Associate - Hedge Funds (Fund Services)

About the role

The Associate - Fund Services supports the delivery of fund administration and operational services to hedge fund clients. The role focuses on payment processing, cash management, reconciliations, investor transactions and operational support, ensuring client deliverables are completed accurately and on time. It works closely with internal teams, banks, custodians, clients and other service providers.

Key responsibilities

• Process wire payments, bank transfers, foreign exchange transactions and other cash movements accurately and on deadline
• Prepare payment instructions and supporting documentation for review and approval, in line with internal controls, client instructions and regulatory standards
• Monitor and reconcile fund cash balances, perform bank account reconciliations and resolve outstanding items
• Assist with investor subscriptions, redemptions, transfers and other investor transactions
• Maintain accurate client, investor and transaction records in internal systems
• Assist with Net Asset Value (NAV) calculations and supporting schedules
• Liaise with banks, custodians, clients, auditors and internal stakeholders, and respond to client and investor queries
• Support daily, weekly and monthly operational deliverables and year-end audit requests
• Identify process improvement opportunities, escalate issues and exceptions, and take ownership of assigned tasks

Required profile

• HSC/A-Level qualifications or equivalent
• 0 to 2 years of experience in fund administration, banking operations, payments, finance, accounting, audit or a similar role
• ACCA Level 1 completed, or currently pursuing ACCA, CAT or another relevant accounting or finance qualification, is an advantage
• Basic understanding of financial services, investment funds and financial markets is an advantage

Required skills

• Proficiency in Microsoft Office, particularly Excel
• Strong attention to detail, accuracy and analytical and problem-solving skills
• Ability to work independently and in a team, manage multiple priorities and work under pressure
• Good verbal and written communication skills