Delivery Lead - Transfer Agency Integration

CO_AFATI Apex Fund Services LLP; Navi Mumbai; On-site; INR 4,000,000 - 7,000,000; Full time

Benefits offered by this job

Market-competitive remuneration

Global exposure to stakeholders

Job summary

Apex Group is seeking a Vice President Delivery Lead for Open-Ended Fund Integration in India (Bangalore/Pune/Mumbai). You will coordinate with Global Client Service Managers and Onboarding to set up and integrate administration for Open-Ended Funds, ensuring timely delivery and client satisfaction.

Ideal candidates have 12+ years in hedge fund administration, strong communication and project management skills, and a finance-focused degree.

Qualifications

• 12+ years in hedge fund administration or related field.
• Experience with NAV calculations and fund onboarding/migration.
• Finance degree or CFA/MBA preferred.

Responsibilities

• Plan, schedule and manage daily client deliverables.
• Oversee fund setup for new launches/conversions and project management.
• Coordinate onboarding/migration of funds onto Apex accounting platforms.

Skills

12+ years Hedge Fund administration

Excellent communication

Project management

Advanced Excel

Team collaboration

Education

M.Com/MBA/CA/CFA finance

Tools

Paxus

Geneva

InvestOne

Nexus

Job description

The Apex Group was established in Bermuda in 2003 and is now one of the world’s largest fund administration and middle office solutions providers. Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.

Your career with us should reflect your energy and passion. That’s why, at Apex Group, we will do more than simply ‘empower’ you. We will work to supercharge your unique skills and experience. Take the lead and we’ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities. For our business, for clients, and for you

Designation – Vice President 1/2/3 Role – Delivery Lead – Open Ended Fund Integration Bangalore/Pune/Mumbai - India The successful candidate will join the Open-Ended Fund Accounting Integration team as a Vice President and will be closely working with Global Client Service Managers and Client Onboarding Team in connection with the performance of duties related to the set-up and integration of administration of Open-Ended Funds. Candidate should have around 12+ years of relevant experience in the Administration of Hedge Funds, NAV Calculations or conversion/migration experience of onboarding/transferring funds from different administrators. The candidate requires excellent communication and has ensure that all interactions with the client and internal stakeholders are handled in a timeous manner and with a quality of response that continually exceeds the service expectations.

Reporting The position reports to Head of Department – Open-Ended Fund Accounting-Integration

About Apex

About Apex The Apex Group is a global financial services provider with 13,000+ staff across 100+ offices globally. We look to recruit bright, articulate and numerate employees who are not afraid of a challenge and are prepared to work hard and love what they do. Every employee plays a part in making Apex who we are today. The more we grow, the more important that becomes. Whatever your career path or expertise Apex provides a global platform to allow you to thrive.

Job Specification

• Planning, scheduling, and managing the daily workflows of all client deliverables within the team.
• Oversee fund setup of new business launches/conversions and project management and perform reviews where needed.
• Ensure team onboards clients/migrate data onto Apex accounting platforms by Reviewing fund legal documents and setting up fund structures in accounting system for new and existing clients.
• Perform detailed analysis to capture data points required for the data migration and client reporting requirements.
• Preparing datasets, required mappings, chart of accounts and upload to accounting platforms.
• Performing reconciliations, tying to published financial statements and investor statements.
• Facilitating discussions to resolve reconciling differences, if any.
• Preparing/reviewing the budget summary based on agreements/PPM and setup of the accruals in the system.
• Setting up/reviewing the Administration fee/Management fee in system accurately.
• Setting up/reviewing different type of performance fee.
• Providing the support/documents related to the setup and migration of funds as part of audit requirements.
• Lead projects related to automations/ migrations/ conversions/ process improvements, etc.
• Ensure Key Operating Procedures are reviewed and updated every quarter.
• Coordinating with Internal/External Stake holders such as Securities/Trades and Pricing Team, Reporting Team, Investor Services team, Auditors, Client Service Managers and Clients.
• Effectively monitoring deliverables to ensure SLA compliance within set accuracy standards.
• Create and maintain an action item list and a standard project plan for migration projects.
• Develop and maintain project timelines and deliverables.
• Manage external as well as internal expectations regarding deliverables, with regular client and internal meetings as required.
• Participate in and / or lead new service initiatives and projects.
• Provide regular updates to senior management and escalates issues proactively.
• Ensure proper documentation as part of Set-up, migration and handover is maintained and archived by the team.
• Maintain/Own team and project static data for management reporting purposes.
• Manage escalations and risk management of the integration processes.

Skills Required

• Experience working with an investment management or finance-related firm.
• Good knowledge of the investment industry with 12+ Years in Hedge Fund administration or related industry with end – to – end experience.
• M.com/CA/MBA – Finance/CFA
• Exposure to accounting platforms – Paxus/Geneva/Investone/Nexus is an advantage.
• An ability to think critically and objectively, challenge assumptions.
• Experience with general ledger accounting, demonstrated attention to detail and accuracy, analytical, technical, organizational, and problem-solving skills.
• Proficiency in advanced Excel functions.
• Excellent communication and inter-personal skills.
• Work additional hours as needed.
• Capacity to work as an individual contributor
• Project Management

What you will get in return

• A genuinely unique opportunity to be part of a niche team.
• Exposure to all aspects of the fund admin business, cross-jurisdiction and direct access to global stakeholders.
• Market competitive remuneration and benefits.

Additional information

We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependants, physical or mental disability. Any hiring decision are made on the basis of skills, qualifications and experiences. We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet. For more information on our commitment to Corporate Social Responsibility (CSR)) please visit https://theapexgroup.com/csr-policy/

Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.

About Apex Group

We are dedicated to driving positive change in financial services while fuelling the growth and ambitions of asset managers, allocators, financial institutions, and family offices. Established in Bermuda in 2003, the Group has continually disrupted the asset serving industry through our investment in innovation and talent. Today, we set the pace in asset servicing and stand out for our unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals. We’re a people-powered business, and our people are full of ambition. Together, we’re inspired to lead the new era of data and tech enabled service. Bringing new products and services to market. Sharpening our client focus. Disrupting the market to exceed expectations. Innovating across a range of specialisms. With our focus on making a difference to our people, our planet and our society, you’ll experience more here than you would at most other companies. Prepare to accelerate. We’re a people-powered business with a vision to inspire a new era of service-led FinTech. We’re expanding globally and offering more to our clients. This means you get more opportunities to grow with us. So prepare to accelerate. We’ll make sure the time and effort you put in takes you further, faster. Positive change starts with you. We’re a people-powered business with a vision to inspire a new era of service-led FinTech. We’re expanding globally and offering more to our clients. This means you get more opportunities to grow with us. So prepare to accelerate. We’ll make sure the time and effort you put in takes you further, faster. The journey is yours to own. When you stretch yourself, you grow. We want you to explore ways of working that will see you thrive as part of something bigger. We’ll help you with a solid structure, challenging projects, vibrant networks, supportive colleagues and approachable leaders. All the things you need to own your unique journey. Find out more about us