Associate - Fund Operations

Waystone leads the way in specialist services for the asset management industry.

Partnering with institutional investors, investment funds and asset managers, Waystone builds, supports and protects investment structures and strategies worldwide.

With over 20 years’ experience and a comprehensive range of specialist services to its name, Waystone is now serving assets under management in excess of $2Tn.
Waystone provides its clients with the guidance and tools to allow them to focus on managing their investment goals with confidence.

The Associate – Fund Operations will assist the team in the management of ongoing oversight of fund reporting provided to Waystone Management Company businesses by Administrators and other delegates, covering both AIFM and UCITS Management Company responsibilities. This role will support the Irish team in the management of International Investments for clients of Waystone and help to ensure ongoing regulatory compliance for these clients.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

· Review and verify the NAVs produced by Fund Administrators, documenting the selection process, evidencing the review, investigating errors, resolving enquiries with all parties and collating findings for periodic status reporting.

· Review and verify the fund annual expense budgets and quarterly expense analysis produced by Fund Administrators.

· Assist on the valuation process for funds and SPVs, drafting and implementing valuation policies, updating policies on a periodic basis and in step with developments, supervising on-going valuations in accordance with policies and escalating issues and observations to the Valuation Committee.

· Collaborate closely on a regular basis with service providers (including Company Secretaries, Administrators, Auditors, and Investment Managers) to monitor service levels of delegates.

· To help in the winddown and liquidation process for the funds closing.

· Liaise closely with the various internal teams, covering Operations, Compliance, Relationship and Risk teams to evaluate the financial risks and operational risks of each client on an on-going basis, resolving and escalating to the Director as appropriate.

· Keep abreast of regulatory changes.

· Aspire to be the technical expert in UCITS and AIFs.

· Actively participate in meetings, prepare, and attend technical training.

· Assist colleagues with completion of fund factsheets and other ad hoc projects.

· Foster positive team environment and ensure open communication.

· Communicate with clients to ensure satisfaction with the service provided and to resolve any potential issues.

EDUCATION:

· A degree or master’s in business/Finance/Accountancy

EXPERIENCE:

· 2-3 years years’ experience within financial services, preferably within funds.

· Strong networking skills and adept at building relationships.

· Knowledge of NAV production and/or financial reporting (desirable).

· Must be able to work in a fast-paced environment, including reporting and providing support to various members of the team.

· Outstanding time management, organizational skills, oral/written communication skills, critical thinking and attention to detail are required.

· Strong MS Office and Analytic Skills; mid-level information management software experience require