Associate - Fund Administration (Fund Accounting) - Hedge Daily

The Catalyst Group; Rio de Janeiro; Presencial; BRL 30.000 - 60.000; Tempo integral

Resumo da oferta

An established industry player is seeking a proactive Associate to join their dynamic team in Rio de Janeiro. This role emphasizes the importance of accuracy in financial data management and involves collaboration with various teams to enhance operational efficiency. You will engage in vital tasks such as reconciliation, reporting, and client communication, ensuring that all deliverables meet high standards. Ideal candidates will have 1-3 years of experience in Fund Administration, a relevant degree, and a passion for continuous improvement. If you thrive in a fast-paced environment and are eager to make a significant impact, this opportunity is for you.

Qualificações

• 1-3 years experience in offshore Fund Administration or similar role.
• Strong understanding of financial derivatives pricing and data management.

Responsabilidades

• Conduct reconciliations of cash, positions, and corporate actions.
• Prepare and deliver comprehensive reports to clients.
• Participate in system upgrades and maintain operational efficiency.

Conhecimentos

Fund Administration

Data Management

Financial Derivatives Pricing

Client Communication

Reconciliation and Reporting

Operational Support

Compliance

Formação académica

BSc in Mathematics

BA in Engineering

BA in Computer Science

Descrição da oferta de emprego

This role is based in our office in Rio de Janeiro, Brazil.
As an Associate, you
will
report to the Senior Associate Director.

The Associate
is responsible for ensuring the accuracy and integrity of financial data thorough reconciliations and detailed reporting for complex fund structures. This role requires a deep understanding of portfolio systems and involves collaboration with various internal teams to support client deliverables, manage system upgrades, and maintain operational efficiency.

From a high-level perspective, the core responsibilities that form your role are broken down into the following 8 categories:

1. Reconciliation and Reporting

2. Data Management and Query Resolution

3. Client Communication

4. System Management and Upgrades

5. Operational Support

6. Client Implementation Support

7. Continuous Improvement

8. Risk and Compliance Responsibilities

Your Daily Tasks

The following are the tasks linked to the Core Responsibilities that will be expected as part of this role:

1. Reconciliation and Reporting:

Includes (but not limited to) the following tasks:

a. Comprehensive Reconciliations: Conduct thorough reconciliations of cash, positions, interests, expenses, and corporate actions, comparing data from clients, brokers, custodians, and other sources.

b. Detailed Reporting: Generate and support T+1 reconciliations for clients, ensuring that cash, market value, security-related events, and corporate actions align between our Portfolio System and counterparty information.

c. Development of Templates: Create new reconciliation templates using data management tools to enhance efficiency and accuracy in reporting.

2. Data Management and Query Resolution:

Includes (but are not limited to) the following tasks:

a. Data Monitoring: Assist with data entry and closely monitor trades, prices, and security-related data, addressing and resolving exceptions as needed.

b. System Query Resolution: Tackle system-based queries impacting the accuracy of position and P&L valuations, ensuring timely and effective resolution.

3. Client Communication:

Includes (but are not limited to) the following tasks:

a. Reporting to Clients: Prepare and deliver comprehensive reports to clients on a daily, weekly, and monthly basis as required, ensuring clarity and accuracy.

b. Advocacy and Support: Collaborate with team members to act as advocates for clients within Catalyst, ensuring all deliverables meet the Administration Service Agreement and Service Level Agreements.

4. System Management and Upgrades

Includes (but are not limited to) the following tasks:

a. System Upgrades Participation: Participate in workstreams focused on system upgrades and maintenance of Advent Geneva and other data management applications.

b. Pricing Workflow Management: Oversee the automated pricing process, troubleshoot issues, and establish new pricing workflows, including setups for MarkIt, BVAL, and other pricing vendors.

5. Operational Support

Includes (but are not limited to) the following tasks:

a. Operations Delivery Calendar: Maintain the Operations delivery calendar to ensure timely delivery of daily fund administration products and services.

b. Audit Preparation: Assist in managing the year-end audit and financial statement preparation process for all assigned funds, assisting with auditors and internal teams.

c. Board Meeting Reports: Contribute to the preparation of reports for the Fund’s Board of Directors meetings, ensuring all necessary information is presented accurately.

6. Client Implementation Support

Includes (but not limited to) the following tasks:

a. Collaboration for System Setups: Work closely with Client Implementation and operations teams to facilitate system setups, interface programming, and portfolio reporting for client deliverables.

7. Continuous Improvement

Includes (but not limited to) the following tasks:

a. Ad-Hoc Support: Provide day-to-day support for ad-hoc requests from clients and internal teams, demonstrating a proactive approach to client service.

b. Process Development: Share insights to drive the development of new processes and procedures that enhance business efficiency and support exceptional client service.

c. Industry Awareness: Stay informed about industry, regulatory, and jurisdictional trends that could impact the business, and contribute to the creation and implementation of new products and solutions to meet evolving client needs.

8. Risk and Compliance Responsibilities:

Includes (but not limited to) the following tasks:

a. Compliance Tasks: Perform routine compliance checks and adhere to company risk and compliance processes and policies.

b. Record Keeping: Maintain organized records of compliance documents and reports.

c. Assistance in Audits: Provide support during internal audits and compliance reviews.

d. Research Support: Assist in research for compliance-related queries and regulatory information.

e. Learning and Development: Engage in learning opportunities to understand compliance principles and regulations.

Additional Strategic Expectations

· Share insights to enable development of new processes and procedures that will create business efficiency and support delivery of client excellence in service.

· Contribute to the creation, development and implementation of new products and solutions to accommodate the businesses continuous changing needs.

· Collaborate cross-functionally with operations staff, business users, project, and implementation managers to achieve desired and elegant solutions.

Required Skills & Experience

Are you getting excited? We
are! Before
we get too carried away, there are a few requirements you’ll need to check off before you can apply for the position:

· At least 1 - 3 years' experience with offshore Fund Administration or in a similar role.

· BSc or BA, in Mathematics, Engineering, Computer Science or similar field.

· Previous experience with financial derivatives pricing and accounting (desirable).

· Previous experience with data management.

· The candidate must be an energetic professional.

· Innovator & self-starter with high energy and drive.

· Proactive, taking initiative to identify and address challenges before they become problems.

· Effective communicator, able to convey ideas and information clearly and convincingly.

· Fluent in English (writing & speaking).