What are the responsibilities and job description for the Senior Administrator - Fund Services position at JTC Group?
EMPLOYMENT TYPE : Permanent
DEPARTMENT : Fund Services
DIVISION : Institutional Client Services
WORKPLACE STRUCTURE : Hybrid
ROLE OVERVIEW
PURPOSE OF JOB
The role holderwill be required to administer a client portfolio, under the supervision of aLine Manager. They should be able todemonstrate a clear understanding of the client's portfolio, including riskawareness, relationship management and contractual and statutory obligations.
MAIN RESPONSIBILITIES AND DUTIES
- Responsible for the day-to-day investor servicing / onboarding, accounting, and reporting for private equity and real estate funds.
- Processes general ledger activity for investor-level, fund-level, and investment-level transactions.
- Processes investor subscription documentation and follows AML / KYC procedures.
- Handles daily cash activity, wire transfers and bank reconciliations.
- Prepares and reviews quarterly accounting packages, including partner allocations.
- Assist with the oversight and training of junior members of the team.
- Prepares and reviews US GAAP financial statements and partner capital statements.
- Ensures fund waterfall and management fee calculations are interpreted in accordance with relevant fund operating documents, e.g. LP or LLC agreements.
- Prepares and reviews investor capital call and distribution notices.
- Assists external auditors during year-end audits.
- Interacts with clients on day-to-day matters as well as on ad-hoc queries.
- Participates in regular technology and information reviews, identifies potential changes and enhancements, and recommends alternatives for implementation.
- Manage own billing and cash collection / debtors process, have an awareness of recoverability and work in an efficient manner so as to minimize write-offs.
- Adhere to Risk & Associated Compliance procedures in relation to regulatory requirements and AML legislation.
- Adhere to CPD requirements in accordance with qualification level and in-house procedures.
- Adhere to the JTC core values and expected behaviors.
- Any other duties as deemed necessary by Management.
ESSENTIAL REQUIREMENTS
LI-SB1
