Junior Client Operations Executive - £Exc + bens & bonus

Our client, a highly regarded global equity asset manager, is looking to add a junior to their Client Operations team to help with the oversight of their Third-Party Administrators (TPA) and service providers, liaising with pooled fund clients throughout their investment lifecycle and producing and distributing monthly reports both internally and externally.

Roles & Responsibilities

Responsible for monitoring the performance and service of the firm’s third-party administrators and service providers engaged for the pooled funds, including monitoring and reviewing of information supplied by external administrators; review of deliverables in line with service level agreements and review of invoices submitted by the service providers.
Responsible for the oversight and co-ordination of pooled fund clients throughout their investment lifecycle, including client on-boarding, dealing activity, fund switches, transitions, account updates and account terminations. This is also the case for segregated mandate clients.
Monitoring of pooled fund client management fee charges and calculation of management fees as required.
Production and distribution of accurate and timely pooled fund information to external and internal parties for both monthly reporting schedules and ad-hoc requests, for example, confirmation of NAVs, investor level holdings, investor transaction histories, management fee data, performance figures and audit requests.
Monitoring daily dealing schedules received from third-party administrators, ensuring all activity is accurately recorded and reconciled to the internal cash report.
Review annual and semi-annual financial statements prepared by the TPA and provide comments for each draft in accordance with a set timetable.
Monitor the progress of audits performed by the external audit firm and provide auditors with timely information as and when requested.
Support the review of letters/reports supplied by the external auditor and TPA (for example, letter of representation, letter of engagement, audit findings report and executive summary) prior to being included in the board pack.
Attend audit planning calls and weekly conference calls; write meeting minutes and ensure all meeting action points are followed through.

Experience & Qualifications

You will have circa 1-3 years’ experience working in a fund administration, third party oversight or investment operations role.
An understanding of fund administration of pooled funds ideally from within an Asset Manager or Custodian.
Have a finance and accounting focussed degree with the appetite to potentially study towards an accounting qualification.
Strong interpersonal and communication skills, both written and verbal.
Willingness to take responsibility and use initiative.
Strong IT skills.

To hear more about this exciting role, please call Alex Brown on 020 7847 8878 or email your CV to alex@meredithbrown.com

Ref: AB1226663

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