Fund Management Associate

JSR Services; Guaynabo (PR); On-site; USD 60,000 - 90,000; Full time

Job summary

JSR Services seeks a Fund Management Associate to join the Fund Management Division. The Associate collaborates with Business Development, Credit, Operations and Finance to support onboarding, investor communications, and daily fund operations.

The role involves due diligence, preparing reports for funding sources, developing financial models, and assisting in fundraising with banks, credit unions, and investors.

Qualifications

• Bachelor’s degree in Business Administration with a concentration in Accounting, Finance or Economics or related experience.

Responsibilities

• Assist in onboarding new investors, including background verifications and documentation.
• Prepare investor communications and reports on investments and performance.
• Manage day-to-day fund operations and cash flow reconciliations with Finance.
• Support regulatory reporting and respond to audit requests.
• Develop funding memos and presentations for management and external partners.

Skills

Spanish/English bilingual

Strong communication

Analytical thinking

Attention to detail

Independent worker

Education

Bachelor’s degree in Business Administration (Accounting/Finance/Economics)

Tools

Microsoft Excel

PowerPoint

Job description

The Fund Management Associate (“FMA” and/or “Associate”) is part of the Fund Management Division.The Associate is required to work closely with the other departments and affiliates, including but not limited to: Business Development, Credit, Operations and Finance Teams.Fund Management is an investment advisory firm which provides investment advisory and management services currently to four pooled investment vehicles.

KEY ACCOUNTABILITIES

• Assist in the onboarding (due diligence) of new investors including but not limited to conducting the background verification process and delivery and review of required documentation.
• Prepare investors communications- Communicating effectively with investors regarding their investments such as funds updates, distribution certificates, among others. Creating reports on investment activities and performance. Communication with investors and prospects as needed.
• Managing day-to-day operations of the Funds, including cash flow. Involves preparing certain reconciliations with the Finance Department.
• Assist in working and delivery of periodic or ad-hoc reporting requirements including Regulatory requirements and/or Audit requests.
• Prepare, along with the rest of the FM team, funding recommendation information and memos and present them to the Company’s management. Once approve funding recommendation, FMA must assist the Fund Management team in fund raising efforts directed and coordinate to identify, develop, and manage funding sources and partners such as credit unions, banks, finance companies, debt and equity funds, accredited investors, and other financially sophisticated sources of funds, including preparation of presentations, term sheets and negotiation terms and conditions. Attend meetings with funding sources, investors, and borrowers/lessees.
• Assist FM team in the development of financial models for investment vehicles.
• Assist the Legal Counsel on the preparation of the legal documentation for purchase/sale agreements with funding sources.
• Identifying new opportunities for investments.
• From time to time, provide support to other members of the FM team on other investment functions.
• Maintain a high level of professional and technical knowledge of structured finance, credit, and syndicated debt markets, among other related fields, by participating in trainings and workshops for professional development, establishing personal networks in professional associations.

• Assist the Fund Management Team by preparing credit and investment / funding recommendation information and memos and present them to the Company’s management, credit committee, and board of directors, or to external capital / funding sources, as applicable.
• Assist the Fund Management Team by developing financial models for the above purposes including for creative participation structures and alternatives to lure potential funding sources and attract a growing number of financial institutions as partners and buyers of the Company’s portfolio assets and pre-closing financing opportunities.
• Support the Fund Management Director, Chief Credit Officer, Chief Compliance Officer, Chief Financial Officer, and other function managers and peers as needed or as required by management.
• Conduct transaction due diligence and prepare information / investment memorandums, Power Point presentations, and other materials for funding partners, including banks and finance companies, among others.

KNOWLEDGE, SKILLS AND EXPERIENCE:

EDUCATIONAL QUALIFICATION AND EXPERIENCE

• Bachelor’s degree in Business Administration with a concentration in Accounting, Finance, Economics and or in a related field are preferred or relevant experience in commercial/corporate finance and/or investment advisory management.

CERTIFICATES, LICENCES & REGISTRATION

COMPETENCIES

• Fluent in both written and verbal Spanish and English. Clear communication with internal and external stakeholders is a must.
• Proven proficiency in Microsoft Office products, especially Microsoft Excel.
• Must be results-driven, punctual, and self-motivated to work independently while creatively employing a wide range of problem solving, analytical, and decision-making skills as well as having acute attention to detail.
• Clear and concise writing skills.
• Advanced. Compiles and interprets information in more complex situations where a variety of concrete variables are handled, and there is little standardization.
• Ability to identify and resolve problems and develop alternative solutions in a timely manner.
• Strong communication and interpersonal skills, professional judgment and diplomacy when dealing with internal and external contacts.
• Must maintain impeccable ethical business practices and always mind meeting deadlines.
• Proven organizational skills, the ability to work independently, focus on details and work well in a deadline-driven environment.
• Strong work ethic, self-motivated and driven to exceed financial targets, ability to work well with co-workers, quality oriented and attention to details, and maintain all information as strictly confidential.
• Ability to adapt to changing circumstances without compromising expected deliverables.