This Gibraltar based fiduciary services provider and fund administrator is looking to hire a skilled Head of Fund Administration to run that business unit.
The Head of Fund Administration is charged with running the entire Fund Administration operation from the daily tasks to strategic new client acquisition. Needless to say this is a senior role and comes with significant responsibilities and obligations, suitable to skilled fund administration professionals.
The Head of Fund Administration takes an active part in the day-to-day operation of the department, developing and managing the team of fund administrators. They have to ensure work is undertaken in accordance with the companies procedures & check lists and to meet all deadlines.
A key duty in this Gibraltar based fund administration job
is to assist the directors of the company in taking on new clients and the setting up of new fund administration structures.
This setting up of new funds involves liaison with external advisers (usually internationally and Gibraltar based lawyers), drafting of incorporation documents, collection of due diligence/KYC information, establishment of the fund with the FSC and ensuring the end client is kept in the loop and furnished with all the documentation and information they require.
On a daily basis the Head of Fund Administration undertakes and supervises the day to day administration of the funds in their portfolio.
They need to ensure all outgoing correspondence, prospectuses and calculations are of the highest standard.
It also falls within the remit of the Head of Fund Administration to complete the production of management, interim to fully audited accounts and to complete any necessary Bookkeeping. They will also take full responsibility for accurate and timely NAV calculations.
When necessary the Head of Fund Administration will attend board meetings, ensure the compliance monitoring of the Funds are adhered to by less experienced administrative staff and present the public face of the company in all client relationship management activities.
- To be considered for this vacancy you should have at least three years (preferably more) experience in Fund Administration.
- It would be useful if you have gained that experience from within a European offshore jurisdiction and even better if you have a clear understanding of the FSC´s regulation and legislation in the administration of funds.
- You will also be familiar with NAV calculation, double entry bookkeeping and preparation of accounts to trial balance or further.
- It is expected that you will hold a professional industry Qualification or part qualification such as IDFA, AAT, CAT, ACCA, Step, ICSA, or CIMA.
Finally it is vital that this individual can hit the ground running and the need for FSC to approve that individual is paramount. Applications from fund administration professional who are already approved by a European regulator or the FSC themselves are encouraged.
This is a business critical Gibraltar fund administration opening and as such the company will pay what is required to employ the best individual. Full benefits, perks and the chance to work under one of the jurisdictions Heavy Hitters / Mentors are added bonuses.