Assistant Fund Operation Manager

Hong Kong Job Consulting; Hong Kong; On-site; HKD 480,000 - 720,000; Full time

Job summary

Hong Kong Job Consulting is seeking an Assistant Fund Operation Manager to oversee daily fund operations, including investment dealing orders and settlements. You will ensure proper authorization and control and support month-end closing with accurate accounting and reconciliations.

You will collaborate with custody banks and cross-functional teams to enhance the back-office system, review policies, and implement controls to mitigate risk while driving efficiency in fund processes.

Qualifications

• Accounting/Finance/Investment degree required.
• Minimum 5 years in investment fund operations.
• Familiar with fund operations process and control.
• Knowledge of back-office systems (Oracle, SUN, LifeAsia) is a plus.

Responsibilities

• Act as a checker for daily fund operations, including orders and settlements.
• Support Finance Reporting for month-end investment closing with accuracy.
• Maintain contact with custody bank.
• Manage investment back office system and coordinate system enhancements.
• Formulate and review investment back office policies and controls.
• Establish control measures to reduce risk in fund processes.
• Participate in fund projects as subject matter expert.
• Review and improve processes to increase efficiency and reduce risk.
• Perform other duties as assigned.

Skills

Communication skills

English & Chinese proficiency

Independent working

Attention to detail

Education

Accounting/Finance/Investment degree

Tools

Microsoft Office

Oracle

SUN

LifeAsia

Back-office systems

Job description

About the job Assistant Fund Operation Manager

Responsibilities:

• Act as a checker and be responsible for daily fund related operation including investment dealing orders and investment settlements to ensure appropriate authorization and control in place.
• Work closely and support Finance Reporting team for investment asset month-end closing in a timely manner with accuracy and completeness e.g. investment accounting, manual journals, fund unit reconciliations, as well as support company and group investment reporting
• Keep good contact and cooperation with custody bank.
• Manage and maintain the investment back office system, work across departments for continuous enhancements on the system that meets the Company's needs.
• Formulate and regularly review the relevant policies and rules of investment back office
  which meet the Company's needs to reduce risk.
• Establish effective control and measures to fund operations processes. Monitor and identify abnormal transaction and elevate if required.
• Participate in fund related projects, be the subject matter expert in fund operations.
• Consistently review and recommend improvement in current process to increase efficiency and reduce risk.
• Any other job duties as assigned by Manager.

Requirements:

• Accounting or Finance or Investment related degree holder
• Minimum 5 years work experience in investment fund operations and familiar with the fund operations process and control
• Insurance accounting and investment accounting knowledge is a plus
• Experiences in MPF, pension, fund of fund is highly advantageous
• Good knowledge of Microsoft Word, Excel, and PowerPoint
• Good communication skills in both written and spoken English and Chinese
  Able to work independently, under pressures and demanding deadlines
  Good interpersonal and communication skills
• Knowledge of Oracle account, SUN account, LifeAsia and back office system is an advantage