What are the responsibilities and job description for the Senior Administrator - Fund Services position at JTC Group?
The role reports to a Manager / Senior Manager within a team of people supporting the needs of the clients’ portfolios.
Check all associated application documentation thoroughly before clicking on the apply button at the bottom of this description.
PURPOSE OF JOB
The role holder will be required to administer a client portfolio under the supervision of a Line Manager. They should be able to demonstrate a clear understanding of the client's portfolio, including risk awareness, 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.
- Assists 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.
- Manages own billing and cash collection / debtors process, has an awareness of recoverability, and works in an efficient manner to minimize write-offs.
- Adheres to Risk & Associated Compliance procedures in relation to regulatory requirements and AML legislation.
- Adheres to CPD requirements in accordance with qualification level and in-house procedures.
- Adheres to the JTC core values and expected behaviours.
- Any other duties as deemed necessary by Management.
ESSENTIAL REQUIREMENTS
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