A Junior Fund Administrator provides essential support in the day-to-day administration and operation of investment funds. This entry-level position is typically part of a fund administration team within financial services firms, asset management companies, or third-party fund administration providers. The role involves assisting with NAV calculations, transaction processing, reconciliation, and maintaining investor records while ensuring compliance with regulatory and operational standards.
Key Responsibilities:
- Assist in the calculation and verification of Net Asset Values (NAV) for various investment funds.
- Maintain accurate and up-to-date investor records and fund documentation.
- Process fund transactions including subscriptions, redemptions, transfers, and distributions.
- Perform daily, weekly, and monthly reconciliations of cash and securities with custodians and banks.
- Support the preparation of financial statements, investor reports, and regulatory filings.
- Liaise with fund managers, custodians, auditors, and other stakeholders to resolve queries and issues.
- Ensure compliance with relevant regulatory requirements and internal controls.