Our client operates within the financial services landscape, recognized for its excellence in providing private capital fund administration and investor services. This organization is dedicated to maintaining the highest standards of compliance and operational integrity within its Fund Accounting and Administration team. The Portfolio Management Senior Specialist role entails a meticulous approach to fund administration, ensuring that all activities are executed in accordance with client expectations and legal regulations.
Job Description:We are partnering with this organization to find a Portfolio Management Senior Specialist based in St Helier, Jersey. This critical position focuses on the administration and compliance aspects for private equity funds and their corresponding structures. The selected candidate will be responsible for managing fund documentation, ensuring precise record-keeping, and facilitating effective communication with clients and various stakeholders. An acute attention to detail is essential for managing cash flow monitoring, compliance reporting, and overall portfolio management.
Key Responsibilities:- Collect and manage comprehensive loan documentation, ensuring all Facility Agreements, Bond Agreements, and Loan Notices are accurate.
- Keep detailed and accurate records of all portfolio activities to maintain data integrity.
- Input and document static data and transactions in the FIA system effectively.
- Maintain and update the Asset Safekeeping register to reflect portfolio investments and their respective vehicles.
- Accurately compute accrued and projected interest using information provided by clients.
- Conduct essential financial calculations, including amortized cost and effective interest as needed.
- Monitor all investment transactions, ensuring thorough reconciliation of cash balances and data accuracy.
- Oversee payment schedules for investments, ensuring timely and correct transaction processing.
- Interface with internal and external contacts to ensure compliance with legal requirements.
- Participate in the onboarding of new loan investments and related vehicles.
- Ensure the accurate settlement of investment operations and oversee the related documentation processes.
- Assist in the coordination of board meetings in conjunction with the company secretarial team.
- Create and provide detailed reports as per the Service Level Agreements, integrating the loan investments into the overall entity portfolio.
- Collaborate with external auditors by providing required documentation and support for financial reporting purposes.
- Contribute to reviewing and classifying investment documentation, summarizing key terms and noting changes that may affect classification.
- Comprehensive understanding of Private Capital fund structures along with necessary accounting practices.
- Advanced knowledge of US GAAP, UK GAAP, and IFRS standards.
- Strong administrative abilities coupled with excellent time management and analytical skills.
- Proficiency in Microsoft Office applications, especially Excel and Word.
- Relevant professional accounting qualification.
- Demonstrated experience in adhering to deadlines while independently managing tasks.
- A collaborative team spirit combined with strong interpersonal communication skills.
- A capacity to swiftly learn new applications and processes as required.
- A meticulous eye for detail in executing tasks and responsibilities.
- Attractive salary package.
- Comprehensive benefits including health insurance provision.
- Opportunities for ongoing professional development and career growth within the organization.
- A supportive workplace environment that fosters teamwork and collaboration.
This position calls for a proactive individual who is willing to take on additional short-term tasks as directed by management. This opportunity offers a chance to be part of a well-regarded financial services firm committed to excellence in fund administration.