Junior Associate - European Fund Operations

Waystone leads the way in specialist services for the asset management industry.

Partnering with institutional investors, investment funds and asset managers, Waystone builds, supports and protects investment structures and strategies worldwide.

With over 20 years’ experience and a comprehensive range of specialist services to its name, Waystone is now serving assets under management in excess of $2Tn.
Waystone provides its clients with the guidance and tools to allow them to focus on managing their investment goals with confidence.

Summary of the role: The Junior Associate – European Fund Operations will assist the Fund Operations team in the management of ongoing oversight of fund reporting provided to Waystone Management Company business by Administrators and other delegates, covering both AIFM and UCITS Management Company responsibilities. This role will support the European team in the management of International Investments for clients of Waystone and help to ensure ongoing regulatory compliance for these clients.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Take ownership of a set of funds to oversee net asset value calculations, including:
  
  
  
  • Validating NAVs produced by Fund Administrators
  
  
  • Fund Budget creation, review and on-going supervision of costs
  
  
  • Ongoing analysis of total expense ratios, fee accruals and invoicing process
  
  
  
  


• Support the annual and semi-annual audit process for managed funds, including assistance in the completion of relevant audit reporting on behalf of WMC as required dependent on fund domicile.


• Process LEI and ISIN requests for new funds and annual renewals for existing funds.


• Investigate operational incidents with relevant delegates to ensure they are satisfactorily resolved


• Work co-operatively with other internal groups in different locations and time zones.


• Actively participate in meetings, and attend technical training.


• Assist colleagues with completion of ad hoc projects.


• Develop a familiarity and knowledge of UCITS and AIFMD


• Foster positive team environment and ensure open communication.


• Follow and enhance existing procedures, to solve routine problems.


• Gain proficiency with systems used by the Fund Operations team

Education:

• A degree in Business/Finance/Accountancy.

Experience:

• Strong networking skills and adept at building relationships.


• Knowledge of NAV production and/or financial reporting (desirable).


• Must be able to work in a fast-paced environment, including reporting and providing support to various members of the team.


• Outstanding time management, organizational skills, oral/written communication skills, critical thinking and attention to detail is required.


• Must be able to work in a fast-paced environment including reporting and providing support to various members of the team.


• Strong MS Office and Analytic Skills; mid-level information management software experience required.