Junior Associate Director, Portfolio Operations – Cash Reconciliations

MUFG Investor Services; Kuala Lumpur; Hybrid; MYR 200,000 - 250,000; Full time

Job summary

A leading financial services firm in Kuala Lumpur is looking for a Junior Associate Director in Portfolio Operations – Cash Reconciliations. This role involves managing cash reconciliations for investment funds and overseeing junior staff while ensuring compliance with client SLA agreements. The ideal candidate has a strong accounting background, at least 6 years of experience in investor services or asset management, and is familiar with reconciliation technology. This position offers an excellent compensation package and a hybrid working environment.

Benefits

Group medical insurance

Group pension scheme

Reimbursement of professional subscriptions

Paid holidays

Assistance towards gym memberships

Qualifications

• At least 6 years of experience in investor services or asset management.
• Good understanding of investment fund structures.
• Experience with reconciliation technology is preferred.

Responsibilities

• Ensure client transaction processing is complete and booked correctly.
• Manage oversight of junior staff deliverables.
• Engage in process improvement initiatives.

Skills

Client-centric mentality

Strong problem-solving skills

Ability to work autonomously

Good communication skills

Education

University degree in relevant fields

Tools

Excel

Reconciliation tools

Job description

Junior Associate Director, Portfolio Operations – Cash Reconciliations

Experience something Brilliantly Different with a career at MUFG Investor Services.

Who are we? In a nutshell, MUFG Investor Services is part of the Mitsubishi UFJ Financial Group, and we partner with over 480 loyal global investment firms to provide them with administration, asset services, banking and fund financing.

We’re in 14 global locations and provide an exceptional hub of Brilliantly Different talent to thrive.

Job Description

This is a vital role in ensuring MFS can deliver on its internal SLA agreements and deliverables as agreed with Client Delivery teams for the cash reconciliations and other live cash services for a range of low to complex Private Equity Investment funds. The Junior Associate will manage their time effectively to nurture training and oversight of deliverables from junior staff, as well as review necessary work. They will also need to be involved with daily tasks and other BAU as dictated by the SLAs and deliverables.

The candidate will have a strong understanding of the structures and types of products within a private investment fund as well as strong accounting knowledge for the double entry and booking of transactions through the accounting system. Ideally the candidate will be a self-starter and also look to become involved in improvement projects for the team such as automation and technology.

For this role you may be tasked with reviewing the work of an Associate, ensuring tasks are completed and issues appropriately investigated. A Junior Associate Director will likely be the lead for multiple client collection accounts belonging to a Client Delivery team as well as having the ability to assist across other workstreams where necessary for coverage. The candidate would also be responsible for knowledge transfer and training to new joiners.

• Ensure client transaction processing is complete, booked correctly & back up evidence is accurate.
• Review reconciliations prepared by other members of the team where necessary to maintain flow of workloads and coverage across the wider team.
• Operate and oversee in-house reconciliation technology as well as being involved in internal discussions for improvements and automations.
• Ensure to engage in suggesting ideas and efficiency improvements to the process framework.
• Liaise with other Investor and Client delivery teams within MFS in other locations.
• Ensure accuracy at all times and ensure SLA deadlines are met and strictly adhered to.
• Support the new account migration processes.
• Involvement in projects and managing change.
• Oversight of reconciliation and data transmission technology.
• Escalate issues appropriately as and when needed.

Qualifications

• University degree in Computer Science, Math, Business Studies, Economics, Finance, Accounting or an equivalent combination of education and experience will also be considered.
• Candidates will require at least 6 years’ experience within investor services, private equity or asset management sectors.
• Microsoft office applications.
• Good understanding of security transactions and investment fund structures.
• Strong understanding of bookkeeping and capital transaction movements.
• Ability to work autonomously as well as part of a team, possessing strong problem solving skills.

Preferred

• Experience with reconciliation tools or technology, a portfolio management system or an investment accounting general ledger, such as Investran, Geneva, Mantra or Yardi.
• Advanced Excel knowledge; comfortable with pivot table and functions e.g. TEXT, LOOKUP, MATH, IF, would be useful.
• Intermediate knowledge of VBA, SQL or any programming knowledge would be an advantage.

Client Focus

• Client-centric mentality to deliver an excellent service to internal client facing teams within MFS.
• Good communication skills and composure under pressure when dealing with internal teams.
• Responds to queries in a timely, approachable and responsive way.
• Ability to maintain long term relationships with clients.

Drive for Results

• Ability to complete tasks on time and in a quality manner without much oversight.
• Able to exercise initiative in the performance of duties.
• Looks for and seizes opportunities to do more or to do thing better.
• Promptly notifies his/her manager about any problems that affect his/her ability to accomplish planned goals.

Interpersonal Skills

• Ability to work in a team, communicate effectively and establish positive working relationships with others.
• Ability to act as role model to junior staff members and assist in their development. Willingness to share their knowledge and experience.
• Strong oral, written and communication skills with the ability to interact and communicate effectively with all levels of management, users and vendors.
• Approachability and willingness to listen to others and to learn from peers/leaders.

Personal Capability

• Creativity in exploring solutions to improve day-to-day operational efficiency, motivated to take on additional projects and solve problems.
• Fundamental understanding of technical processes and requirements of the role.
• Good organization skills and able to multi-task, prioritize projects and work under tight timeline.
• Strong attention to detail while working in a fast paced environment.

Additional Information

At MUFG Investor Services, we are exceptionally proud of our approach to Hybrid Working. It enables the flexibility to thrive from wherever our employees work and, stay connected to their team and our culture. When we make Hybrid Working plans, we get to know the individual and pride ourselves in underpinning all our decisions with fairness and consistency.

MUFG Investor Services provides all of its employees with an extremely attractive compensation package. In addition to base salary, there is a group medical insurance scheme, group pension scheme, reimbursement of professional subscriptions, paid holidays and assistance towards gym memberships.

We thank all candidates for applying; however, only those proceeding to the interview stage will be contacted. If you are contacted for a job opportunity, please advise us of any accommodations needed to ensure fair and equitable access throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only to provide an accessible candidate experience.

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