As part of the Mutual Funds (MF) Treasury Team, the MF Treasury Analyst will assist in the oversight of mutual fund accounting and administration of a number of ’40 Act mutual funds (both open-end and closed-end funds). The position requires a firm technical grasp of fixed income securities, equities and derivatives and ’40 Act mutual funds. The MF Treasury Analyst is expected to work in tandem with members of the team and other internal departments to document, oversee, and execute processes related to the oversight of the mutual fund accounting and administration service providers.
- Assist in reviewing the daily Net Asset Values for each fund; ensure that securities are priced in accordance with the pricing policy of the funds; perform NAV, market value and end of day price reconciliations.
- Review and approve expenses; ensure that expenses are allocated properly; review expense ratios to ensure that they are within the limits as provided for in the funds’ offering documents; review calculation of management fees.
- Work with analysts and service providers in the production and filing of quarterly schedule of investments and disclosures.
- Assist in the semi-annual and annual production of financial statements; coordinate audit and tax requests; assist in the coordination of review of financial statements by various internal and external parties.
- Monitor service provider performance; participate in the monthly operational calls and escalate any service issues as needed; assist in the creation of service provider key performance metrics; review SSAE 16 reports for any deficiencies noted by the service auditors that may impact the Funds’ operations.
- Participate in weekly/monthly valuation meetings; prepare pricing materials, as needed; document minutes from such meetings.
- Assist in the production of quarterly board materials.
- Assist in the review and approval of monthly and special distributions.
- Work with various service providers to maintain a calendar of regulatory filings.
- Assist in the documentation of desktop procedures.
- Monitor new accounting and tax pronouncements and evaluate impact of implementation of such pronouncements on the funds; propose policies and disclosures, as needed, to meet requirements of new pronouncements.
- Work with the fund tax team to monitor and account for the funds’ investment activities.
- Participate in vendor due diligence meetings and document results from such meetings.
- Perform any other projects or one-off client requests, as necessary.