DNA as a firm and is central to our ethos as an employer. It is embedded in how we grow and protect our people. It unites our team, from our leaders, to our growing number of specialists, to the newest members of our teams.

Careers at AXA IM

Empowering our people to drive progress

As part of a responsible, progressive organisation, our people help us to invest for what matters. Everyone in our diverse, global family shares this responsibility.

Together our people push boundaries and drive forward ideas. They’re willing to be bold and take the lead, using initiative and enterprise to create exceptional service. The kind of service that seeks to drive long-term prosperity for our clients, society and the world we live in.

Realise your potential to drive progress – Careers at AXA IM – YouTube

Diversity and Inclusion

Thrive within a diverse community

At AXA IM, inclusion and diversity are closely linked to our values and to our culture of respect for employees, clients and the communities around us. We always aim to create an environment where everyone feels they belong, are included and can thrive within a diverse community.

Further information on Inclusion and Diversity and AXA IM Inclusion and Diversity | Careers | AXA IM Corporate (axa-im.com)

Programme information

You will join as a trainee as part of the Investment20/20 one-year trainee programme. While we can’t guarantee a permanent position at the end of the 12-month contract, however, if you perform well & if we have an open position available at the time, then permanent employment could be a possibility. The Investment20/20 trainee programme is offered by many investment management firms and 75% of the 3,000 Investment20/20 trainees are offered permanent positions at the end of the one year. 

As a trainee, you will be introduced to investment management and you will gain industry knowledge, experience and develop relationships to progress your career and develop skills to secure a permanent role. We will support you in achieving/starting a professional qualification if this is something you are interested in doing (most firms offer it and we highly recommend doing so). As part of the Investment20/20 programme, you will have opportunities to meet and network with over 3,00 trainees across the industry and participate in socials and insight events.

Our trainee programme is a fixed term one-year contract paying £26,000. You will receive 27 days annual leave. All roles are based in London.

The purpose of the role

 The hybrid role of Junior Project Manager and CASS Oversight Trainee is an entry level position within a team of 4 that would be required to:

a) Manage the delivery of small change initiatives and projects and provide vital assistance and support to programme and project managers to enable the successful development, implementation, and delivery of mandatory or strategic projects and programmes.

b) Provide assistance and support to the CASS oversight team in their role of overseeing the activities of the firm to maintain compliance with the FCA rules on safeguarding client money and assets (CASS).

Responsibilities include

The main responsibilities of the Trainee will focus on:

Project Management:

1.    Manage small change initiative and project activities, using methodology adhereing to best practice, to deliver the agreed benefits on time and within budget. This will be under the direction and guidance from the Head of UK Project Management

2.    Support the Programme/Project Manager with the production of Steering Group packs and other key reports.

3.    Support the Programme/Project Manager by enforcing an administering Portfolio Management Office processes and controls, including;

a.    Quality control of programme/project documentation and governance

b.   Maintenance of the programme/project RAID log highlighting delays, exceptions and issues where appropriate

c.    Maintenance of the programme/project delivery plan and milestone tracking

d.   Administration of key programme/project governance meetings

e.    Development of programme/project status report

CASS:

Activities will be varied and expected to change as experience increases but to include the following:

     a.   Support the CASS Oversight Team with production of meeting packs for the monthly CASS  Oversight Management Committee.

b.   Support the review of daily client money reconciliations and preparation of the monthly CMAR Reporting to the FCA.

c.   Assist with the deliverables and organisation of the annual external CASS audit.

d.   Support review of policies and procedural documentation.

Skills and requirements

·    Strong collaboration, communication and influencing skills

·    Excellent organisational skills with a strong attention to det