Description
My client, a leading international bank, is looking for a Fund Administrator with strong pricing oversight experience to join on a team of 8 working within Client Service Operations. The position will be servicing multiple clients, review, oversight and sign off of key deliverables, namely price and net asset value of funds.
Job Description
- Oversee Valuation for Life & Pension Funds and ensure that all relevant checks to the funds' NAV's have been made. This will include checks against funds' benchmarks and reasonability reports.
- Oversee/review stock and cash reconciliations
- Perform and/or monitor quality and internal controls for all team deliverables
- Prepare of weekly/monthly/ad hoc reports
- Support colleagues from overseas site and monitor/review the quality of service they deliver to us
- Minimise errors/breaches with the aim of having none that result in a financial loss/claim to the Bank or the Client
- Review corporate documentation on processes, procedures and controls and evaluate the continuing effectiveness of these and related systems, initiating remedial action as necessary
- Ensure documentation exists for any client-specific procedures.
- Monitor errors and potential breaches; complete relevant documentation and ensure training needs are identified and relevant training is carried Liaise and assist with audit/internal queries
- Identify and implement process and product improvements, documenting where necessary
- Understand, follow and update procedures/checklists
- Ensure that the KPI measure, where applicable, are achieved on a monthly basis
- Collate and analyse regular management information, including what is required for client billing, taking appropriate action as required
- Share and act on feedback from client reviews to maintain client satisfaction.
- Ensure that reporting line managers and other managers, as appropriate, are kept aware of all significant issues/problems/queries/work in progress that may impact upon the quality of service being given
- Be aware and understand the risks inherent within the department and the potential effect of non-compliance and take appropriate corrective action
- Escalate any breaches of regulation immediately
- Understand and adhere to compliance procedures
- Ensure knowledge of global products and systems is kept up to date
- Maintain standards of personal and professional performance/behaviour, ensuring adherence to company policies and procedures.
- Proactively take part in the appraisal process with your manager. Provide the required PPR system updates and help make this a genuine two way effective management tool
- Develop and maintain good relationships with relevant colleagues in service support departments and contacts in client organisations
- Act as focal point for contacts and meetings with other departments and external contacts
- Act as a source of technical expertise on internal banking systems
- Support a culture of effective challenge to ensure appropriate governance
Essential Products/Systems/Experience
- Excel
- Accounting Systems
- Fund pricing
- Fund structures