Junior VP/Assistant Vice President - Fund Accounting

Assistant Vice President - Fund Accounting

Job Summary : Manage Fund Valuation Services Sub Division specifically for the NAV activities.

Responsibilities + Duties :

- Manage Fund Administration Services Sub-Division specifically for the NAV activities

- Support the project execution with expertise, resources, recruitment and training

- Participate to shaping the split operations organization

- Size the accountant - Validators team for the NAV activity to be migrated

- Induct new managers and business experts from onsite for success of the new NAV projects

- Review functional split and controls with the NAV BPM team to ensure the right model minimizing duplication of effort/control

- New funds migration to be managed without operational incidents / risks

- Processes Review and adhere Service Level Agreement for all services delivered

- Monitors team performance and risk coverage

- Right level of cooperation with new managers

- Governance in place for new funds being migrated

Functional :

- Strong knowledge of Accounting, Investment Banking and Mutual Funds,Hedge Funds

WOW Factor of this JOB : Managing the one of the FVS Division independently

Profile :

- Supervise the teams works on a daily basis

- Follow-up the activity dashboards and controls (invoicing follow-up, workforce follow-up, volumes follow-up,- )

- Complete required reporting dashboards and KPIs

- Ensure formalization of required procedures

- Ensure permanent surveillance of the activity

- Lead the continuous improvement process

- Ensure team training and collaborators development

- Collaborate to IT / Invoicing projects

- Participate in TDS Italy governance

Monitor and mentor the team members so that they ensure the NAV controls and the Limits of Law, Regulation and Convention controls, mainly through the following checks :

- About the pricing and exchange rates of the securities portfolio of items (cash, securities, collateral and derivatives), outstanding as a result of reconciliation outcomes (internal and external accounts) of files and reports for limit controls, together with specific controls on OICR in the Hedge Fund portfolio.

Furthermore, the Employee :

- Communicates in due course information or alerts about significant changes in the NAV or wrong entering items

- Ensures the fulfillment of all steps needed for further controls and validation

- Ensures the filing and archiving of supporting documents for all checks

- Manage incoming flows and reporting together with adjustments when needed