We are hiring for an international bank that is setting up operations here in the Philippines that provide support services, back-office operations services related to or which further the accomplishment of the corporation's investment services, banking transaction processing, and equity investment.
Fund Accounting - NAV (Net Asset Value)
The ideal candidate for this position will possess strong know how of the process and act as an effective back-up to his/her supervisor. The position will work closely with the Fund Accounting team to keep them motivated and devise continuous ways to improve the process.
Key Responsibilities:
Service Delivery
- Become a SME (Subject Matter Expert) of the process by acquiring complete knowledge & understanding of NAV Calculation Processing & Review across all funds & instruments types.
- Ensure NAV calculations are produced in a timely manner as per SLA. Completeness of NAV packs includes accurate report generation, timely delivery of reports, scanning & archiving.
- Ensure all reconciliation breaks in TA, Cash & Stock are validated and justified for each calculated NAV.
Financial:
- Adhere to Quality of 100% while producing & reviewing NAVs.
- Ensure there is NO Financial impact/loss to the organization
People:
- Manage staff on daily BAU and to take corrective measures/actions, if required. Updating required staff/team adequately on any changes/new events impacting BAU. Should be proactively escalating the BAU/Staff issues to Manager.
- Identifying the staff training requirement & ensure all the necessary training has been provided to the team members to perform the relevant tasks.
Risk Management:
- Enforce 100% compliance of ISAE3402. Carry out sample testing on daily basis & document the results.
- Ensure procedures are in place to effectively deal with exceptions and that they are reviewed, researched, documented and resolved in a timely manner.
- Identify the manual steps, process efficiencies & developments, by providing practical ideas on areas of improvements & work towards its automation.
- Ensure to minimize the unplanned leaves, especially during business critical days, like month end, rollover days and migration of new funds.
Qualifications:
- Experience in Fund Accounting
- Experience working with various clients across several locations
Work Set Up: Hybrid (BGC Taguig Office), Must be amenable to work night shift
