JTC Group
Associate Director - Fund Services
JTC Group, Kansas City, Missouri, United States, 64101
EMPLOYMENT TYPE:
At Will
DEPARTMENT:
Fund Services
DIVISION:
Institutional Client Services
WORKPLACE STRUCTURE:
Hybrid
ROLE OVERVIEW
PURPOSE OF JOB
The role holder will be required to administer a client portfolio, under the supervision of a Line Manager. They should be able to demonstrate a clear understanding of the client's portfolio, including risk awareness, relationship management and contractual and statutory obligations.
MAIN RESPONSIBILITIES AND DUTIESSupervises a team and is responsible for the day-to-day investor servicing/onboarding, accounting, and reporting for private equity and real estate fundsReviews and approves general ledger activity for investor-level, fund-level, and investment-level transactionsReviews and approves investor subscription documentation and follows AML/KYC proceduresResponsible for daily cash activity, wire transfers and bank reconciliationsReviews and approves quarterly accounting packages, including partner allocationsManages and trains junior members of the team, including hiring decisions and performance appraisalsServes as US GAAP subject matter expert and monitors FASB guidance for incorporation into proceduresReviews and approves US GAAP financial statements and partner capital statementsEnsures fund waterfall and management fee calculations are interpreted in accordance with relevant fund operating documents, e.g. LP or LLC agreementsReviews and approves investor capital call and distribution noticesManages relationship with clients' external auditors during year-end auditsInteracts with clients on day-to-day matters as well as on ad-hoc queriesParticipates in regular technology and information reviews, identifies potential changes and enhancements, and recommends alternatives for implementationManage own billing and cash collection / debtors process, have an awareness of recoverability and work in an efficient manner so as to minimise write-offsAdhere to Risk & Associated Compliance procedures in relation to regulatory requirements and AML legislationAdhere to CPD requirements in accordance with qualification level and in-house proceduresAdhere to the JTC core values and expected behavioursAny other duties as deemed necessary by ManagementESSENTIAL REQUIREMENTS
Private equity or fund administration experience, ideally 8+ years, for this role.College degree (accounting business, mathematics, finance or economics degree preferred but not essential)Proficiency in MS Office. Strong Excel expertiseStrong organizational and communication skillsAttention to detail, problem solving and analytical skills
#LI-SB1
At Will
DEPARTMENT:
Fund Services
DIVISION:
Institutional Client Services
WORKPLACE STRUCTURE:
Hybrid
ROLE OVERVIEW
PURPOSE OF JOB
The role holder will be required to administer a client portfolio, under the supervision of a Line Manager. They should be able to demonstrate a clear understanding of the client's portfolio, including risk awareness, relationship management and contractual and statutory obligations.
MAIN RESPONSIBILITIES AND DUTIESSupervises a team and is responsible for the day-to-day investor servicing/onboarding, accounting, and reporting for private equity and real estate fundsReviews and approves general ledger activity for investor-level, fund-level, and investment-level transactionsReviews and approves investor subscription documentation and follows AML/KYC proceduresResponsible for daily cash activity, wire transfers and bank reconciliationsReviews and approves quarterly accounting packages, including partner allocationsManages and trains junior members of the team, including hiring decisions and performance appraisalsServes as US GAAP subject matter expert and monitors FASB guidance for incorporation into proceduresReviews and approves US GAAP financial statements and partner capital statementsEnsures fund waterfall and management fee calculations are interpreted in accordance with relevant fund operating documents, e.g. LP or LLC agreementsReviews and approves investor capital call and distribution noticesManages relationship with clients' external auditors during year-end auditsInteracts with clients on day-to-day matters as well as on ad-hoc queriesParticipates in regular technology and information reviews, identifies potential changes and enhancements, and recommends alternatives for implementationManage own billing and cash collection / debtors process, have an awareness of recoverability and work in an efficient manner so as to minimise write-offsAdhere to Risk & Associated Compliance procedures in relation to regulatory requirements and AML legislationAdhere to CPD requirements in accordance with qualification level and in-house proceduresAdhere to the JTC core values and expected behavioursAny other duties as deemed necessary by ManagementESSENTIAL REQUIREMENTS
Private equity or fund administration experience, ideally 8+ years, for this role.College degree (accounting business, mathematics, finance or economics degree preferred but not essential)Proficiency in MS Office. Strong Excel expertiseStrong organizational and communication skillsAttention to detail, problem solving and analytical skills
#LI-SB1