Associate Director - Fund Accounting & Client Reporting

TN United Kingdom; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a motivated Associate Director to join their Global Public Delivery team in London. This role involves overseeing fund accounting and client reporting for a significant portfolio, ensuring compliance and timely reporting. The ideal candidate will have a strong background in fund management, excellent analytical and communication skills, and the ability to foster relationships across various teams. Join this innovative firm and contribute to the management of a diverse range of funds while enhancing operational processes and client satisfaction.

Qualifications

• Significant experience in fund management, especially in public fixed income.
• Ability to maintain relationships with internal and external stakeholders.

Responsibilities

• Oversee daily management of various open-ended funds and accounts.
• Coordinate with internal and external parties for fund reporting and compliance.

Skills

Fund Management

Portfolio Oversight

Client Relationship Management

Excel Skills

Analytical Skills

Communication Skills

Problem Solving

Education

Bachelor's Degree in Finance or related field

Tools

Aladdin

PowerBI

Job description

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Associate Director - Fund Accounting & Client Reporting, London

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Client:

Barings

Location:

London, United Kingdom

Job Category:

Customer Service

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EU work permit required:

Yes

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Job Reference:

17eefed4260d

Job Views:

8

Posted:

26.04.2025

Expiry Date:

10.06.2025

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Job Description:

At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.

We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.

Business Title: Associate Director

Location: London

Job Summary
Barings’ Global Public Delivery team operationally oversees all public accounts managed by Barings (~$406bn* in AUM) and has an opening for a motivated individual who would like to join our innovative team of financial professionals.

*As at March 2024

Primary Responsibilities

The candidate will be required to support the following core processes:

Portfolio Oversight and Fund Accounting:

Supporting the Global Emerging Markets and High Yield team within Global Public Delivery in order to meet their main responsibilities including:

Full ownership and responsibility for a number of various open ended funds (QIAIF and UCITs), and separately managed accounts, from a global perspective, including daily oversight and management of the funds, ensuring daily/monthly / NAVs are sent out on time, co-ordinating internal resources to correspond/reconcile external third party information and the subsequent reporting packages including manager reports, and various ad-hoc external and internal requests

General support for traders and portfolio managers, cash management oversight and operational issue resolution

Oversight of outsourced third party administrators and internal parties to ensure a high level of service. Raising service issues in an appropriate manner and following up issues to resolution

Maintaining awareness of client mandates, portfolio governing documents and regulatory restrictions
Coordinating and processing instruction for payment of fund expenses

Additional responsibilities to include:

Liaising with internal stakeholders (Portfolio Managers, Analysts, Business Development in both UK and US for investment and operational queries)
Liaising extensively with the third party administrators & other service providers including annual site visits, KPI service level meetings

Further interactions with Product Structuring, Investment and Legal teams on fund queries, budgeting, and expense monitoring as well as involvement in new fund launches. Also, liaising with internal reporting and tax teams to ensure the smooth running of the year end audit and tax processes in various jurisdictions ( UK, Ireland, US), overseeing the relationship between administrator and auditor.

Detailed understanding and interpretation of legal documentation including prospectus, investment guidelines, IMA, Credit and other third party agreements.

Oversee and enhance the team’s framework of monthly and quarterly processes/controls as appropriate
Preparation of monthly information on KRIs & KPI’s, in order to help senior management analyse, attribute & comment on operational performance.
Develop the ongoing implementation of standard Barings global operating processes and procedures across the firm and identifying improvements and effecting change where needed.

Coordinate projects and testing undertaken in accordance with agreed project timescales for initiatives within Global Public Delivery and the broader firm

Qualifications

Significant experience working in fund management on preferably within public fixed income, in a comparable sized organisation with similar interactions and challenges of a larger business; or a smaller size manager, with more complete ownership and looking to move to a larger, multi-asset investment manager. In all cases, the day-to-day responsibility and oversight of a number of funds

Proactive and ability to work with minimum supervision with the essential skill to think outside the box and see the bigger picture focusing on not only BAU but also process enhancements
Ability to develop and maintain relationships with key internal Barings stakeholders including direct exposure to other business lines e.g. Portfolio Managers, Sales, Legal, Compliance, Corporate functions across the organisation, both in Europe and US, as well as supporting effective external working relationships through timely communications with a range of related third parties e.g. TPAs, auditors, investors.

Significant experience of analysing and providing query resolutions e.g. performing deep dives into returns and valuation movements
Significant experience of managing TPA relationships with a proven track record in resolving any associated operational issues e.g. KPI client service meetings, high level interactions with relationship managers etc.
Clear communicator, both verbally and written for both internal audiences and external clients as well as ability to work to tight deadlines and flexible to meet workload;
Numerate with high attention to detail, accounting experience required as well as advanced Excel skills.

Previous experience with Aladdin and PowerBI would be a benefit.

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Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.