Fund Operations Analyst 2

About Schroders

We’re a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.

We have around 5,000 people on six continents. And we’ve been around for over 200 years, but keep adapting as society and technology changes. What doesn’t change is our commitment to helping our clients, and society, prosper.

The base

We are based at 7 Bryant Park in the heart of NYC. And we have everything we need to work flexibly. We operate a hybrid working model, with a requirement that our Fund Accountant be in the office 3 days per week. This is to sustain our culture of innovation, collaboration, knowledge  sharing, and building relationships with the business

The team

This is an opportunity to work interdependently with a small and engaged Fund Operations team that sits within a global Operations function at a global asset management firm. 

Position Overview

Reports to the Head of Fund Operations. This role will perform various operational tasks for investment partnerships, hedge funds and 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.  

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
• Participate as a member of the Local Pricing Unit for the America’s Pricing Committee and assist with preparing pricing minutes and committee materials
• 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 Fund Operations Procedures and monthly/daily checklists
• 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
• Facilitate and/or manage related components of broader projects

Basic Qualifications

• 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 PC skills including experience with the Microsoft Office application suite
• Excellent written and oral communication skills

Preferred Qualifications

• Certified Public Accountant (CPA) or candidate
• Knowledge and experience in private debt, private equity or hedge funds 

Compensation
 
Schroders offers a base salary in a range of $90,000 to $105,000 for this position.

The referenced salary range is based on the Company's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education/training and skill level.

ADA

Schroder Investment Management North America Inc. complies with the Americans with Disabilities Act of 1990.

We recognize potential, whoever you are

Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought facilitated by an inclusive culture will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer: you are welcome here regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background or any other protected characteristics