Contract Senior Fund & Investment Administrator

Itchyfeet Recruitment Agency; United Kingdom; On-site; GBP 35,000 - 55,000; Full time

Benefits offered by this job

25 days annual leave

Medical coverage (AXA PPP)

Job summary

Itchyfeet is assisting a UK financial services client in recruiting a Senior Fund & Investment Administrator on a temporary basis. The role focuses on shareholder due diligence, account opening, and fund valuation administration using AcuFund.

The successful candidate will manage shareholder communications, execute fee payments, and reconcile client bank accounts, liaising with custodians and auditors to ensure regulatory compliance. Permanent consideration for strong candidates is also possible.

Qualifications

• Minimum 3 years' experience in fund administration.
• Strong numerical abilities with accruals and pre-payments.
• Excellent written and verbal communication skills.

Responsibilities

• Collect and review shareholder Client Due Diligence and account opening documentation.
• Process shareholder deals in accordance with company procedures.
• Prepare and check fund valuations on a weekly, monthly, quarterly, bi-annual, and annual basis using the AcuFund accounting system.
• Review Investment Advisor trade recommendations to ensure compliance with fund investment restrictions and send instructions to the funds custodian.
• Manage shareholder communications and execute fee payments through various banking systems.
• Conduct client bank account reconciliations and risk reviews of fund shareholders.
• Liaise with fund custodians and auditors to support regulatory compliance.
• Assist with various project work as required by management.
• Check trade orders prior to authorisation and place trades for trust and company clients.
• Process trade payments and update security prices as necessary.
• Maintain internal spreadsheets and complete AML documentation for fund managers.
• Oversee dividend reinvestments and cash dividend payments.
• Prepare monthly market comparison reports and manage the central Investment email box.
• Prepare regulatory returns and FATCA/CRS reporting for fund activities.
• Compile administration reports for inclusion in fund Board Packs.

Skills

Numerate

Excellent written English

Excellent verbal communication

Education

ICA or Guernsey Offshore Certificate

Tools

AcuFund accounting system

Job description

Our client is seeking a Senior Fund & Investment Administrator to join their team on a temporary basis, working a 35-hour week. This role primarily involves overseeing the review and collection of shareholder Client Due Diligence, ensuring compliance with account opening documentation, and supporting the administration of fund valuations using an established accounting system. You will be responsible for managing shareholder communications, executing fee payments, and reconciling client bank accounts, while also liaising with fund custodians and auditors to ensure regulatory compliance. With this position, you will assist in various project work and other duties as required by management, playing a crucial role in maintaining the integrity of the funds administered. Additionally, our client is also open to considering permanent candidates with a strong understanding of fund valuations, who can undertake similar responsibilities.

Job Duties:

• Collect and review shareholder Client Due Diligence and account opening documentation.
• Process shareholder deals in accordance with company procedures.
• Prepare and check fund valuations on a weekly, monthly, quarterly, bi-annual, and annual basis using the AcuFund accounting system.
• Review Investment Advisor trade recommendations to ensure compliance with fund investment restrictions and send instructions to the funds custodian.
• Manage shareholder communications and execute fee payments through various banking systems.
• Conduct client bank account reconciliations and risk reviews of fund shareholders.
• Liaise effectively with fund custodians and auditors to support compliance with regulatory requirements.
• Assist with various project work as required by management.
• Check trade orders prior to authorisation and place trades for trust and company clients.
• Process trade payments and update security prices as necessary.
• Maintain internal spreadsheets and complete all requisite AML documentation for fund managers.
• Oversee dividend reinvestments and cash dividend payments.
• Prepare monthly market comparison reports and manage the central Investment email box.
• Prepare regulatory returns and FATCA/CRS reporting for fund activities.
• Compile administration reports for inclusion in fund Board Packs.
• Undertake any other duties as requested by management.

Job Requirements:

• A minimum of 3 years' experience in fund administration is essential.
• Highly numerate with a strong understanding of accruals and pre-payments.
• Excellent written and verbal communication skills.
• Ability to work to tight deadlines with great attention to detail.
• Capable of working independently as well as collaboratively within a team.
• A qualification such as an ICA or Guernsey Offshore Certificate is preferable but not mandatory.

What You’ll Love:

Our client offers an engaging work environment with opportunities for professional development, alongside non-salary benefits such as 25 days of annual leave, increasing with tenure, and medical coverage through AXA PPP.