Delivery Lead - Open Ended Fund Integration

Apex Group Ltd (UK Branch); Reston (VA); On-site; USD 110,000 - 160,000; Full time

Benefits offered by this job

Market competitive remuneration

Exposure to all aspects of fund admin business

Unique opportunity in a niche team

Job summary

Apex Group Ltd (UK Branch) seeks a Vice President to lead the Delivery Lead team for Open Ended Fund Integration. The ideal candidate has over 12 years of experience in Hedge Fund administration, with strong project management skills and proficiency in advanced Excel. Responsibilities include managing workflows, overseeing fund setup, and collaborating with internal/external stakeholders. The role offers exposure to global stakeholders and market competitive remuneration and benefits.

Qualifications

• 12+ years experience in Hedge Fund administration or related field.
• Good knowledge of the investment industry.
• Strong attention to detail and accuracy.

Responsibilities

• Manage daily workflows of client deliverables within the team.
• Oversee fund setup for new business launches.
• Coordinate with internal/external stakeholders for project success.

Skills

Hedge Fund administration

Project Management

Advanced Excel functions

Financial analysis

Communication skills

Education

M.Com/CA/MBA – Finance/CFA

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.

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. The 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 timely 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.

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 elevate 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.