This is a vital role in ensuring MFS can calculate independent Net Asset Values of investment funds. A Fund of Funds Genesis Portfolio Operations (FOF) Senior Associate will operate and oversee reconciliation and NAV review technology to deliver a full reconciled gross Net Asset Value to client operations teams or clients, including cash, positions and receivables.
An FOF Senior Associate will have a strong understanding of what drives the value of an investment fund, the types of products it trades and the nature of day to day operations between an investment fund and its counterparties, all alongside a keen interest in learning new technologies and skills.
Roles and Responsibilities:
- Operate & oversee reconciliation technology to deliver a fully reconciled gross NAV to the client operations team including cash, position and receivables - holdbacks
- Review work of Junior Staff, provide guidance and mentoring.
- Work closely with our FOF operations team to ensure trade processing is complete, corporate actions have been booked correctly & pricing is accurate
- Work hand in hand with our client operations team to provide superior customer service to hedge fund managers and investors
- Ownership, management and resolution of all internal queries
- Business continuous improvement is a core part of the job. We are constantly striving to increase efficiencies where possible.
Requirements:
- University degree in Computer Science, Math, Finance, Accounting or an equivalent combination of education.
- CPA/ACCA, preferred.
- Preference will be given to candidates who have experience within the investor services or asset management industry
- Microsoft office applications are essential
- Preferred:
- Understanding of investment funds industry.
- At least two years experience in fund administration of Fund of Hedge Funds.
- Experience with accounting and valuation of complex instruments
- Advanced Excel knowledge comfortable with pivot table and functions e.g. TEXT, LOOKUP, MATH
