Nature of role: 6 months contract (option to convert to permanent role)
Responsibilities
- Trailer Fee Computation
- Interpretation of trailer fee computation formula
- Able to translate contractual agreements to working files for fee computation.
- Checking/Reconciling past fees to counterparties, distributors and introducers
- Correcting Fee formulas in relevant agreements to avoid ambiguities
- Setting up system to facilitate and monitor fee computation and payments
- Maintain database and supporting documents for fee computation and fee.
- Communicate with counter parties internal and external eg. fund administrators, introducers, finance managers, operations teams
- Other ad hoc supports in Operations
Knowledge/Experience
- Various Fees chargeable by Funds, i.e. Sales Charge, Distribution Fee, Management Fee etc.
- Able to read the prospectus/fund documents to interpret associated fees and expenses along with total expense ratio caps applicable.
- Data churning and good use of data tools to simply the process.
- Dealing with Fund Administrator/ Transfer Agent
- Knowledge/Experience in Dealing with Distributors/Introducers
- Knowledge/Experience in Dealing with Various Fund classes
- Fund Management Operations
- Fund subscriptions/redemptions
- Fund NAV computation/reconciliation
Requirements
- Degree in accountancy or equivalent
- Possess minimum 1-2 years’ experience in fund administration
- Possess good spoken and written communication skills in English.
- Able to work as part of a team and independently when necessary
