Asset Manager - Fund Accounting - Assistant Vice President

Job Description The main function of the role is: Account for the day-to-day management of a functional/oversight team(s) and manage daily service delivery and production activities performed by staff. Work in conjunction with individuals on the team as well as other Shared Service teams/COE’s, outsource locations, Client Operations and other business units to ensure seamless processing according to the fund’s policies, to ensure NAV/yield accuracy and that all SLAs are met. As well as, Work collaboratively with teams and management across the organization on various projects, oversight, committees, KPIs, etc.

Role specifics:- Act as the primary contact and key escalation point for operational issues, as well as provide technical expertise to resolve daily problems.

Manage and escalate issues related to BU Shared Services and COE’s.

Manage departments overtime budget effectively, indirectly responsible for other department budget matters.

Ensure appropriate records of daily and monthly activities are kept. Assist with compliance/fiduciary reviews, controls, and audits as needed.

Establish and maintain files, including highly confidential and sensitive information, which pertains to clients and division/corporate operations, as well as short/long-term strategies, budgets, etc.

Assess impacts of regulatory changes. Identify and implement consistent operational best practices.

Organize Shared Service internal meetings and compiles related documentation, assisting with the coordination and development of the agenda and may attend meetings to record notes and action items.

Coordinate the implementation of new funds, systems and processes as well as assists with client conversions and other client projects.

Train, develop and motivate new staff, as well as complete performance appraisals. Provide staffing recommendations by interviewing new personnel and making effective hiring decisions.

Serve on committees and help define and implement new company initiatives. Provide coaching and development opportunities to staff, participate in individual on-going training and development.

Has accountability and responsibility for completing and delivering PPRs on time. Make effective recommendations to hire, discipline, control work and terminate employment.

Make effective recommendations for promotions, salary increases and bonuses. During the course of normal day to day operations, responsible for identifying any unusual or potentially suspicious transaction activity and must report.

Skills/Competency parameter differentiators: Result-oriented with an ownership and accountability mindset

Commercial acumen - Understanding of cost/budgets Lead/drive the same

Drive pay for performance and culture of performance differentiation

Taking accountability of end-to-end outcomes as an enterprise, collaborating across functions/business and locations

Executive presence, managing with influence and effective communication across stakeholder groups both regionally and globally

Embed risk excellence culture across the teams

Encourage and drive a culture of change and ideation

Mandatory Skill Sets: Strong personnel management skills and prior experience in a supervisory capacity with responsibility for coaching and development of direct reports

Minimum of 5 years of management experience, preferably with fund accounting, audit firm or a financial services organization

Significant prior financial services industry experience preferred

Demonstrated managerial, leadership and decision making abilities, Excellent communication, organization, interpersonal planning, and analytical skills

Ability to effectively bring individuals from multiple areas together to resolve identified issues.

Should have exposure to trading instruments like Equities, Options, Bonds, Futures, Spots and Forwards, Bank Debts and Credit Default Swaps (CDS)

Should have knowledge of Corporate Actions, Income & Expense accruals, SEC Yields, Distributions, NAV calculations etc.

Should have prior Mutual Fund accounting experience including General Ledger analysis and reconciliation

Additional Skill Sets: Ability to lead a large team, identify & develop talent

Ability to initiate, effectively manage and improve relationships, both within the company and with peers in the industry and current/prospective clients

Lead by example and hold team accountable to culture traits

Good understanding of financial services and investment products

Strong interpersonal skills, multitasking capability, ability to work under pressure

Possess strong problem solving skills

Good Executive presence

Ability to represent on Client calls

Education & Preferred Qualifications: MBA or graduate degree preferred, bachelor’s degree in commerce / economics with a specialization in Business, Accounting, Finance or another Financial-related program

At least 5+ years of related Hedge Fund Accounting experience, part of which must have been in a management or supervisory capacity. (Overall experience of 12+ years)

Knowledge of securities language and legal requirements.

Good interpersonal, organizational and management skills.

Solid understanding of operational functions within Hedge Fund Accounting. Ability to provide technical expertise to resolve daily problems.

Demonstrated computer proficiency and working knowledge of various software applications.

Ability to develop and enhance client relationships.

North America Shifts

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