What are the responsibilities and job description for the Fund Operations Analyst position at Schroders?
Job Description
The Base
We are based at 7 Bryant Park in the heart of NYC, and we have everything we need to work flexibly. This is to sustain our culture of innovation, collaboration, knowledge sharing, and building relationships within the business.
Position Overview
This role reports to the Head of Fund Mandates, Americas. This role will perform various operational tasks for private credit funds, hedge funds, limited partnerships and other private funds.
Such operational responsibilities include financial reporting, fund accounting, product development, valuation and tax reporting for a designated group of funds. The role will work internally with teams such as investment, distribution, legal, product, client service and externally with multiple third-party administrators and custodians.
Responsibilities
Schroders offers a base salary in a range of $90,000 - $100,000 for this position.
The referenced salary range is based on the Company's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education/training and skill level.
ADA
Schroder Investment Management North America Inc. complies with the Americans with Disabilities Act of 1990.
EEO/Affirmative Action
Schroder Investment Management North America Inc. is an affirmative action-equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, religious creed, age, marital status, national origin, ancestry, sex, sexual orientation, gender identity or expression, intellectual disability, mental disability or physical disability, including, but not limited to, blindness, or protected veteran status.
About Us
We're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.
We have around 6,000 people on six continents. And we've been around for over 200 years, but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper.
The Base
We are based at 7 Bryant Park in the heart of NYC, and we have everything we need to work flexibly. This is to sustain our culture of innovation, collaboration, knowledge sharing, and building relationships within the business.
Position Overview
This role reports to the Head of Fund Mandates, Americas. This role will perform various operational tasks for private credit funds, hedge funds, limited partnerships and other private funds.
Such operational responsibilities include financial reporting, fund accounting, product development, valuation and tax reporting for a designated group of funds. The role will work internally with teams such as investment, distribution, legal, product, client service and externally with multiple third-party administrators and custodians.
Responsibilities
- Providing operational support and contribute toward a team with oversight of third-party administrators and adherence to the service level agreement and key performance indicators
- Deliver accurate and timely work within specified deliverables timelines in coordination with management and other team members
- Review accounting packages and client statements provided by third party administrators
- Knowledge of annual fund audits and financial statements under U.S. GAAP and/or IFRS accounting standards with external auditors and third-party administrators
- Valuation and pricing responsibility for a designated group of funds
- Review fund expense and budget accruals
- Review of fund performance and calculation of fund performance fees
- Review of capital call notices and investor allocations for private funds
- Process vendor and invoice payments and track against purchase orders
- Update and perform periodic review of procedures
- Prepare pro-forma analysis and participate in product development of new funds
- Tax reporting and review of fund distributions
- Work closely with legal, both external and internal auditors, risk and compliance teams
- Bachelor or Master’s degree in accounting, Finance or other similar degree
- 2 - 5 years minimum relevant industry experience ideally in the fund industry
- Excellent communication skills
- Ability to work under tight deadlines and successfully manage multiple requests
- Strong “Team Player” attitude
- Excellent written and oral communication skills
- Certified Public Accountant (CPA) or similar designation
- Knowledge and experience in private credit, private equity or hedge funds
Schroders offers a base salary in a range of $90,000 - $100,000 for this position.
The referenced salary range is based on the Company's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education/training and skill level.
ADA
Schroder Investment Management North America Inc. complies with the Americans with Disabilities Act of 1990.
EEO/Affirmative Action
Schroder Investment Management North America Inc. is an affirmative action-equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, religious creed, age, marital status, national origin, ancestry, sex, sexual orientation, gender identity or expression, intellectual disability, mental disability or physical disability, including, but not limited to, blindness, or protected veteran status.
About Us
We're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.
We have around 6,000 people on six continents. And we've been around for over 200 years, but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper.
Salary : $90,000 - $100,000