Senior Lead, Fund Adminstration

Mutual of America Capital Management
Job Title: Senior Lead, Fund Administration, Mutual of America Capital Management
Location: Columbus, OH (Hybrid)

Who We Are:

Mutual of America Capital Management was formed in 1993 to serve the growing needs of institutional clients.  As the need to create additional investment strategies beyond those that were being managed for Mutual of America Life Insurance Company’s traditional retirement business became evident, Mutual of America Capital Management evolved into an independent, wholly owned subsidiary of Mutual of America. This important change enabled Mutual of America Capital Management to provide an enhanced array of investment solutions and services to a broader audience.

Today, Mutual of America Capital Management manages $30 billion and offers over 25 investment strategies. We embrace a nimble, entrepreneurial spirit, while maintaining the core competencies, long-term views and financial strength of our parent company, Mutual of America Life Insurance Company.  Managed by an experienced team of investment professionals, our strategies include both fixed income and equity offerings. We offer both mutual funds, and customized investment solutions that support a variety of investment objectives and strategies for institutions. Our experienced and talented investment professionals are key to offering clients customized solutions to meet their objectives.

Our mission is built upon our core values of integrity, prudence, reliability, excellence and social responsibility.

We’re committed to bringing talented and motivated people together to help our customers plan for a financially secure future.

Role Summary:

The Senior Lead of Mutual Fund Administration within Mutual of America Capital Management is a key role in transforming the growth, administration, and operating models of the mutual fund business.  Reporting to the Head of Investment Products, this role will oversee the MoA Funds’ relationship with Bank of New York’s Transfer Agency services and provide support to the Fund Administration team and broader Capital Management organization for any investor servicing and recordkeeping services.  To the extent other transfer agents or similar providers of investor recordkeeping are utilized, those relationships would fall into this remit.  The role will also be actively involved in developing new programs required by regulatory changes and developments.  The primary goal of this role is to develop, implement and continually improve the investor servicing functions and related vendor oversight.

Fund Administration Responsibilities:

• Develop and maintain an effective vendor oversight function that is reasonably designed to detect issues without engaging in activities that are duplicative to those being performed at the vendors.
• Work to transition all responsibilities from the current Executive Vice President of Investment Products on agreed timeline.
• Interact with Capital Management stakeholders to identify and address fund-related issues and initiatives.
• Contribute on all product management initiatives, including new product development and re-positioning or closing existing products.
• Work with Compliance and Legal departments on fund-related projects (e.g. prospectus updates) and initiatives.
• Work with marketing/distribution and Head of Investment Products to ensure that fund growth initiatives are fully supported by third party vendors, particularly transfer agent/shareholder servicing.
• Maintain an active awareness of industry developments, including transfer agent issues, and engage with vendors and internal departments to develop cost-effective programs to meet new requirements.

Required Qualifications:

• A minimum of 10 years’ experience working with mutual fund families with significant experience with transfer agency operations. Experience with collective investment trusts and other investment products is also desirable.
• Significant exposure to, and a working knowledge of, all mutual fund operations. Experience managing third party vendors is required.  Experience in vendor conversions is a plus.
• Significant exposure to fund distribution and supporting distribution initiatives from an operational perspective.
• Demonstrated ability to solve problems in an efficient and effective manner.
• Ability to develop both strategic and tactical plans in support of business goals.
• Strong communications skills, including the ability to present ideas and plans to all levels within an organization, including the mutual funds board.
• Strong organizational skills in managing multiple initiatives and projects.

Preferred Qualifications:

Professional designations relevant to the mutual fund industry.

What we offer you:

• Competitive base salary
• Annual Bonus
• Comprehensive Benefits Package (medical, dental, and vision) that starts day one of employment
• 401K Match: Receive up to 6% of your pay (salary and incentive compensation) with 100% employer match on employee contributions.
• Parental Leave: 8 weeks fully paid
• Paid time off: 20 days plus two floating personal holidays

The salary range below describes the minimum to maximum base salary range for this role.  The role is also eligible for an annual bonus; whereby total compensation may exceed this range depending on individual and / or company performance.

Base Salary Range: $110,000 - $165,000

Visit www.mutualofamerica.com/careers for additional details about life at Mutual of America. You can also follow us on Twitter: @mutualofamerica | Facebook: @mutualofamerica

Mutual of America Financial Group provides equal employment opportunity to all qualified employees and applicants for employment regardless of race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, or any other classification prohibited by applicable law.

Salary : $110,000 - $165,000