This is a vital role in ensuring MFS can calculate independent Net Asset Values of investment funds. A Fund of Funds Genesis Portfolio Operations (FOF) Senior Associate will operate and oversee reconciliation and NAV review technology to deliver a full reconciled gross Net Asset Value to client operations teams or clients, including cash, positions and receivables.
An FOF Senior Associate will have a strong understanding of what drives the value of an investment fund, the types of products it trades and the nature of day-to-day operations between an investment fund and its counterparties, all alongside a keen interest in learning current technologies and skills.
Role and Responsibilities
- Operate & oversee reconciliation technology to deliver a fully reconciled gross NAV to the client operations team including cash, position and receivables – holdbacks.
- Review work of junior staff, provide guidance and mentoring.
- Work closely with our FOF operations team to ensure trade processing is complete, corporate actions have been booked correctly & pricing is accurate.
- Work hand in hand with our client operations team to provide superior customer service to hedge fund managers and investors.
- Ownership, management and resolution of all internal queries.
- Business continuous improvement is a core part of the job. We are constantly striving to increase efficiencies where possible.