What are the responsibilities and job description for the VP Investment Performance position at Suat Merdan?
Our client, a leading Fintech and services company, seeks a motivated and experienced candidate to lead their GIPS Complaint Performance Measurement Platform team. The position is located in the headquarters of our client in Middlesex County, NJ.
Key Responsibilities
- Ensure consistent review of performance results at various levels: securities, segments, and total portfolios on a monthly, quarterly, and ad hoc basis.
- Facilitate communication with departments/groups and Investment analysts regarding outliers at the security, segment, and total portfolio level.
- Provide leadership and guidance to a team of Investment Performance professionals.
- Engage with Clients to address questions and provide enhanced solutions as needed.
- Recommend best practices for data quality and share information on existing issues impacting investment performance results.
- Oversee calculation of turnover and Internal Rate of Return for a single portfolio or an aggregation of portfolios on a monthly, quarterly, and ad hoc basis.
- Supervise the monthly reconciliation of cash variances.
- Assist the Investment Performance team in creating, updating, and reviewing indices/benchmarks on a daily, monthly, and quarterly basis.
- Monitor the team's calculation and validation of risk statistics such as standard deviation and Sharpe ratio, and calculation of investment multiples on an ad hoc basis.
Requirements:
- Bachelor's degree in Finance, Economics, Accounting, Mathematics, or Statistics.
- Ten years plus experience with some in a Leadership Role - in Performance Measurement and Analytics at a large or medium-sized organization, with a strong understanding of return calculation methodologies and aspects of performance measurement and reporting.
- Two years of experience in fund accounting preferred.
- Strong communication and team-building skills.
- Good understanding of corporate actions, security pricing, and accounting general ledgers.
- Strong attention to detail and analytical and critical thinking skills.
- Familiarity with other performance measurement platforms.
