This is a 24-month rotational programme, broken between distinct learning streams. The successful hire will have the opportunity to work across multiple teams in a highly automated and volume–driven environment. You will also be able to acquire knowledge of a breadth of financial markets and instruments as well as develop technical skills such as SQL and Excel.
Teams include
Fund Accounting
The Fund Accounting team utilise proprietary systems to value around 120 funds daily. The team is integral to supporting the full lifecycle of a fund from an idea to execution and key responsibilities include pricing & valuations, broker & administrator reconciliations, shareholder flows, and performance & management fees.
Operations
Directly supporting the portfolio management and trading systems, you will have the opportunity to build expertise across a breadth of markets and financial instruments. Some of the key responsibilities include trade support, stock loan, operational risk management and asset servicing.
Treasury
The Treasury team is responsible for understanding, monitoring and managing the firm’s liquidity needs, collateral, FX rate risk and counterparty exposures. You will have the opportunity to help build and establish a best-in-class treasury function.
This position will start in September 2025.
Please note, the rotations do not include the Investment teams.
About the programme
Within this role the successful candidate will have the opportunity to acquire knowledge of fund structures and a breadth of financial markets and instruments, to develop technical skills through internal and external training, and exposure to SQL, PowerBI, AI, Microsoft Office, and other software packages.
Through the collaborative approach adopted by Marshall Wace the successful candidate will also gain insight into the workings of the Investment, Risk, Corporate Accounting, Client Servicing, Legal and Compliance, Operations, and Treasury teams. However, your rotations will only include Fund Accounting, Treasury and Operations.
You will join other graduates from the wider business on our Early Talent Training programme. This is a bespoke training programme arranged to help our new joiners get accustomed to life at Marshall Wace.
What you'll do
All of these teams operate in a high-volume, automated environments with a focus on exceptions and controls. We are dedicated to continuous process improvement, delivering value add and efficiency.
Your duties and responsibilities may include
- Reconciling all fund-related transactions and positions for accuracy and compliance
- Calculating the fund’s Net Asset Value (NAV) daily for distribution to shareholders
- Determining fair value for complex financial instruments
- Utilising SQL, Python and other technology for improving processes and enhancing controls
- Direct support of the trading, capital markets, quantitative and fundamental investment teams.
- Oversight of the firm’s daily locate and financing optimization processes.
- Building new and developing existing processes across multiple asset classes.
What we're looking for
We’re looking for innovative thinkers who want to make the right start in their careers. We value strong collaboration skills and reliability.
We’re not just looking for those who have studied finance or economics, many of our team come from non-finance disciplines. For us, it’s more about your enthusiasm and willingness to learn.
Other characteristics we value include
- Academic achievement: We welcome applications from strong bachelors, masters and PhD students from a variety of disciplines.
- Lead the way: You need to bring innovation at all levels, be tenacious and never settle for the status quo.
- "Shoot for the moon" approach: We want people who think differently, love devising strategies and are focussed on optimal outcomes.
- Agile minds: You need to show proven ability to move seamlessly between projects, often working on multiple and diverse tasks at the same time.
- Team player: You must also be able to work effectively in a team, helping the group to deliver efficient and superior solutions.
- Enthusiasm for technology: Everyone at Marshall Wace is passionate about Technology and eager to learn new skills in the area.
- Build value: Our graduates need to think critically about a range of strategic issues impacting our business.
Find out more about the process here: https://www.mwam.com/fund-accounting-graduate-scheme-process/
