Senior Manager - Fund Operations

Amicorp Group; Wes-Kaap; On-site; ZAR 200,000 - 300,000; Full time

Job summary

A global provider of asset management services is seeking an Operations Leader to oversee fund management and operations. This role involves strategic leadership, ensuring compliance with regulations, and managing investor relationships, as well as leading a high-performing team. Candidates should have extensive experience in fund operations and a strong understanding of regulatory compliance. Competitive compensation and travel opportunities available.

Qualifications

• Minimum of 15+ years of experience in fund operations.
• Strong understanding of fund accounting and investor relations.
• Proven leadership and team management experience.

Responsibilities

• Provide strategic leadership to the fund operations team.
• Manage relationships with fund investors.
• Ensure compliance with all regulatory requirements.

Skills

Fund operations expertise

Leadership skills

Regulatory compliance knowledge

Analytical and problem-solving skills

Client-facing communication

Education

Bachelor's degree in Business, Finance, or a related field

Job description

ABOUT US:

Amicorp Group is an independent leading global provider of asset management, fund administration, trust fiduciary and corporate services to mostly corporate but also high-net-worth clients (www.amicorp.com). We are a Hong Kong based Group with an international network of 40+ offices in over 30 countries.

Our private ownership further allows us to be fully committed to our client`s long-term financial needs and goals. We aim to provide a safe and stable working environment for our employees, we promote environmental consciousness, and contribute positively to the communities in which we are active; we are also soundly profitable. We are proud to have our global team of 700+ specialists who contribute their individual talents to Amicorp’s broad range of expertise and experience.

We are international, independent, entrepreneurial and growing fast. We have a fast paced, dynamic, international work environment. Our people possess a strong entrepreneurial and solution driven mindset, and we value people with initiative, creativity, ambition and drive, and we offer market competitive compensation.

SUMMARY:

The role holder will play a pivotal role in generating revenue and improving efficiency and productivity through overseeing and optimizing the operational aspects of the fund. This position requires a strategic, commercial and independent thinker with deep expertise in fund administration/ operations, exceptional leadership skills, and the ability to ensure the efficiency and compliance of fund management processes.

PRIMARY DUTIES AND RESPONSIBILITIES:

Operational Leadership

• Provide strategic direction and leadership to the fund operations team, ensuring the efficient and compliant management of all fund-related activities.
• Develop and implement operational policies, procedures, and best practices to enhance overall efficiency.
• Build a productive, central hub for Amicorp Financial Markets business in Cape Town
• Grow the revenue through individual and team efforts to achieve the revenue and EBITDA growth targets.

Investor Relations

• Manage relationships with fund investors, serving as a point of contact for inquiries, updates, and reporting.
• Oversee the preparation and distribution of investor communications, statements, and reports.

Fund Accounting and Reporting

• Collaborate with the finance team to ensure accurate fund accounting and financial reporting.
• Oversee the preparation and distribution of fund performance reports, NAV calculations and financial statements.

Compliance and Regulatory Oversight

• Ensure compliance with all relevant regulatory requirements, including reporting obligations and industry standards.
• Collaborate with legal and compliance teams to stay abreast of regulatory changes and implement necessary updates to fund operations.

Process Optimization

• Identify opportunities for process improvement within fund operations to enhance efficiency and accuracy.
• Implement best practices and leverage technology to streamline fund management workflows.

Team Management and Development

• Build and lead a high-performing fund operations team, providing guidance, mentorship, and professional development.
• Foster a culture of collaboration, innovation, and continuous learning within the fund operations department.
• Lead by example by recording time and approving timesheets of team members on Maconomy.

Vendor Management

• Oversee relationships with third-party service providers, including other administrators, custodians, and legal advisors.
• Ensure that vendor services align with the fund's operational needs and standards.

Audit and Compliance Reviews

• Facilitate external audits and regulatory examinations, working closely with auditors and regulatory bodies.
• Implement corrective actions based on audit findings and recommendations.

Technology and Systems

• Oversee the implementation and maintenance of fund operations technology and systems.
• Stay informed about industry-leading technology solutions to enhance operational capabilities.

CANDIDATE PROFILE:

• Bachelor's degree in Business, Finance, or a related field with minimum of 15+ years of experience in fund operations within venture capital, private equity, or a related field.
• Strong understanding of fund accounting, investor relations, and regulatory compliance, with proven track record of successfully managing and leading teams in a VC or PE firm
• Strategic and independent thinker with the ability to align operational processes with overall fund strategy.
• Familiarity with regulatory requirements and compliance in the investment industry.
• Exhibits strong leadership, social & interpersonal and communication skills, a positive can-do attitude and creativity.
• Experience in management or team leadership, with a hands-on approach to getting things done.
• Excellent client facing skills. Well-developed spoken and written communication skills and the ability to tailor style to relevant audiences and successfully liaise with people at different levels.
• Excellent English language fluency: additional languages preferred.
• Strong analytical and problem-solving skills, solution driven, highly organized and detail orientated with good decision making and time management skills. Independent, hands-on and takes accountability to deliver solutions and results.
• Ability to adapt and work under pressure in a smaller, dynamic, fast paced local team environment; along with being part of a bigger entrepreneurial matrix organization. Proven leadership and team player skills, with ambition to excel in the role.
• Willing to travel within the country and outside the country when required.