Team Lead, Fund Operations

ROLE DESCRIPTION

Job Purpose
Cordros Asset Management Limited seeks to hire a Team Lead for Mutual Funds Operations. This role oversees the end-to-end operational processes of mutual fund transactions, ensuring efficiency, accuracy, and compliance with regulatory requirements. It involves managing trade processing, reconciliations, reporting, and client service functions while leading a team to ensure seamless fund administration and operational excellence

Responsibilities   

• Oversee daily subscriptions, redemptions, and transfers of mutual fund units, ensuring timely execution
• Ensure appropriate postings of all daily transactions before the system update for timely end of day system update.
• Ensure Bank Reconciliations are sent out weekly
• Preparation and Submission of Monthly and Quarterly Regulatory Reports to SEC
• Payments of Dividends for the mutual funds as at when due
• Perform daily, monthly, and periodic functions relating to fund accounting and record-keeping,
• Ensuring all customer postings and investment booking are done timely
• Weekly GL review of accounts to ensure appropriateness and report of the review
• Ensure accurate portfolio valuations by reconciling fund assets with custodian and investment records.
• Lead automation initiatives to enhance the efficiency of mutual fund transaction processing
• Prepare Audit Schedules and lead the Mutual fund audit for all funds
• Other Tasks as assigned

Job Requirements

Education 

• A bachelor’s degree in Finance, Economics, Accounting, Business Administration, or a related field.
• A second degree (MBA/MSc) and/or completion of relevant professional certifications (CFA) will be an added advantage.

Work Experience

• Minimum of 5 years work experience in operations in capital market

Key Knowledge and Skills    

Knowledge

The incumbent must have proficiency knowledge in the following areas:

• Very good use of Microsoft Excel
• The use of Accounting Software
• Stockbroking/Asset management core application (e.g. SYMPLUS, infoware etc.)

Skills
The incumbent must demonstrate the following skills:

• Good Communication (feedback) skills.
• Problem solving skills.
• Analytical skills
• People management skills.
• Good relationship with banks, custodians, and registrars

Behavioral Attributes

• Patience
• Consistency
• Courtesy
• Collaboration and teamwork

 
Working Relationships    

Internal

All other departments of the Cordros Group

External

Auditors, Banks & Financial Institutions

Work Cycle    

Hours/Days the incumbent is required to work

• Monday – Friday (8:00 am – 5:00 pm)
• Flexible working schedule is also available i.e remote work

Physical Requirements        

                              None    Moderate    Extensive
Lifting Required       X           
Computer use                          X