Fund Operations Analyst

Schroders•New York, NY

23d•$90,000 - $100,000•Onsite

About The Position

This role reports to the Head of Fund Mandates, Americas. This role will perform various operational tasks for private credit funds, hedge funds, limited partnerships and other private funds. Such operational responsibilities include financial reporting, fund accounting, product development, valuation and tax reporting for a designated group of funds. The role will work internally with teams such as investment, distribution, legal, product, client service and externally with multiple third-party administrators and custodians.

Requirements

Bachelor or Master's degree in accounting, Finance or other similar degree
2 - 5 years minimum relevant industry experience ideally in the fund industry
Excellent communication skills
Ability to work under tight deadlines and successfully manage multiple requests
Strong “Team Player” attitude
Excellent written and oral communication skills

Nice To Haves

Certified Public Accountant (CPA) or similar designation
Knowledge and experience in private credit, private equity or hedge funds

Responsibilities

Providing operational support and contribute toward a team with oversight of third-party administrators and adherence to the service level agreement and key performance indicators
Deliver accurate and timely work within specified deliverables timelines in coordination with management and other team members
Review accounting packages and client statements provided by third party administrators
Knowledge of annual fund audits and financial statements under U.S. GAAP and/or IFRS accounting standards with external auditors and third-party administrators
Valuation and pricing responsibility for a designated group of funds
Review fund expense and budget accruals
Review of fund performance and calculation of fund performance fees
Review of capital call notices and investor allocations for private funds
Process vendor and invoice payments and track against purchase orders
Update and perform periodic review of procedures
Prepare pro-forma analysis and participate in product development of new funds
Tax reporting and review of fund distributions
Work closely with legal, both external and internal auditors, risk and compliance teams