This is a vital role in ensuring MFS can calculate independent Net Asset Values of investment funds. A Portfolio Operations (PO) Senior Associate will operate and oversee reconciliation and NAV review technology to deliver a full reconciled gross Net Asset Value to client operations teams or clients, including cash, positions, dividend & interest reconciliations.
A PO Senior Associate will have a strong understanding of what drives the value of an investment fund, the types of products it trades and the nature of day-to-day operations between an investment fund and its counterparties, all alongside a keen interest in learning new technologies and skills.
A PO Senior Associate may be tasked with reviewing the work of an Associate; ensuring tasks are completed and issues appropriately investigated. A Senior Associate will likely be the lead for at least one client, being first point of contact and owning the day-to-day relationship in PO.
- Ensure client transaction processing is complete, corporate actions have been booked correctly & security pricing is accurate.
- Review pricing of portfolios, confirming securities such as equities, options, futures, bonds & OTC derivatives are priced correctly. Gather security prices from vendors such as Bloomberg & ICE when necessary.
- Operate and oversee reconciliation technology to deliver Investment Manager positions and profit & loss reconciliations.
- Perform GAV reviews
- Liaise with custodians, brokers and other counterparties on an ongoing basis for break resolutions and process improvements.
- Provide great client service to all our clients be they internal or external.
- Respond to queries from clients in a timely and efficient manner.
- Ensure client SLAs are strictly adhered to.
- Support the new client onboarding processes.
- Involvement in projects and managing change.
- Oversight of reconciliation and data transmission technology
Education Requirements
- University degree in Computer Science, Math, Finance, Accounting or an equivalent combination of education.
Work Experience
- Candidates will require at least 2 years’ experience within the investor services or asset management industry.
Functional/Technical Skills and Knowledge Requirements
Essential
- Microsoft office applications.
- Understanding of securities such as equities, bonds, forwards, futures, options & OTC derivatives.
Preferred
- Experience with a reconciliation technology, a portfolio management system or an investment accounting general ledger.
- Advanced Excel knowledge; comfortable with pivot table and functions e.g. TEXT, LOOKUP, MATH
- • Intermediate knowledge of VBA, SQL or any programming knowledge would be an advantage.
At MUFG Investor Services, we are exceptionally proud of our approach to Hybrid Working. It enables the flexibility to thrive from wherever our employees work and, stay connected to their team and our culture. When we make Hybrid Working plans, we get to know the individual and pride ourselves in underpinning all our decisions with fairness and consistency.
MUFG Investor Services provides all of its employees with an extremely attractive compensation package. In addition to base salary, there is a group medical insurance scheme, group pension scheme, reimbursement of professional subscriptions, paid holidays and assistance towards gym memberships.
We thank all candidates for applying; however, only those proceeding to the interview stage will be contacted. If you are contacted for a job opportunity, please advise us of any accommodations needed to ensure fair and equitable access throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only to provide an accessible candidate experience.
MUFG is an equal opportunity employer.