Associate

Portfolio Operations Team is the center of back office operations wherein the team is responsible for supporting the various trading, investment, client, reporting and reconciliation activities of the firm. Specifically, reconciliation and reporting include cash reconciliation, positions reconciliation, net-asset value reconciliation, performance and returns reconciliation.

In addition to being the liaison between internal groups, the Portfolio Operations Team delivers high quality client service to external business relationships. The client services group helps build scalable investment workflows and assists in the design and implementation of firm-wide projects, operational due diligence, counterparty management and client related activities.

Portfolio Operations is comprised of HFMF Recon, Derivatives Recon, Admin Recon, Mutual Funds Admin, Managed Accounts Admin and Fees and Performance teams. HFMF Recon responsibilities include cash and positions reconciliation for non-derivative funds; market value and net-asset value reconciliation; and Boxed positions reconciliations. Derivatives Recon is responsible for cash reconciliation, positions reconciliation, and EQS reconciliation for funds with derivative products. Mutual Funds Admin is responsible for net-asset reconciliation/admin reconciliation, financial statements review and statement on investor reconciliation for mutual funds. Admin Recon is responsible for financial statements, net-asset value reconciliation/admin reconciliation, investor reconciliation and open items for admins under IFS and HedgeServ. Managed Accounts Admin is responsible for net-asset reconciliation/admin reconciliation, financial statements review, SAS70 review, Custodian NAV entries and custodian deliverables. Lastly, Fees and Performance team is responsible for management fee and performance fee billing, GIPS and HF Accounting related processes and deliverables.

Specific Duties and Responsibilities:

·         Associate is to prepare, review and complete assigned processes and deliverables within a predetermined time set forth in the work allocation.

·         Ensure sub processes pertaining to the assigned processes and deliverables are completed with accuracy

·         Ensure that assigned deliverables are prepared and completed in conjunction to its reviewer schedule.

·         Monitor completion of processes and deliverables in each process workflow.

·         Workload must be planned for the day to identify issues and delays that may cause interruptions in the completion of deliverables.

·         Associate is expected to properly communicate with onshore counterparts, custodians, brokers, administrators and regulatory agencies to query, escalate and resolve issues pertaining to the processes and deliverables assigned.

·         All members should be aware and perform the standard procedure of a proper hand off, both offshore and onshore.

·         Ensure completeness of process documentation.

·         Any related process as required by both onshore and offshore teams.

Qualifications:

1.     The candidate should have an understanding of general fund accounting

2.     Understanding and valuation of financial products including but not limited to equities, fixed income, options, swap futures and forwards.

3.     Excellent English, oral and written, communication skills.

4.     High attention to detail

5.     Can work with minimal supervision and deliver high quality output

6.     Must be highly organized and with excellent multi-tasking skills and ability to prioritize activities effectively.

7.     Must be proactive, motivated, detail-oriented, a team player and knows how to work with Service Level Agreements (SLA) and metrics.

8.     The candidate should show the ability to use basic to intermediate formulas in excel

Education and Experience

1.         Candidate must possess at least a Bachelor's/College Degree in Financial Management, Economics, Accounting or other related business or financial course.

2.         At least 2 year experience from a multinational company or a banking related work would be an advantage.