eFinancialCareers

• Company

  Change International

• Location

  UK-Channel Islands

• Compensation

  Depending on the level, Excellent

• Position Type

  Permanent

• Employment type

  Full time

• Updated

  21 Oct 2009

• eFC Ref no

  547390

Fund Operations Manager- Channel Islands    

The purpose of the Manager role is: -

• To manage a fund administration team responsible for all Fund Operations products, including both Guernsey and Cayman Regulated products, as well as a $multi-billion hedge fund platform
• Organisation of the team through managing staff resources efficiently, supporting staff and seeking to resolve any issues
• Regular liaison with fund sponsors, investment managers & other parties
• Ensure compliance with all Group and local regulations and guidelines
• Ensuring all valuation and reporting requirements are completed both accurately and within deadlines
• Full involvement with all new products and involvement with future product development and structuring discussions
• Be fully involved with the enhancement of the new fund administration and accounting system.
• Work very closely with the Director of Fund Operations and deputise in his absence.

MAIN DUTIES/RESPONSIBILITIES OF THE ROLE: 

The key responsibilities are to manage and oversee the following:

• Manage and maintain first class relationships with the client, ensuring delivery expectations are met

• Oversee the team activities in the following areas:

• NAV Calculations and checks

• Application of correct pricing

• Reconciliations

• Record keeping

• Post valuation checks

• Manage staffing and resource requirements, appraisals and training

• Ensure operational procedures are accurate, up to date, and complied with by the team
• Liaise with accounting, company secretarial, share dealing and compliance depts. and auditors
• Liaise with the various client departments
• Review of Performance Fee calculations

• Liaise with the New Business team on new product launches
• Company Strategy input and implementation 
• Working closely with the Director of Fund of Funds with respect to budgets and head count
• Senior escalation point of contact for all un-resolved issues
• Training and assistance to all Team Managers with in the Section
• Dealing Directly with Audit partner and financial statements, with regard to issues on full sign off of financials

SKILLS/EXPERIENCE (e.g. education, languages, shifts, travel overseas, hours):

Hold a relevant professional qualification

• Should have a MINIMUM of 10 years direct Fund Administration experience

• Must have extensive knowledge of fund structures and processes

• Must be conscientious and diligent

• Must be a dynamic team leader able to establish and maintain efficient, effective and flexible teams

• Must have excellent communication and organizational skills

• Must be a forward planner, with respect to staffing and the business

• Must be approachable at all times

• Must have a high degree of IT literacy and full knowledge of trading lifecycle processing, administration and accounting systems

• Must possess strong numerical and analytical skills

The purpose of the Senior Administrator role is: -

-To play a senior role within the team and support the Supervisor/AVP(s) in all areas.

-To assist with the organisation of the team, handling staff resources and resolve issues.

-Training & Development of administrators.

-Ensure compliance with all group & local regulations & Guidelines.

-Ensuring all valuation and reporting requirements are completed both accurately and within deadlines

Assist with liaison with fund sponsors, investment managers and other parties.

Senior Fund Adminstrator:

RESPONSIBILITIES OF THE ROLE: 

• The key responsibilities of a Senior Fund Administrator are as follows:
• NAV calculation checks/creation
• Stock/Cash reconciliation and query resolution
• Price tolerance verifications
• Post valuation checks
• Bank reconciliations
• Fee payments
• Trade processing and settlement reconciliation

• Review and maintenance of operational procedures as the business requires
• Liaison with accounting, company secretarial, compliance and control departments & Auditors.
• Calculation of performance fees / HWM re-sets.
• Checking the integrity of the ledger postings and procedures.
• Overseeing the following:
• Compliance with regulations / anti money laundering procedures.
• Resolve queries raised by administrators
• Interact with auditors and audit queries

SKILLS/EXPERIENCE:                           

• GCSE level and studying for a Professional qualification (preferred)
• Minimum of 3-4 years experience in fund administration is essential for this role
• Excellent teamwork skills with a flexible, adaptable approach are essential in this fast growing team
• Accuracy, motivation and conscientiousness are key for this role
• Willing to work at the highest level under pressure
• Good knowledge and understanding of trade lifecycle, InvestOne and Bookkeeping

If you are interested to apply, please can forward a copy of your CV to:

amanda.brown@changeinternational.net

Apologies if I do not respond, however, due to the very high volume of responses I receive I can only reply to candidates who have been successful.