Senior Fund Operations Coordinator
2 hours ago
Estimated Salary: SGD 55,000 - 65,000 per annum.
About Us:DRAKE INTERNATIONAL (SINGAPORE) LIMITED is a reputable organization providing top-notch services in the financial sector.
Job Description:- We are seeking a highly skilled and experienced Senior Fund Operations Coordinator to join our team.
The successful candidate will be responsible for trailer fee computation, contract interpretation, and accurate records. You will collaborate with various stakeholders to ensure smooth fund management operations.
Your expertise in dealing with distributors, fund administrators, and transfer agents will contribute to our success.
- You will calculate trailer fees based on specified formulas and translate contractual agreements into working files for fee computation.
- You will check and reconcile past fees with counterparties, distributors, and introducers, correcting fee formulas to avoid ambiguities.
- You will establish systems for efficient fee computation and payment monitoring.
- You will maintain a comprehensive database and supporting documents related to fee computation.
- Familiarity with various fees charged by funds, including Sales Charge, Distribution Fee, and Management Fee.
- Ability to interpret prospectus/fund documents regarding associated fees and expenses, including total expense ratio caps.
- Proficiency in data tools to streamline processes.
- Experience dealing with Fund Administrators, Transfer Agents, and Distributors.
- Understanding of different fund classes and fund management operations, including subscriptions, redemptions, and NAV computation.
- Strong Excel skills and excellent documentation practices.
- Effective communication skills.
- Competitive salary and benefits package.
- Opportunity to work with a reputable organization in the financial sector.
- Chance to develop your skills and experience in fund operations.
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