Fund Operations Specialist: Managing Risk and Efficiency
6 days ago
We are seeking a highly skilled Fund Operations Specialist to join our team at MUFG Investor Services. In this role, you will be responsible for managing risk and ensuring operational efficiency in our fund operations department.
Key Responsibilities- Review administrator documents for subscription, redemption, and transfer trades for clients
- Prepare or assist team members in AML and KYC packages as required by administrators of underlying funds
- Ensure all custody trades assigned to the team are executed as per deadline without exceptions
- Review wires for settlement of custody trades and perform callbacks with third parties
- Participate in multiple system improvement projects and automation projects
- Liaise with client, third-party, and internal client operations teams to resolve queries and issues with respect to custody trade execution
- Allocate custody trades and wires to preparers
- Ensure all custody trades executed by the team have been confirmed and accepted as per deadline
- Finding gaps and risks in current processes and taking required steps to fill gaps and overcome risks
- Liaise with internal IT teams to implement changes as needed
- Team Management responsibilities for a team of 10-12, including training new joiners, providing guidance on BAU inquiries, and ensuring timely response from team when internal and third-party communications are received
- Ensure SOPs for processes are in place and team members are following those
- University degree in an Accounting field
- Experience in Fund Administration industry within Fund Accounting space or Investor Operations/relations team with exposure to AML/KYC processes
- Understanding of Fund of Fund business
- Able to multitask and apply proactive approach to assigned deliverables
- Advanced investigative and problem-solving skills
In return for your expertise and dedication, we offer a competitive salary range of $80,000 - $110,000 per annum, depending on experience, plus a comprehensive benefits package that includes hybrid working arrangements, professional development opportunities, and a vibrant culture that values innovation, collaboration, and continuous learning.
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