Job description
Company Description
About MUFG Investor Services
MUFG Investor Services is a trusted partner to many of the world’s largest public and private funds, providing asset servicing and operational solutions built for alternatives. With over $1 trillion in client assets under administration, we offer fund administration, banking, payments, fund financing, foreign exchange overlay, corporate and regulatory services, custody, business consulting, and more. Operating from 17 locations worldwide, we help clients mitigate risk, enhance efficiency, and navigate the operational complexities of today’s investment management landscape. As a division of Mitsubishi UFJ Financial Group (MUFG), one of the world’s largest financial institutions with approximately $3 trillion in assets, we combine deep expertise with the strength and stability of a leading financial institution. To learn more, visit us at www.mufg-investorservices.com.
#LI-Hybrid
Job Description
Provide the full range of fund accounting and administration services to private market clients, including Net Asset Value (NAV) preparation and review, custody servicing, investor record keeping and reporting
Manage a team of Fund Accountants in performing accounting and administration service delivery to customers and train staff on all aspects of the NAV process
Work with stakeholders such as banks, auditors, brokers and custodians to ensure smooth service delivery to customers and completion of NAV
Approve fee schedules including calculation of management fees and carried interest, ensuring all calculations follow applicable fund documents
Review and approve investor allocations for each NAV cycle.
Respond to all client queries
Review and sign any schedules, reports and files for review ensuring they are completed in compliance with organization controls
Resource Allocation to ensure that all work is carried out and Service Level Agreements are met
Approve payment of fund expenses in applicable banking systems, ensuring controls are followed
Help with preparation and review of audited financial statements and annual audit
Review reporting for the regulatory authorities
Establish fund or client specific procedures covering all aspects of our services; Ensure cross training and cover in place for all services provided to client
Help with the growth of the local office
Create ideas for improving the NAV process, technological improvements and client reporting
Participate in multiple system initiatives and projects
This is a Required-Control Function (CF)
Qualifications
- Hold a university degree in Banking/ Finance/ Mathematics/ Accounting/Economics, qualified accountant or other relevant qualification preferred
- Have a minimum of 12 years progressive fund administration experience in servicing a Private Equity and/or Private Debt Clients
- Demonstrable experience working in the fund administration industry with experience managing staff. This can include other administrators, investment managers or fund auditors.
- Experience with the fund administration business and the drivers of profitability and success.
- High proficiency with Microsoft Excel is an essential requirement for this role.
- In-depth understanding of the private markets fund administration industry. This includes multiple fund structures, fee calculations, financial instruments and fund offering documentation review.
- Experience with fund accounting software Investran, Geneva or Yardi would be beneficial
Additional Information
What’s in it for you to join MUFG Investor Services?
Take a look at our careers site and you’ll find everything you’d expect working with one of the fastest-growing businesses at one of the world’s largest financial groups. Now take another look. Because it’s how we defy expectations that really defines us. You’ll feel that difference in all kinds of ways. Our vibrant CULTURE. Connected team. Love of innovation, laser client focus.
So, why settle for the ordinary? Apply now for your next Brilliantly Different opportunity.
