Lead, Fund Administration Analyst (Mutual Funds)

Mutual of America Financial Group; New York (NY); Hybrid; USD 92,000 - 138,000; Full time

Benefits offered by this job

Competitive base salary

Comprehensive Benefits Package

401(k) Match

Parental Leave

Paid time off

Job summary

Mutual of America Financial Group is seeking a Lead Fund Administration Analyst to support the oversight of fund accounting, custody operations, investment performance reporting, regulatory reporting, board reporting, and service provider management.

The role will assist in monitoring third-party service providers, evaluating operational controls, supporting regulatory compliance, delivering reporting to management and the Board, and leveraging AI-enabled tools to improve reporting and

Qualifications

• Bachelor's degree in accounting/finance/economics or related field.
• 5-7 years in mutual fund accounting or related areas.
• Strong Excel skills, including advanced formulas and pivoting.
• Experience preparing investment performance and board reports.
• Experience with fund custodians and outsourced administrators.
• Familiarity with AI-enabled data analytics and automation.

Responsibilities

• Analyze mutual fund performance against benchmarks and peers.
• Prepare Board and Committee reporting materials.
• Support regulatory reporting (N-PORT, N-CEN, Form N-CSR).
• Develop performance, portfolio, and attribution reporting packages.
• Validate data and coordinate with service providers.
• Identify process improvements and automate reporting workflows.

Skills

Bachelor's degree in accounting/fin/ea

5-7 years mutual fund accounting

Advanced Excel skills

Fund performance reporting

Board materials preparation

AI-enabled tooling for reporting

Regulatory reporting understanding

Education

Bachelor's degree in Accounting, Finance, Economics, Mathematics, or related field

Tools

Morningstar Direct

Bloomberg Terminal

Bloomberg AIM

FactSet

Clearwater Analytics

Job description

Job Title:

Lead Trading & Operations

Location:

New York, NY (hybrid)

Who We Are

At Mutual of America Financial Group, we help people build the assets they need to achieve greater financial security. Our Company is built upon a solid foundation of integrity, excellence, and social responsibility. We were founded in 1945 to provide small and mid-sized nonprofit organizations with pension and retirement-related services, along with leading customer support. Today, we provide these services also to for-profit companies, as well as to governmental entities, Tribal enterprises, institutional investors, and individuals. We work diligently to understand the needs of our customers so we can help them achieve their financial savings goals.

As the need to create additional investment strategies beyond those that were being managed for Mutual of America Life Insurance Company’s traditional retirement business became evident, Mutual of America Capital Management evolved into an independent, wholly owned subsidiary of Mutual of America. This important change enabled Mutual of America Capital Management to provide an enhanced array of investment solutions and services to a broader client base.

Mutual of America Capital Management manages approximately $29 billion across a variety of strategies. We embrace a nimble, entrepreneurial spirit, while maintaining the core competencies, long-term views and financial strength of our parent company, Mutual of America Life Insurance Company.

Managed by an experienced team of investment professionals, our strategies include both fixed income and equity offerings. We offer both mutual funds and customized investment solutions that support a variety of investment objectives and strategies for individuals and institutions.

We are committed to bringing talented and motivated people together to help our customers achieve a financially secure future.

Role Summary

MoA Funds is seeking a Lead Fund Administration Analyst to support the oversight of key fund administration functions including fund accounting, custody operations, investment performance reporting, regulatory reporting, board reporting, and service provider management.

The role will assist in monitoring third-party service providers, evaluating operational controls, supporting regulatory compliance, delivering reporting to management, and the Board of Trustees, and leveraging AI-enabled tools to improve reporting and operational efficiency.

Responsibilities

Performance Analysis

• Analyze mutual fund performance against benchmarks and peers.
• Support benchmark and peer group performance analysis.
• Assist with performance attribution and variance analysis.
• Validate performance calculation methodologies and reporting outputs.
• Coordinate with performance measurement vendors and internal investment teams.

Board Reporting & Governance

• Prepare materials for Board and Committee meetings.
• Compile operational, accounting, performance, compliance, valuation, liquidity, risk, and governance metrics.
• Coordinate collection of information from internal departments and third-party service providers.
• Participate in Board meeting preparation and follow-up activities.

Regulatory & Compliance Support

• Assist with SEC reporting requirements including N-PORT, N-CEN, Form N-CSR, and shareholder reports.
• Support review of prospectus, SAI, and shareholder disclosure information.
• Validate regulatory reporting data and coordinate with internal and external stakeholders.
• Assist with responses to internal audits, examinations, and regulatory inquiries.

Client, Private Client & Shareholder Reporting

• Support client, management, and shareholder reporting.
• Prepare and validate investment performance, portfolio, benchmark, and attribution reporting packages.
• Validate data used in reporting packages and regulatory filings.

Data Analytics & Process Improvement

• Develop and maintain reporting tools and dashboards.
• Perform reconciliations and data validation across multiple systems.
• Analyze operational data to identify trends, risks, and process improvement opportunities.
• Support automation and efficiency initiatives across fund operations processes.
• Utilize AI-enabled tools and data analytics techniques to validate exceptions and perform root cause analysis.

Required Qualifications

• Bachelor's degree in Accounting, Finance, Economics, Mathematics, or related field.
• 5-7 years of experience in mutual fund accounting, fund administration, investment operations, custody operations, performance measurement, investment reporting, or regulatory reporting.
• Strong Microsoft Excel skills including Pivot Tables, XLOOKUP/VLOOKUP, Index/Match, data validation, and advanced formulas.
• Understanding of mutual fund accounting, NAV calculations, fund expenses, financial statements, custody operations, valuation oversight, and investment performance reporting.
• Experience preparing investment performance reports, management reports, Board materials, and private client reporting packages.
• Experience working with custodians, fund accountants, transfer agents, pricing vendors, and other fund service providers.
• Experience working with large outsourced mutual fund administrators and custodians preferred.
• Understanding of registered investment companies under the Investment Company Act of 1940 and regulation of advisers under the Advisers Act.
• Experience preparing materials for Boards, senior management, clients, regulators, or external stakeholders.
• Experience utilizing AI-enabled tools, data analytics platforms, and automation technologies to improve reporting, analysis, operational efficiency, and decision-making.
• Confidence presenting information to senior management.
• Ability to manage competing priorities and meet deadlines.
• Strong verbal and written communication skills.
• Demonstrated ability to independently analyze issues, identify root causes, and develop practical solutions.
• High attention to detail.

Preferred Qualifications

• Experience with Morningstar Direct for performance, peer group, and investment analysis
• Bloomberg Terminal experience
• Bloomberg AIM experience
• FactSet experience
• Clearwater Analytics experience

What we offer you

• Competitive base salary
• Comprehensive Benefits Package (medical, dental, and vision) that starts day one of employment.
• 401(k) Match: Receive up to 6% of your pay (salary and incentive compensation) with 100% employer match on employee contributions.
• Parental Leave: 8 weeks fully paid.
• Paid time off: 20 days plus two floating personal holidays

The salary range below describes the minimum to maximum base salary range for this role. The role is also eligible for an annual bonus; whereby total compensation may exceed this range depending on individual and / or company performance.

Base Salary Range: $91,800 - $137,700

Mutual of America Financial Group provides equal employment opportunity to all qualified employees and applicants for employment regardless of race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, or any other classification prohibited by applicable law.