Fund Administration/Distribution - City, London, United Kingdom, EC1A2
A financial services institution wish to recruit within the funds team, the successful candidate will be responsible for managing the administration and the distribution of new and existing funds.
Fund onboarding documentation (Distribution Agreement, Subscription Agreement, Sub-Placement Agreement) are agreed and executed ahead of fund launch.
Private Placement Memorandums, Subscription Applications, Fact Sheets, for investors are agreed ahead of fund launch
Notify the Relationship Managers of the fund launch and attach investor documentation (Private Placement Memorandums, Subscription Applications, Fact Sheets) for their perusal.
Manage fund warehousing activity (credit approval, ongoing warehousing profit calculations, and extensions)
Prepare payment instructions and accounts journals for share purchases, sales and management fees and distributions
Reconcile nominees bank account statements to the investor log, for subscription money received, share purchases and sales fee payments, income and capital distributions received.
No less than 3 years fund administration experience (new and existising funds)
Strong leadership/relationship skills