Senior Fund Administrator

Job Type:
Job reference:
about 1 month ago

Senior Fund Administrator - Accounting & Valuations

Edinburgh/ Hybrid

Up to £165/ Day

12 Month Contract - likely extensions and strong possibility of permanent

Our client HSBC are currently seeking an experienced Senior Fund Administrator to join their team in the London office/remote working, this contract will be for 12 months with a review to be extended.

Role Purpose

To support the Manager in the delivery of Investment Administration services within Accounting & Valuations, in particular NAV production to assigned clients within agreed quality, timing and output targets.

Key Accountabilities

Complete understanding of valuations and fund pricing processes, the ability to independently resolve any issue and complete in line with KPI's

Complete understanding of accruals, specific journals and creation/cancellation process and the ability to independently resolve any issues

Complete understanding of daily/weekly/monthly reporting requirements (including Fund Manager Recs, I&B powers, Dilution Levy, TER's, Notional Dealings charges, Yields etc) and ensure that they are reported in line with KPI's.

Complete understanding of compliance/regulatory requirements

First line liaison with Centres of Excellence with review and release responsibilities for NAV and accrual processing.

Ability to deputise on a freestanding basis for GCB5 Manager within OR&C governance guidelines

Ability to effectively support and develop lower grade administrators through on the job training

Participate in the culture of ongoing process enhancements and reviews

Effectively communicate with Account Management and Implementation surrounding client, business as usual and projects.

Complete understanding of the reports required by Statutory Reporting and undertakes final stage sign off

Reviews and signs off training and procedure notes in line with current practices.

Completed the review of breach and error reporting procedures and reworking to confirm financial impact of errors.

Fund Services provides Investment Administration and Performance Consultancy services to Investment Managers and Pension Funds worldwide, including potential services to other parts of the HSBC Group. Fund Services intends to set new quality standards in a competitive environment, to help attract and retain a blue-chip client base.

Our clients operate in a highly regulated environment and it is of paramount importance that all internal controls and standard procedures are complied with at all times. Failure to comply could lead to financial penalties and damage to the Bank's reputation in the marketplace.

The role involves contact with client's' staff and other external parties such as auditors and trustees and all such communication must be conducted in a client friendly manner to project a professional image in the market place

Role Dimensions

The jobholder will, depending on the task, work independently or act as part of a team responsible for client servicing. They must ensure that all procedures are completed on time and in accordance with current guidelines.

The jobholder is responsible for ensuring that all preparatory work with regard to Accounting & Pricing is completed, that valuations are produced to deadlines consistent with valuation points and that issues are logged and queries are followed up, ready for review by the Manager.

The jobholder has the authority to sign off valuation reports.

Knowledge & Experience / Qualifications

  • In depth knowledge & extensive industry experience within Accounting & Valuations including NAV production.
  • Extensive valuation knowledge of varying investment vehicle types including but not limited to OEICs, Unit Trusts, Investment Trusts and Sicavs.
  • Excellent attention to detail and the ability to second level check the work of team members.
  • Ability to build and maintain relationships with colleagues and clients at senior management level.
  • Ability to communicate effectively in writing and verbally.
  • Ability to plan and organise workload to meet deadlines, taking into account relative priorities.
  • Ability to identify and initiate process improvements.
  • Ability to monitor performance against objectives, through the development of MI and taking corrective action.
  • Commitment to excellent customer service.
  • Proven ability to work independently and to motivate and influence others.
  • Management of Risk (Operational Risk / FIM requirements)
  • Responsible for the continual assessment of operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructuring and the impact of new technology.

Demonstrates compliance with HSBC Bank plc Group standards, manuals and policies and adheres to the defined work practices, internal controls and risk management standards associated with the role.

Observation of Internal Controls (Compliance Policy / FIM requirements)

Maintains HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.

Understands, follows and demonstrates compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business activities associated with the role, specifically HSBC Bank plc internal controls and compliance policies and manuals.

If you are relevant or interested please don't delay, contact me on 0161 503 5558/

Back job search
Back to Search Results