Fund Admin/Operations Executive | Singapore, SG

Our client is an asset management firm with an AUM of 1.5 billion equity fund. They provide good employee benefits and company culture. There will be a three to six months’ probation period.

Job Description

1. Capable of handling a 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.
2. Able to check the accuracy of fund administration services on funds and investors in compliance with the company’s service model and policies, liaising with brokers, custodians, and auditors.
3. Provide and maintain superior quality of work, accuracy, and adherence to task deadlines.
4. Participate in various system optimisation initiatives and ad-hoc projects.
5. Actively participate in proposing solutions to complex market and settlement issues and act as a liaison between custodian, administrators, and trading desk with the ability to multitask and prioritize resolution on priority.
6. Calculate complex fees structures as set out in various agreements.
7. Review periodic financial reporting in accordance with IFRS and/or US GAAP prepared by administrators and service providers.
8. Review the 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.
9. Strong Excel and VBA skills needed to drive automation and streamline the procedures once the business understanding is reached.
10. Play an active role in client onboarding and account opening processes with verification of documents sourced from different parties, ensuring alignment with the company’s policies and procedures.
11. Maintain and remediate investor details in a centralized database and calculate trail fees based on the distributor agreements.
12. Support the company’s anti-money laundering (AML) framework and work closely with various parties involved, including investors, fund admin, and transfer agents, to ensure compliance with the AML framework.
13. Support the organization's FATCA/CRS service offering to our clients.
14. Demonstrate ownership of assigned work and ensure timely completion in line with Service Level Agreements (SLA).

Requirements

1. Bachelor’s degree in accounting, banking, or finance-related field.
2. Ideally 1 year of experience in fund administration, audit, or a similar role.
3. Intermediate to advanced proficiency in the use of Microsoft Office (Excel, VBA, Word, Outlook).
4. Understanding of securities such as equities, bonds, forwards, futures, options preferred.
5. Ability to work well independently as well as within a team framework.
6. Be enthusiastic and eager to learn; self-starter.
7. Strong work ethic with a positive attitude.
8. Able to work under pressure with minimal supervision to meet deadlines.
9. Possess strong verbal and written communication skills.