Junior Associate Director, Client Operations, Fund Administration

Company Description
Experience something Brilliantly Different with MUFG Investor Services. Who are we? In a nutshell, MUFG Investor Services is part of the Mitsubishi UFJ Financial Group, and we partner with over 480 loyal global investment firms to provide them with administration, asset services, banking and fund financing. We’re in 14 global locations and provide an exceptional hub of Brilliantly Different talent to thrive.

#LI-Hybrid

Job Description

Reporting to the Associate Director of Client Operations, you will:

1. Supervise a team of fund accountants, mentor and support them through training and development.
2. Provide a full range of fund accounting services to private equity clients, including:
   
   1. NAV review and preparation, including reviewing accruals, security pricing, cash and security position reconciliations.
   2. Review/Prepare pricing of portfolios ensuring all holdings are priced observing the applicable fund documents and valuation policies.
   3. Review/Prepare capital call and distribution calculation and allocation.
   4. Review/Prepare fee schedules including calculation of management fee and waterfall, ensuring all calculations observe applicable fund documents.
   5. Review/Prepare Investor allocations for each NAV cycle ensuring capital transactions are booked correctly and P&L is allocated correctly.
   6. Review/Prepare NAV packages and other ad hoc deliverables as defined in the service level agreements.
3. Complete other ad hoc requests and projects.
4. Communicate with internal MUFG teams and external clients, ensuring all deliverables and requests are met.
5. Review/Prepare audited Financial Statements, audit assistance, and other regulatory services, as applicable.
6. Review client Limited Partnership Agreements (LPAs), PPMs, and other materials and ensure service levels are in line with such legal documents.

Qualifications

University degree/Professional designation such as ACCA, CPA, CMA, etc will be considered as an asset.
At least 3 years experience in a Fund Administration role with at least 2 of those working in a Private Equity role.
Experience in working on a Private Equity accounting system, preferably Investran.
Have a strong knowledge of Private Equity structures, regulatory requirements and waterfall calculations.
Have experience in reviewing Limited Partnership Agreements and OM’s.
Experience in supervisory skills and/or coaching / mentoring.

Additional Information

What’s in it for you to join MUFG Investor Services?
Take a look at our careers site and you’ll find everything you’d expect working with one of the fastest-growing businesses at one of the world’s largest financial groups. Now take another look. Because it’s how we defy expectations that really defines us. You’ll feel that difference in all kinds of ways. Our vibrant CULTURE. Connected team. Love of innovation, laser client focus.
So, why settle for the ordinary? Apply now for your next Brilliantly Different opportunity.

We thank all candidates for applying; however, only those proceeding to the interview stage will be contacted.
MUFG is an equal opportunity employer.