We are seeking a highly motivated Investment Operations Specialist to join our growing team. This role will focus on NAV oversight, fund reconciliations, and operational risk monitoring across our investment funds.
Key Responsibilities
* NAV Oversight: Develop and manage internal NAV oversight processes to monitor delegate fund administrators across daily, weekly, and monthly NAVs.
* Performance Monitoring: Track and analyze fund performance against expected outcomes, liaising with fund accounting teams to resolve discrepancies.
* Exception Reporting: Maintain exception reports related to cash breaks, position breaks, pricing, trade settlements, accruals, and fund flows.
* Reconciliations: Review reconciliations between counterparties, custodians, and administrators, coordinating investigations among service providers.
* Stakeholder Coordination:
o Act as the first point of contact for investment managers regarding trade settlements and cash flows.
o Liaise with custodians and fund administrators on matters related to settlements, dividend distributions, and corporate actions.
* Expense & Budget Oversight:
o Review the computation of Ongoing Charges (OCF), ensuring periodic budget updates and variance explanations.
o Validate fund expenses, including administration, custody, and service provider fees, ensuring alignment with fund expense budgets.
* Outsourcing Oversight: Support oversight of delegated service providers in accordance with internal policies and procedures.
* Tax & Regulatory Compliance: Work with tax advisors, administrators, and asset managers to ensure accurate WHT filings, correct CGT rates, and rebate claims.
Key Requirements
* Bachelor's degree in Accounting, Finance, or a related Business discipline.
* 3-5 years of experience in Fund Accounting, Investment Operations, Middle Office, or Custody.
* Strong knowledge of financial products and markets; experience with derivatives and OTC swaps is a plus.
* Excellent analytical, problem-solving, and planning skills.
* Prior experience in project management is an advantage.
* Strong attention to detail and the ability to work under tight deadlines.
* Proficiency in Microsoft Excel and data analysis tools.
* Self-motivated, eager to learn, and able to work independently.
This role offers an exciting opportunity to be part of a dynamic and fast-growing asset management firm. If you are passionate about investment operations and keen to make an impact, get in touch.