Spring 2027 Fund Admin Account Oversight Co-op (January-June)
About The Position
This Co-op experience provides participants with a meaningful, relevant work experience as part of their academic studies. In addition to daily responsibilities, participants will have the opportunity to participate in a series of structured activities designed to enhance their learning experience including: Co-Op New Hire Orientation, Senior Leadership Speaker Series, Social & Networking Events, and Presentation Challenges. At the conclusion of this position, co-ops will have increased their knowledge of investing, the mutual fund industry, employee engagement, and a firm understanding of how fund treasury works at an asset manager.
Requirements
- Working toward a Bachelor's degree, preferably with a concentration in accounting or other related financial discipline.
- Experience working in a diverse environment where production, controls, and deadlines are required preferred.
- Good analytical, organizational, and written and verbal communication skills.
- Experience or familiarity with MS Excel.
Responsibilities
- Instruct and coordinate payment instructions to external vendors to ensure payments are made timely and accurately.
- Prepares and monitors asset based fees, expense caps, fund expense ratios, expense budgets, and prepares additional deliverables as needed.
- Prepare distribution rate worksheets for review by Accounting Manager.
- Ensure communication of dividend rates, via Press Releases and Daily Rate Memos, is completed in a timely fashion.
- Monitor As-of Capstock activity, on a daily basis and communicate any necessary adjustments to the custodian bank.
- Review daily money market yields, SEC Yields and support the defaulted bond communications and payment tracking process.
Benefits
- Hourly Pay Rate: $21.00-$25.00
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
