Responsibilities
Specific responsibilities include but are not limited to:
Bi-monthly dealing date NAV reconciliation (P&L, accruals, management fees, expenses) with fund administrators for liquid loan comingled funds. Including calculation and review of fund returns, attribution and contribution performance analysis vs benchmarks, asset, investor and fund IRRs
Point liaison with fund administrators, working closely with Fund Accounting team to navigate through Day 1 (cash, positions, market value reconciliations), Day 2 (P&L and fund returns) and Day 3 (NAV sign-off).
Managing subscription and redemption process with fund administrators
Monthly investor periodic reporting and distributions calculations
Maintenance of investment guidelines within portfolio management systems (via Everest Compliance)
Working with Markit to complete LMA and LSTA loan documentation to ensure transactions are closed and settled accurately and within deadlines, including reviewing senior credit / intercreditor agreements to ensure compliance with transfer, tax, regulatory and eligibility criteria
Trade and security entry into portfolio management system (Everest), VPM and Wall Street Office (WSO)
Processing coupon / interest / principal / corporate action activity on underlying portfolio positions
High yield bond settlements via Euroclear/Clearstream/DTCC
Ad-hoc special projects as requested by portfolio managers and other internal groups
Routine interaction with corporate service providers, trustees and administrators
Building strong relationships with counterparties, corporate service providers, trustees and administrators
Candidate Profile
Ideally graduate with a bachelor’s degree in a finance or an accounting discipline
Fund controller / Fund operations experience necessary
CLO experience desirable, but not essential
Understanding and familiarity of loan settlement and loan documentation (LMA / LSTA, knowledge of lender / tax status applied in loan transfer documentation) preferable
Help with operational issues and providing solutions
Can build awareness of industry initiatives and market trends that can impact the business
Assist more senior team members in improving operational efficiency
Manage projects, multi-task and prioritise
Positive attitude and ability to work under pressure
Strong Microsoft Office knowledge (particularly Excel)
VPM, Wall Street Office, Clearpar, Allvue Everest, and Bloomberg knowledge
PowerBI experience preferable
Experience with other fixed income products - bonds and ABS securities preferable
