Associate - European Fund Operations
Waystone is inviting applications for the Associate – European Fund Operations role. Waystone has been a specialist provider for the asset management industry for over 20 years, supporting institutional investors, investment funds and asset managers worldwide.
Overview of the role
The Associate – European Fund Operations will support the Fund Operations team in overseeing ongoing fund reporting to Waystone Management Company. The role covers both AIFM and UCITS Management Company responsibilities, assists the European team with International Investments for clients, and ensures regulatory compliance.
Essential Duties and Responsibilities
* Engage in key Net Asset Value oversight for underlying funds, including validating NAVs produced by Fund Administrators, reviewing individual asset valuations for compliance with WMC Valuation Policy, creating and supervising Fund Budgets, and analysing expense ratios, fee accruals and invoicing processes.
* Collaborate regularly with service providers (including Company Secretaries, Administrators, Auditors and Investment Managers) to monitor delegate service levels.
* Support the annual and semi‑annual audit process for managed funds, including assisting in the completion of relevant audit reporting on behalf of WMC.
* Process LEI and ISIN requests for new funds and annual renewals for existing funds.
* Investigate operational incidents with relevant delegates to ensure satisfactory resolution.
* Assist in the wind‑down and liquidation process for closing funds.
* Maintain ongoing adherence to policies and coordinate with internal teams to ensure successful servicing of Funds and SPVs on compliance, monitoring and regulatory reporting matters.
* Liaise closely with Operations, Compliance, Relationship and Risk teams to evaluate financial and operational risks of each client, resolving and escalating to the Associate Director as appropriate.
* Keep abreast of regulatory changes and aspire to be the technical expert in UCITS and AIFs.
* Actively participate in meetings, prepare and attend technical training, assist colleagues with ad hoc projects, foster a positive team environment and ensure open communication.
* Assist in the development, implementation and monitoring of policies and procedural manuals.
Requirements
* Education: A degree in Business, Finance or Accountancy.
* Experience: 1‑2 years of experience within Fund Administration or a similar operational environment, strong networking skills, adept at building relationships.
* Knowledge of NAV production and/or financial reporting (desirable).
* Outstanding time management, organisational skills, oral/written communication skills, critical thinking and attention to detail.
* Strong MS Office and analytical skills, mid‑level information management software experience required.
Seniority level
Entry level
Employment type
Full‑time
Job function
Management and Manufacturing
Referrals increase your chances of interviewing at Waystone by 2x.
#J-18808-Ljbffr