Job Description
To provide investment operations support to Fund Operations boutique fund managers covering a range of portfolio administration functions namely valuations, corporate actions, cash forecasting, performance reporting, trade settlement management, cash movements, broker and custodian liaison, and relationship management.
The role covers a range functions working on managed funds, private equity funds and listed investment companies. Investment types cover both domestic and international types including Equities, Futures, Options, FX, Currency forwards, Swaps and Fixed Income.
Key Accountabilities and main responsibilities
Strategic Focus
- Provide support in the onboarding of new clients and ensuring the effective and timely implementation of client change requests
- Contribute to project work to improve service quality e.g. system implementations, automation
- Build and maintain effective relationships with stakeholders such as wholesale and retail clients, custodians, fund managers and brokers
- Regularly update processes and procedures with a view to implementing efficiency and accuracy improvements
Operational Management
- Accurately prepare unit prices for managed investment funds, private equity funds and listed investment companies
- Produce and review Gross Asset Value (GAV) and Net Asset Value (NAV) including unit pricing calculation for NAV
- Reconcile cash records, positions and trades to the custodian/ PB
- Update portfolio system relating to investment trades, settlements, corporate actions, income receipts and cash movements
- Prepare periodic reports to fund managers, their clients, and asset consultants
- Ensure timely delivery of various reporting requirements to fund managers
- Preparation of reconciled month end portfolios for accountants to complete unit pricing
- Preparation of periodic reports to fund managers, their clients, and asset consultants
- Update portfolio system relating to investment trades, settlements, corporate actions, income receipts and cash movements
People Leadership
- Partner effectively with cross functional teams, including offshore counterparts, ensuring clear communication and knowledge sharing
- Train, mentor and provide feedback to teams (including offshore team in India)
- Provide support and preparation of Investment Operations daily deliverables
- Collaborate closely with the team and the broader organisation to achieve shared goals, treating all colleagues and clients as valued partners
Governance & Risk
- Ongoing monitoring and improvement of risk and compliance controls.
- Post trade compliance monitoring
- Liaising with financial reporting team to answer audit queries.
- Adopt a risk management culture, and effectively limit risk exposure to MUFG Corporate Markets with strategies to mitigate risk
The above list of key accountabilities is not an exhaustive list and may change from time-to-time based on business needs.
Experience & Personal Attributes
- CA/CPA qualified or partly qualified (preferred but not essential)
- At least 1-2 years’ experience in a custody, fund administrator or fund manager environment
- Motivated, 'hands-on' person with initiative, an inquisitive mind and a willingness to deal with multiple tasks
- Outstanding interpersonal and communication skills as a large portion of the role involves interaction with both internal and external parties
- Ability to work as a part of a team
- High attention to detail
- Able to work with conflicting deadlines
- Able to manage work and study commitments
- Competent Microsoft Excel, Outlook and Word user and ability to learn new software quickly
MUFG Pension & Market Services is a global, digitally enabled business that empowers a brighter future by connecting millions of people with their assets – safely, securely and responsibly.
Through our two businesses MUFG Retirement Solutions and MUFG Corporate Markets, we partner with a diversified portfolio of global clients to provide robust, efficient and scalable services, purpose-built solutions and modern technology platforms that deliver world class outcomes and experiences.
A member of MUFG, a global financial group, we help manage regulatory complexity, improve data management and connect people with their assets, through exceptional user experience that leverages the expertise of our people combined with scalable technology, digital connectivity and data insights.
