Daily Ongoing:
- Coordinate with Fund Administrator on ongoing requirements of funds in relation to the following.
- Regulatory requirements
- Settlement of trades
- Movement of funds
- Daily, Fortnightly and Monthly official NAVs
- Board meetings
- Meeting of Investment Committees
- Subscriptions and redemptions
- KYC on investors
- Queries from investors
- Payment of fund expenses
- Oversee the ongoing operation of the funds ie Equity UCITS Funds, Fixed Income Funds, ETF etc
- Processing of trades and daily calculation of NAV for the funds and oversee the daily/periodic calculation of NAVs
- Replication of accounting records on the system adopted by NAMS.
- Interaction with Prime Brokers, Custodians etc
- Coordinate the annual preparation of financial statements and audit of the funds.
- Coordinate the quarterly and annual tax filings of the funds in various jurisdictions primarily Mauritius, India and US with Tax Consultants.
- Coordinate the annual preparation of K1s for US investors
- Account opening and adoption of counterparties.
- Broker empanelment and ongoing review as per the guidelines.
- Changes in PPMs and fund documents.
- Review of Operating Procedures of the Funds.
Others NAMS:
- BCP – Ensure adequate plan in place for NAMS and oversees the annual BCP testing.
- Annual regulatory surveys
- Annual review of outsourcing service provider
- Professional Indemnity Cover – Ensure adequate cover at all times and timely renewal of policy.
- Review of Operating Procedures of NAMS.
JOB RESPONSIBILITIES
- Ensure that all internal and external approval in place for any new products.
- Ensure the timely and accurate set-up of the funds.
- Ensure correctness of fund documents, PPMs, M&A, Operating agreements, Constitution, etc.
- Ensure proper tie up between NAMS and the funds, and between the funds and other parties Fund administrators, Custodian, Prime Brokers etc.
- Ensure appropriate and efficient operating procedures in place for the smooth operation on a day-to-day.
- Ensure that issues are properly and timely dealt with or escalated.
- Ensure timely reporting to Investors and other stakeholders.
- Ensure timely tax and regulatory filings for all funds
KEY SKILLS NEEDED IN THE ROLE
- Good understanding of the AMC products
- Good understanding of Fund Structuring and legal form of entities in offshore jurisdictions
- Good understanding of the Corporate Governance and Compliance of the funds including Board meeting procedures etc
- Good understanding of NAV concept, NAV calculation, equalization etc.
- Good communication skills both oral and writing to coordinate matters among the various parties
- A thorough understanding of the work of the Fund administrator
- Self-initiator in problem solving and project management skills.
- Good knowledge of the regulatory filings in the offshore jurisdictions
- Familiarity with tax regulations and filings in US and other offshore locations
- Knowledge of IFRS and accounting principles for audit and accounts preparations
- Ability to discuss with various parties and prepare operating procedures
- Ability to work with minimum supervision
- Ability to handle multiple tasks
- Ability to transform manual processes to semi or fully automated process through various excel tools.
If you're interested in this role, click 'apply now'
If this job isn't quite right for you but you are looking for a new position, please contact us [email protected] / +65 6645 4540 for a confidential discussion on your career.
License No: 11C3510 / EA Reg ID: R1658237
