Junior Associate Director, Client Operations, Fund Administration

About MUFG Investor Services

MUFG Investor Services provides asset servicing solutions to the global investment management industry. Leveraging the financial and intellectual capital of MUFG – one of the largest banks in the world with $2.8 trillion in assets – we provide clients access to a range of leading solutions from fund administration, middle-office outsourcing, custody, foreign exchange, trustee services and depository to securities lending and other banking services.

With a diverse and dynamic network of offices across the globe, MUFG Investor Services provides challenging and rewarding careers.  We achieve this by offering continuous learning and development, collaborative team work environment, promotion of work-life integration, and exposure to a wide variety of work.

Imagine your future at MUFG Investor Services where you can grow professionally, in a diverse and inclusive workplace that rewards your contribution.

Requirement

Because of high demand for its services we are looking for a Junior Associate Director to work in our Client Operations team. This is a unique opportunity to join a dynamic, fast-growing organization within a creative, always evolving industry. You will report directly to the Director, Client Operations.

Core Responsibilities

• Review reconciliation of cash and security transactions;
• Review pricing of portfolios including Equities, Options, Futures, Fixed Income, OTC's and Forwards;
• Prepare fee schedules including calculation of management and performance fees;
• Prepare investor allocations for each NAV cycle;
• Ensure the net asset values (NAVs)/distribution rates of all funds are calculated accurately and on a timely basis in accordance with MUFG standard or client specific procedures and timetables.
• Manage the preparation and calculation of NAVs across all funds with zero error tolerance.
• Respond to client queries ;
• Prepare SAS70 compliant daily, weekly and monthly files;
• Manage and train Fund Accountants on all aspects of NAV process;
• Prepare audited Financial Statements and annual audit;
• Prepare reporting for the regulatory authorities.
• Manage fund Administrators to ensure the accurate processing of trade, corporate action and cash settlement information on the accounting system.
• Ensure MUFG standard procedures and controls are being followed daily by all staff under supervision.
• Communicate any significant operational issues that arise to Manager.
• Ensure fund Administrators maintain daily/monthly files in a manner suitable for future review by the fund and internal auditors.
• Liaise with custodian on an ongoing basis and provide feedback to management.
• Maintain a friendly but professional relationship with key client contacts.

The successful candidate should:

• Have a minimum of three years’ experience within a similar environment;
• Third level qualification (minimum 2.2 degree), qualified or part qualified accountant or other relevant qualification;
• Have a working knowledge of Bloomberg;
• Be able to demonstrate an understanding of funds, fund structures, fee calculations, trading strategies, financial instruments and fund offering documentation

Preference will be given to candidates who have:

• Experience in mutual funds;
• Have worked with Advent Geneva;
• Proven capability of working with in an environment with large volumes of daily deliverables;
• Supervisory experience.

MUFG provides all of its employees with an extremely attractive compensation package. In addition to base salary, there is a group medical insurance scheme, group pension scheme, reimbursement of professional subscriptions, paid holidays and assistance towards gym memberships.

We thank all candidates for applying; however, only those proceeding to the interview stage will be contacted. If you are contacted for a job opportunity, please advise us of any accommodations needed to ensure fair and equitable access throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only to provide an accessible candidate experience.

MUFG is an equal opportunity employer.