Fund Servicing

Introductory market language

Take a lead role in acquiring, managing and retaining meaningful relationships that deliver outstanding experience to our customers

Job Summary

As a Fund Servicing Manager within our client team, you will be responsible for the management, staffing, organization, and development of the team. You will play a key role in identifying complex fund issues and managing the delivery of services to clients, ensuring all regulatory deadlines are met. This role provides an opportunity to work closely with Mutual Fund Accounting on a variety of initiatives and ongoing operational deliverables, and act as the primary contact for client inquiries, requests, and ad hoc projects on treasury issues.

Job Responsibilities 

• Coordinate and monitor fund administration group activities in performing monthly expense projections and accruals, monthly calculation of asset-based fees, and disbursement analysis.

• Identify and provide guidance to supervisor and staff on treatment of complex financial transactions and arrangement to ensure proper recording of expenses.

• Coordinate and monitor fund administration group activities in preparing monthly Management reports and quarterly Board reporting on fund operations (including financial statements, portfolio characteristics, compliance summaries, and disclosure of significant affiliate and other transactions.

• Work closely with Mutual Fund Accounting on a variety of initiatives and ongoing operational deliverables. 

• Act as the primary contact for client inquiries, requests and ad hoc projects on treasury issues.

• Support financial reporting by reviewing semi-annual and annual reports for integrity of data.

• Work with legal counsel on Prospectus and Statement of Additional information updates.

• Assist in developing and adjusting department procedures and systems enhancements.

Required qualifications, capabilities and skills

• Proven ability to operate effectively in a matrix organization with the ability to work under pressure and to tight timeframes 

• Control focus with a thorough understanding of operational risk

• Strong technical understanding of the investment industry including a strong knowledge of SEC and IRS regulations and rules and GAAP Accounting standards

• Minimum of 7 years in the mutual funds industry, with a minimum of 5 + years in (financial reporting, compliance, tax, fund administration, fund accounting)

• Ability to initiate and drive change

Preferred qualifications, capabilities and skills 

• Strong leadership and staff development skills with prior team management experience 

• Strong communication, influencing and negotiation skills with the ability to develop and maintain collaborative relationships both internally and with external clients 

• Strong organizational skills ideally with project and program management experience.

• Advanced analytical skills with the ability to anticipate issues and drive initiatives to achieve results