Analyst, Fund Operations

DoubleLine Group LP; Los Angeles (CA); On-site; USD 90,000 - 110,000; Full time

Job summary

DoubleLine Group LP is seeking a Fund Operations Analyst to administer the firm’s Intermediary Oversight program and coordinate relationships with financial intermediaries supporting its registered investment products. You will oversee onboarding, due diligence, contractual administration, shareholder servicing, and Sub-TA fee oversight.

The role involves cross-functional collaboration with Legal, Compliance, the Distributor, Transfer Agent, and internal stakeholders, with a focus on governance,

Qualifications

• 3+ years of experience in mutual fund operations or transfer agency.
• Experience with omnibus intermediaries is preferred.
• Knowledge of 12b-1 distribution and revenue share arrangements.
• Familiarity with intermediary due diligence frameworks, including FICCA, is preferred.

Responsibilities

• Administer and support DoubleLine’s Intermediary Oversight Group and related activities.
• Coordinate intermediary onboarding, due diligence, and ongoing oversight with Legal, Compliance, and other teams.
• Manage selling agreements, shareholder servicing agreements, Sub-TA agreements, and related amendments.
• Monitor servicing fee arrangements and participate in benchmarking against industry practices.
• Support day-to-day oversight of transfer agent services and third-party providers.

Skills

Mutual fund operations

Transfer agency

Shareholder servicing

Financial intermediaries

Data analysis (Excel/Power BI)

Tools

Excel

Power BI

MS Office

Job description

The Fund Operations Analyst is responsible for administering DoubleLine's Intermediary Oversight program and coordinating the firm's relationships with financial intermediaries supporting its registered investment products. This role is responsible for intermediary onboarding, ongoing due diligence, contractual agreement administration, shareholder servicing and Sub-TA fee oversight, and transfer agent oversight activities. Working cross-functionally with Legal, Compliance, Fund Operations, the Distributor, Transfer Agent, and other internal stakeholders, the Analyst helps ensure intermediary relationships are effectively administered and servicing arrangements comply with contractual and regulatory requirements. The position also supports Board reporting, service provider oversight, operational reporting, and process improvement initiatives related to intermediary and transfer agent activities.Job FunctionsAdminister and support DoubleLine’s Intermediary Oversight Group, a cross-department team that oversees Intermediary Relationships.Assist with Board reporting related to intermediary oversight activities.Coordinate intermediary onboarding, due diligence, and ongoing oversight activities in partnership with Legal, Compliance, the Transfer Agent, Distributor, and other internal stakeholders.Manage the execution and implementation of selling agreements, shareholder servicing agreements, Sub-TA agreements, and related amendments.Serve as an escalation point of contact for intermediary-related inquiries and issue resolution.Oversee shareholder servicing (Sub-TA), administrative servicing, and other intermediary compensation payments; coordinate payment with external vendors, Distributor and DoubleLine Accounts Payable department.Monitor intermediary servicing fee arrangements to ensure consistency with contractual obligations and participate in industry benchmarking surveys (e.g., Barrington Partners, ICI) to evaluate DoubleLine's servicing fee arrangements against industry practices.Maintain policies, procedures, operational documentation, and intermediary records to support internal governance, audits, and regulatory examinations.Support the day-to-day oversight of the Funds' transfer agent and other third-party service providers, including issue resolution, operational changes, and periodic service reviews.Investigate and resolve day-to-day operational items relating to TA functions and identify and implement process improvements and draft procedures.Support internal teams with commingled fund reporting and data related to Intermediary relationships and direct TA services.3+ years of experience in any of the following:Mutual Fund OperationsTransfer AgencyFund AdministrationFinancial Intermediary OversightDistributor OperationsShareholder ServicingExperience working with omnibus intermediaries is preferred.Strong understanding of:Mutual fund distributionFinancial intermediary operating modelsShareholder servicing (Sub-TA), 12b-1 distribution and revenue share arrangementsOmnibus accountsTransfer agency operationsNSCC Networking and Fund/SERV; DTCC Mutual Fund Profile I and IIFamiliarity with intermediary due diligence and oversight frameworks, including FICCA, is preferred.Proficiency in Microsoft Office products, particularly Excel and Power BI.Base Salary RangeThe estimated base salary range for this position is $90,000 - $110,000. In addition to base salary, this position is eligible for an annual discretionary bonus, plus a comprehensive benefits package.