Join our client's dynamic team as we seek an Operations Assistant/Manager, who will encompass various responsibilities, focusing on retail fund management and adept in NAV preparation, cash and position reconciliation, corporate actions, security pricing validation, fund administration compliance, fee calculation, financial reporting under IFRS/US GAAP, client onboarding, AML/FATCA/CRS compliance, and SLA adherence.
Our client is one of the leading and largest asset managers specialising in Equities, Fixed- Income, ETFs, and Alternative Investments.
Responsibilities:
Capable of handling full range of fund accounting services on funds, including preparation of the Net Asset Value (NAV), cash and position reconciliation, review of corporate actions, validation of security pricing
Able to check accuracy of fund administration services on funds and investors in compliance with the companys service model and policies, liaising with, brokers, custodians and auditors
Provide and maintain superior Quality of work, accuracy and adherence to task deadline.
Participate in various system optimization initiatives and ad-hoc projects
Active participation in proposing solutions to complex market and settlement issues and act as liaison between custodian, administrators and trading desk with ability to multitask and prioritize resolution on priority.
Review of periodic financial reporting in accordance with IFRS and/or US GAAP prepared by administrators and service providers.
Review accuracy of Subscriptions and Redemptions, Switches & Transfers in accordance with the guidelines outlined in the fund offering documents performed by the transfer agent and administrator.
Strong excel and VBA skills needed to drive automation and streamline the procedures once the business understanding is reached.
Play active role in client on-boarding, account opening process with verification of documents sourced from different parties and to have it verified and aligned towards companys policies and procedures.
Maintain and remediate investor details in a centralized database and calculate trail fees based on the distributor agreements.
Supporting the companys anti-money laundering (AML) framework in place and working closely with various parties involved, investor, Fund admin, Transfer Agent to ensure compliance with the AML framework.
Demonstrate ownership of assigned work and ensure timely completion, in line with Service Level Agreements (SLA).
Ideal candidate must possess the following:
Bachelors degree in accounting, banking or finance related field
Ideally 5 years of experience in fund administration, asset management (hedge,Private Equity, mutual funds) or similar role
Intermediate to advance Proficiency in the use of Microsoft Office (Excel, VBA Word, Outlook).
Understanding of securities such as equities, bonds, forwards, futures, options preferred
Ability to work well independently as well as within a team framework.
Be enthusiastic and eager to learn, self-starter.
Able to work under pressure with minimal supervision to meet deadlines
