Jobs in Fund Administration

Company: Specialist services provider to the alternative investment & captive insurance industries
Location: Cayman Islands
Open: Caymanians & Non-Caymanians
Remuneration: An attractive package commensurate on experience +/- US$70 - 90K
Send application to: sharon@bermuda4u.com

Tired of working excessively long hours and a ridiculous commute to work? Change your lifestyle and move to the Cayman Islands where you can experience clear turquoise water and white sandy beaches with an abundance of water sports, diving, snorkelling, fishing and boating. Or go hiking, caving, birding or touring.

The Cayman Islands offers an unparalleled lifestyle with rich culture.

Our client seeks a motivated Fund Lawyer with excellent fund experience to join their specialist fund services operations.

Requirements:

• Must have relevant university degree qualified for approx 3 years
• Must have 5 years industry related experience
• Hedge Fund experience is essential
• Must have good analytical skills
• Must be able to work independently and as part of a team

Company: Investment Management Company
Location: Bermuda
Open: Bermudians and non-Bermudians
Send application to: frank@bermuda4u.com

Our client, an international investment management organization has its global headquarters in sunny Bermuda! We are currently seeking a highly motivated individual to their Compliance team based in the Bermuda. The team oversees the corporate finance, legal, fund treasury, investor protection and investment compliance functions globally.

Responsibilities include:

• Review, analysis and resolution of investment breaches.
• Analyze and comment on investment guidelines for institutional client accounts.
• Evaluation of investment restrictions for compliance testing.
• Develop rules structure for automated compliance system.

Key requirements:

• University degree and at least 2 years experience in the investments industry
• Prior experience monitoring investment portfolios for compliance restrictions
• Completion of / significant progress towards completion of CFA.
• Knowledge of financial instruments including equities, fixed income and derivatives.
• Experience with the valuation of funds would be an asset.

Compensation is very competitive and subject to only 4.75% tax! Relocation assistance and an excellent benefits package will also be offered to the successful candidate.

Company: Fund administrator for funds/hedge funds
Open: Bermudians and Non-Bermudians
Closing Date: Open
Send Application to: jobs@bermuda4u.com

Job Description:

Our clients are providers of administration services for funds and hedge funds domiciled in Bermuda. The successful candidate will:-

• Prepare the valuation of their assigned funds on a weekly/monthly basis as applicable.
• Be responsible for accounting and reconciling their funds for review by senior management.
• Will be the main contact for auditors and regulatory authorities in relation to the funds and liaise accordingly.
• Be able to work in a team environment and communicate effectively.
• Must be extremely deadline conscious and have a flexible approach to working hours to ensure assigned tasks are completed to deadline.

Requirements:

• An accounting designation is preferred (ACA, ACCA, CPA or equivalent) OR an appropriate level of experience in fund/hedge fund accounting.
• Experience of working in a deadline orientated environment.
• Above average communication skills and experience of working in a team environment is advantageous.
• Proficiency with Microsoft Office applications and with accounting software packages.

Company: Fund Administrator
Open: Bermudians and Non-Bermudians
Closing Date: Open
Send Application to: jobs@bermuda4u.com

Job Description:

Our client is Bermuda based fund services provider establishing a new office on the Isle of Man to add to its growing world-wide portfolio of eight offices. They require Fund Accountants and Senior Fund Accountants to join their new team. Reporting to your Account Manager key responsibilities include but are not restricted to:-

• The preparation of NAVs’s to pre-arranged deadline.
• Ensuring all transactions are accurately recorded and accounted for appropriately.
• Perform appropriate reconciliation procedures on fund data.
• Effective liaison with clients and ensuring client queries are responded to on a timely basis.
• Effective liaison with the external auditors and other regulatory bodies.
• Ad hoc projects as assigned by management.

Requirements for the role include:-

• Prior experience in a similar role is an advantage.
• 2-3 years experience in a similar role is required for the Senior Fund Accountant role.
• An accounting qualification is an advantage.
• Above average communication skills are required both written and verbal.
• Above average interpersonal skills are a must.

The Isle of Man has a low-tax regime with the top rate of tax currently at 18%. The island also offers good travel links situated between Ireland and the UK. Appropriate relocation assistance will be provided to the successful candidate.

Company: Fund Administrator
Open: Bermudians and Non-Bermudians
Closing Date: Open
Send Application To: jobs@bermuda4u.com

Job Description:

Our client is a Bermuda–based fund services administration services provider that has opened its eighth worldwide office in the Isle of Man. They are looking for a Junior Account Manager and a Senior Account Manager to join their dynamic team that will be committed to providing the highest standard of service to its portfolio of clients. Key responsibilities include:-

• The ability to effectively supervise your assigned team.
• Supervise the timely and accurate production of NAV’s by your client.
• Ensure the company’s high quality service goals are achieved.
• Ensure the company complies with applicable SAS70 requirements.
• Market the company’s services and products to clients and potential new clients.
• Engage in ad hoc duties as assigned.

Key requirements include:-

• An international recognized accounting designation – ACA, CA, ACCA, CMA, CPA, CFA, IATI etc
• For Senior Account Manager preferably 7 years experience required.
• For Junior Account Manager preferably 4 years experience required.
• Excellent communication skills are a must.
• Excellent interpersonal skills are a must.
• Prior experience of working in a start-up environment an advantage.

The Isle of Man enjoys a tax-friendly regime of c18%. The island is situated between Ireland and the Uk and offers good travel links. Our client will also offer appropriate relocation assistance to the successful candidate.

Company: Fund Administrator
Open: Bermudians and Non-Bermudians
Closing Date: Open
Send Application To: jobs@bermuda4u.com

Job Description:

A Bermuda-based Hedge fund administration services provider is seeking an Operations Manager for its newly established Isle of Man office based in Douglas. You will be reporting to the Managing Director and will be committed to providing the highest service to your clients.

The main responsibilities for this role include:-

• The management of a team of staff to effectively apply the company’s high standard of client care and service.
• The management of the training needs of the team.
• The effective management of set budgets, financial and non-financial targets.
• Performing an ongoing review of the offices procedures and control environment and ensuring that the office meets applicable standards and regulations and also conforms to company standards.
• Ultimate responsibility for the provision of financial reports to clients and regulatory authorities alike.

Key requirements include but are not restricted to:-

• A business degree and/or an MBA.
• 5 years experience in a supervisory position within Private Equity Fund administration.
• Prior experience of funds in Eastern Europe, the Far East, and the Indian Sub-Continent are an advantage.
• Prior experience of being in a management position in a start-up environment is an advantage.

The Isle of Man is situated between Ireland and the UK and enjoys good travel links a low-tax environment with the current upper rate if tax set at 18%.

Our client is prepared to offer appropriate relocation assistance to the successful candidate.