Portfolio Fund Associate

Overview

• Play a pivotal role in fund administration, ensuring operational excellence and compliance across diverse investment portfolios.
• Collaborate with internal teams and external partners to streamline fund operations and investor onboarding processes.
• Support the preparation of audits and financial statements, adhering to regulatory guidelines and industry standards.
• Maintain accurate and timely production of fund documentation, including reports and regulatory disclosures.
• Perform daily reconciliations of fund NAVs, expenses, and cash flows, ensuring precision and resolving discrepancies.
• Contribute to the development of new funds and investment vehicles, supporting strategic growth initiatives.
• Analyze fund costs and assist in setting expense caps, enhancing financial efficiency.
• Engage in cross-functional projects to improve fund administration processes and drive innovation.

Key Responsibilities & Duties

• Coordinate with administrators and internal teams to ensure seamless fund operations and investor onboarding.
• Execute daily reconciliations to align internal and external records, promptly addressing discrepancies.
• Review and integrate accurate budget accruals into NAV calculations, maintaining financial integrity.
• Respond to inquiries from clients and vendors, ensuring exceptional service and data accuracy.
• Support the launch of new funds, coordinating workflows with administrators and traders.
• Drive process improvements and automation initiatives to enhance operational efficiency.
• Collaborate with legal and marketing teams to update fund offering documents and address investor needs.
• Participate in strategic initiatives to develop innovative investment solutions and maintain platform accuracy.

Job Requirements

• Bachelor’s degree in finance, accounting, or a related field is required.
• Minimum of 1 year of experience in fund administration or similar roles; 2 years preferred.
• Proficiency in reconciliation processes and advanced Excel skills is essential.
• Experience with portfolio accounting systems and automated reconciliation tools is advantageous.
• Knowledge of fund accounting, foreign exchange transactions, and regulatory compliance is beneficial.
• Strong analytical and problem-solving skills, with the ability to manage multiple priorities effectively.
• Excellent communication skills to interact with diverse stakeholders and ensure clarity in operations.
• Detail-oriented and responsive, capable of delivering high-quality results in a dynamic environment.