Fund Administrator

Sterling Capital Management LLC; Charlotte (NC); On-site; USD 80,000 - 120,000; Full time

Job summary

A financial services firm in Charlotte, NC is seeking a professional to oversee and coordinate the legal and financial administration of mutual funds and ETFs. The ideal candidate will have a Bachelor's degree in business, finance, or a related field, extensive knowledge of the financial industry, and experience in product management. Responsibilities include managing vendor relationships, regulatory compliance, and fund performance analysis. The role may require occasional travel.

Qualifications

• Experience in mutual fund and/or ETF product management, trust, brokerage, client servicing or financial administration.
• Ability to travel, occasionally overnight.
• 2-5 years of experience in mutual fund product management preferred.

Responsibilities

• Oversee and coordinate legal and financial administration for mutual funds and ETFs.
• Create structure for management support of vendor relationships.
• Manage various regulatory, financial, accounting, and compliance aspects of the Funds.

Skills

Excellent working knowledge of the mutual fund and/or ETF industry

Strong interpersonal and relationship management skills

Strong computer skills

Education

Bachelor’s Degree in business, finance, accounting or economics

MBA or JD

Tools

MS Office products

Job description

Sterling Capital Management LLC (Sterling), headquartered in Charlotte, North Carolina, is a registered investment adviser founded in 1970.

Job Statement

Oversee and coordinate the legal and financial administration to include the fund accounting and transfer agency functions of the Sterling Capital Funds, a family of mutual funds and ETFs for which Sterling Capital Management serves as investment advisor and/or administrator, and any other registered investment companies or pooled investment vehicles (e.g., common trust funds, exchange-traded funds, etc.) administered by Sterling Capital Management (collectively, the “Funds”).

Essential Duties and Responsibilities

• Create a structure for management support of various vendor relationships (sub-contractors) of the Funds, including identification of pertinent contact personnel to include the funds’ sub-administrators, transfer agencies, fund accountants, custodians, legal counsel, and auditors.
• Plan and initiate the implementation of business relationships with the vendors.
• Oversee the activities of the vendors to include periodic on-site review of activities as well as constant review of vendor reports to ensure accuracy.
• Coordinate the preparation of the Funds’ prospectuses, semi-annual and annual reports, and board meeting materials.
• Negotiate pricing of vendor services and identify impact to fund expenses as well as net income.
• Orchestrate all board meetings regarding business agendas for various relationships and interactions with service providers.
• Project size and expense of various Fund-related projects and activities.
• Analyze and identify opportunities for growth and product development.
• Solicit feedback from key vendors and Sterling Capital or Guardian Capital management regarding the status of Fund performance and/or business development activities.
• Coordinate support functions for relationships with service vendors, including organizing, planning, and implementing new products, features, and services.
• Manage the various regulatory, financial, accounting, and compliance aspects of the Funds.
• Review Fund proxies and supplements to the Funds’ prospectus as necessary
• Review shareholder trading activity pursuant to Rule 22c-2 as required
• Participate in various industry seminars as attendee, panelist, and consultant

Required Qualifications:

• Bachelor’s Degree in business, finance, accounting or economics, or equivalent education and training
• Experience in mutual fund and/or ETF product management, trust, brokerage, client servicing or financial administration
• Excellent working knowledge of the mutual fund and/or ETF industry
• Strong interpersonal and relationship management skills
• Strong computer skills, including demonstrated proficiency in basic computer applications such as MS Office products
• Ability to travel, occasionally overnight

Preferred Qualifications:

• MBA or JD
• 2-5 years of experience in mutual fund product management, trust, brokerage, client servicing or financial administration