Associate, Fund Administration

Thornburg Investment Management • Santa Fe, NM

4d

About The Position

Thornburg is a global investment firm delivering on strategy for institutions, financial professionals and investors worldwide. The privately held firm, founded in 1982, is an active, high-conviction manager of fixed income, equities, and multi-asset solutions. As an independent firm, Thornburg can take on a wide range of opportunities, explore ideas thoroughly and work across strategies to deliver consistent risk-adjusted outperformance over the long term. The firm attracts free-thinking professionals who are eager to pursue investment outcomes beyond the confines of popular wisdom. From nimble operational capabilities to principles and actions fitting of a global citizen, Thornburg’s world-class investment platform and team are aligned on strategy to serve investors. Job Summary Responsible for day-to-day reporting of cash and expenses of 1940 Act funds, UCITS sub-funds, and/or private pooled funds, and related duties. Assist the Fund Administration team with other various tasks as needed.

Requirements

• Bachelor's degree required.
• Accounting degree preferred or 1-2 years of equivalent experience or back-office roles in the finance industry required.
• Demonstrated proficiency in Microsoft Excel and Word.
• Excellent analytical and communication skills.
• High level of attention to detail.
• Organization skills with tasks, assignments and documentation.
• Ability to work in a fast-paced and close team environment.
• Must be highly flexible and able to work on multiple projects simultaneously.

Responsibilities

• Verify and log expense check requests, submit expense requests to custodian for payment.
• Responsible for daily cash reporting, updating spreadsheets and reconciliations with expense information, trades, holdings and net assets.
• Periodic reporting of financial information and regulatory filing requirements.
• Works closely with various departments including traders, operations, marketing as well as external auditors, custodians and trustees to provide information as needed.
• Reviewing accruals and income receipts and reconcile any discrepancies.
• Provide market documentation updates to the custodian and/or sub-custodians as warranted.
• Assist in the daily NAV production with monitoring prices, review for reasonableness, coordinate with portfolio managers on challenges or any other pricing exceptions, and provide stakeholders with the final NAV’s and AUM as warranted.
• Assist with tax related work tasks.
• Perform other job duties assigned as necessary.

Benefits

• Medical, dental, and vision coverage.
• Employer 401(k) safe harbor and profit-sharing contributions.
• Work/life programs such as flexible work arrangements, flexible paid time off, paid parental leave, employee assistance program, commuter benefits, student loan repayment program, & education reimbursement program.
• Community involvement opportunities.
• Onsite cafeteria.
• Onsite fitness center.
• Referral program.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 101-250 employees