Fund Operations Associate

Persistent Asset Partners Ltd; Hong Kong Island; On-site; HKD 480,000 - 720,000; Full time

Benefits offered by this job

Double pay

Discretionary bonus

Medical insurance

Health check allowance

Dental allowance

Job summary

Persistent Asset Partners Limited, founded in 2002, is a leading discretionary global asset allocator with Asia-anchored expertise. The role focuses on fund operations, NAV calculations and regulatory compliance in a dynamic environment, offering exposure to multi-manager strategies.

You will manage trade settlements, KYC/AML checks, and contribute to automation projects. Requires 3+ years in asset management and strong Excel and data skills in a fast-paced setting.

Qualifications

• Bachelor's or Master's degree in Finance, Accounting or Economics.
• Professional qualifications such as CPA/ACCA/CFA/CAIA are valued.
• 3+ years in Asset Management or Hedge Fund operations.
• Experience with fund accounting, NAV calculation and IFRS/US GAAP.

Responsibilities

• Handle trade allocations, affirmation and settlement for equity and fixed income funds.
• Daily reconciliation of positions, trade activity and cash balances.
• Oversee NAV calculations, cash management and margin maintenance.
• Assist internal reporting, financial statements and year-end audits.
• Coordinate FATCA/CRS reporting and regulatory compliance.
• Perform KYC/AML/ODD reviews and liaise with external parties.
• Drive AI automation to improve accuracy and reduce turnaround time.

Skills

Attention to detail

Communication skills (English,Mandarin

Problem solving

Independent worker

Education

Bachelor's or Master's in Finance/Accounting/Economics

Professional qualification such as CPA/ACCA/CFA/CAIA

Tools

Microsoft Excel

Enfusion

Bloomberg AIM

Broadridge

Linedata

Python

Job description

Persistent Asset Partners Limited, founded in 2002, is a leading discretionary global asset allocator and one of the largest based in Asia. The firm has built a strong reputation through consistent performance and innovation in multi-manager and fund-of-funds strategies. It has received multiple industry awards over the years, including "Fund of the Year" from InvestHedge and "Best Fund of Hedge Funds" from Asian Investor, Lippers, and HFM. Persistent Asset Partners offers a dynamic, professional environment for individuals interested in institutional-quality investment and fund operations.

Job Description:

• Handle trade allocations, affirmation and settlement for equity, fixed income fund, daily reconciliation on positions, trade activity and cash balance.
• Responsible for a full spectrum of fund accounting duties including NAV calculations, oversee cash management and margin level maintenance, fund operations matter.
• Assist in funds internal reporting, financial statements and year-end audit.
• Coordinate the delivery of FATCA/CRS reporting, ensure operational workflow comply with SFC regulations, FMCC and internal guidelines.
• Conduct compliance review and monitor business activities in accordance with regulatory and internal requirements.
• Perform KYC/AML/ODD review and monitoring.
• Liaise with various external parties such as legal counsels, auditors, fund administrators, prime brokers, and system vendors.
• Drive AI automation across the operations workflow — identify manual, repetitive processes (e.g. NAV reconciliation, daily return reporting, fee calculations, investor reporting) and implement AI-assisted solutions to improve accuracy and reduce turnaround time.
• Participate in other ad-hoc projects and duties as assigned.

Requirements:

Education and Professional Qualifications

• Bachelor's or Master's degree or above in Finance, Accounting, Economics, or a related discipline
• Professional qualification such as CPA, ACCA, CFA, or CAIA etc.

Experience

• 3+ years of experience in the Asset Management or Hedge Fund industry
• Strong foundation in fund operations, fund accounting, NAV calculation, and general finance principles
• Experience preparing and reviewing financial statements and related financial reporting for investment funds
• Knowledge of IFRS or US GAAP reporting standards for investment funds

Technical Skills

• Proficiency in Microsoft Excel (pivot tables, VLOOKUP, macros)
• Familiarity with different systems (e.g. Enfusion, Bloomberg AIM, Broadridge, Linedata etc.)
• Experience with or strong interest in AI tools and automation (e.g. Python, RPA, data extraction tools)
• Ability to evaluate and implement AI solutions for operational workflows
• Comfort working with large datasets and data validation processes

Soft Skills

Strong attention to detail and ability to work under tight deadlines

Excellent communication skills in English, Mandarin and Cantonese

Proactive problem-solver with a continuous improvement mindset

Ability to manage multiple priorities and work independently

Supportive, team-oriented culture in a friendly working environment

Double pay and discretionary bonus

Medical insurance, health check allowance, and dental allowance