Fund Admin/Operations Executive

Nature of role:
6 months contract (option to convert to permanent role)

Responsibilities

• Trailer Fee Computation
  
• Interpretation of trailer fee computation formula
  
• Able to translate contractual agreements to working files for fee computation.
  
• Checking/Reconciling past fees to counterparties, distributors and introducers
  
• Correcting Fee formulas in relevant agreements to avoid ambiguities
  
• Setting up system to facilitate and monitor fee computation and payments
  
• Maintain database and supporting documents for fee computation and fee.
  
• Communicate with counter parties internal and external eg. fund administrators, introducers, finance managers, operations teams
  
• Other ad hoc supports in Operations
  

Knowledge/Experience

• Various Fees chargeable by Funds, i.E. Sales Charge, Distribution Fee, Management Fee etc.
  
• Able to read the prospectus/fund documents to interpret associated fees and expenses along with total expense ratio caps applicable.
  
• Data churning and good use of data tools to simply the process.
  
• Dealing with Fund Administrator/ Transfer Agent
  
• Knowledge/Experience in Dealing with Distributors/Introducers
  
• Knowledge/Experience in Dealing with Various Fund classes
  
• Fund Management Operations
  
• Fund subscriptions/redemptions
  
• Fund NAV computation/reconciliation
  

Requirements

• Degree in accountancy or equivalent
  
• Possess minimum 1-2 years’ experience in fund administration
  
• Possess good spoken and written communication skills in English.
  
• Able to work as part of a team and independently when necessary