Reports to the VP of Portfolio Accounting and is responsible for shadow accounting and operational oversight for ensuring the accuracy of portfolio accounting information and administrator services for a range fixed income and derivative instruments managed on behalf of clients and across platforms including hedge funds, and other complex fund structures.
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Day-to-Day
· Leadership of team members performing shadow accounting functions.
· Assist managers in day-to-day supervision of associates within their respective teams
· Ensure periodic fund NAV, investor reporting, and financial reporting deliverables and deadlines are being met as per agreement with external administrators
· Work with the external administrators, accounting agents, Prime Brokers, internal team members, and other service providers to resolve fund accounting and any other operational issues as escalated by the team through shadow accounting and/or strong oversight review.
Collaboration and Partnership
· Assist Product Management, Sales & Marketing, Client Support, and Legal teams in performance of operational due diligence and legal document review in conjunction with product/account launches and ongoing support as required.
· Assist with managing relationships with external fund and accounting administrators.
· Participate in periodic client facing due diligence meetings
· Respond to ad hoc requests from internal and external stakeholders
· Accountability for securities and cash accounting information utilized for key processes by other teams (Performance Measurement, Client Reporting, etc.)
· Provide and support any internal reporting required (i.e. fund metrics, AUM, fee revenue, investor data)
· Close collaboration with Portfolio Administration required to aid with researching and resolving cash breaks and valuation.
· Oversee group projects and initiatives that may or may not span across functions and departments (i.e. Prime Brokers, Regulatory, Account Transfers, etc.)
Analysis and Regulatory Reporting
· Execution of regulatory reporting (Form PF, FATCA and Common Reporting Standards).
· Oversight of annual audits performed by independent accountants in conjunction with external administrator involvement.
Strong Controlled Environment
· Review key control reports prepared by the external administrators as part of the monthly NAV process including cash, position, and P&L reconciliations as well as accuracy of investor allocations for accuracy and completeness.
· Implement and review management metrics and key risk indicator reports to ensure internal operational effectiveness of the team and processes.
· Oversight of annual audits performed by independent accountants in conjunctions with external administrator involvement.
Qualifications
· Bachelor’s degree required, preferably in Accounting or Finance.
· 10+ years of Fixed Income experience.
· Previous management experience is highly preferred.
· Proficient in Excel.
· Experience supporting a variety of vehicles ranging from simple single client advisory accounts to complex off-shore feeder structures.
· Deep knowledge of Fixed Income, Derivative, and Bank Loan instruments and associated behaviors and accounting treatment.
· Knowledge of Form PF reporting, W-8 & W-9 tax forms, FATCA & Common Reporting Standards required.
· Detailed experience with repos, share class hedging, long/short strategies, accruals and fee calculations.
· Detailed knowledge of regulatory environments and rules associated with account structures and financial instruments.
· Strong supervisory skills to ensure quality, controls, and development opportunities.
· Investment company financial reporting expertise.
· Strong knowledge of BRS Aladdin functionality is a plus.
· Periodic US Domestic and International travel may be required.
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