One of our TCSP clients who provide corporate and fiduciary services to clients around the world is experiencing growth within the business following recent corporate acquisitions and are now seeking a Senior Administrator within the Fund Services team.
As Senior Administrator (Fund Services) you will be responsible for:
- On instruction from the Investment Manager, negotiate all borrowing arrangements and supervising the implementation of such arrangements
- Ensure that the Fund has agreed and signed all service agreements and that all terms and conditions of those agreements are being adhered to
- Ensure that the Fund is fully compliant with its Offering Document and Investment Parameters therein
- Declare the suspension of the valuation of the net assets of the Fund when conditions exist that requires a suspension
- Prepare any reports, notices and other documents, which the Fund is required to issue to shareholders in respect of any meetings of shareholders convened
- Prepare regular reports giving details of the activities and results of the Fund for issue to the Directors of the Fund
- As and when instructed by the Directors of the Fund, make arrangements for an increase in the authorised share capital of the Fund
- Carry out all necessary filings to the appropriate regulatory bodies or Stock Exchanges on which the Fund is listed
- Receive applications for investment into the Fund
- Determine whether or not an applicant for investment in the Fund is a Qualified Holder as defined in the Offering Document of the Fund and is permitted to hold or continue to hold participating shares in the Fund
- Carry out customer due diligence checks (CDD) for initial applications for investment and ongoing CDD monitoring
- Allotment of participating shares
- Determine the amount payable to or by the Fund on the issue and/or redemption of participating shares
- Apply equalisation adjustments at the point of issue and/or redemption of participating shares
- Arrange for the publication of the subscription and redemption price
- Prepare all certificates, statements and notices which the Fund is required to issue relating to the issue and/or redemption of participating shares
- Maintenance of the share register and receiving, managing and dealing with all shareholder queries
- Maintenance of statutory registers
- Preparation of board packs and attending board meetings
- Maintenance of minute book
- Drafting of minutes and resolutions, agreements
- Attending to all necessary corporate filings
The ideal candidate for the role of Senior Administrator (Fund Services) will have:
- Experienced in Financial Services (Trust and Company) administration functions
- History of high-quality delivery of client service
- A minimum of 5 years' funds experience
- Working towards a professional qualification/experience Skills and Knowledge, would be advantageous
- Good organisation and control of own workflow
- Understanding of the importance of and application of strong Corporate Governance
- Initiative-taking and can work under pressure
- A practical understanding and application of high-quality client service delivery
- Ability to identify problems and resolve
- Good verbal, written communication, and people skills, with the ability to present concepts in a clear and concise manner
- Ability to identify, mitigate and manage operational risk and controls within own area
- Clear understanding of Regulatory requirements
- Ability to deal with clients and professional advisors thereby showing a commitment to providing a quality service
- Able to work on own initiative and to be highly disciplined
