Financial Services: Fund Administration, EY Comply

Job description

EY is the only professional services firm with a separate business unit, the Financial Services Office (“FSO), dedicated to the wealth and asset management, bank and capital markets, and insurance firms. Our FSO teams have been at the forefront of the most significant industry events that are reshaping and redefining the financial services industry.  As a professional in EY Comply you will work primarily at the Hoboken office, which is an EY “office of the future” and comprised of high-performing resources, who work closely with our experienced client serving professionals, to deliver managed services to our Financial Services clients. If you have a passion for rallying together to solve the most complex challenges in the financial services industry, come join our dynamic FSO team!

The opportunity

You will play a key role in defining the way hedge fund and mutual fund advisors meet global regulatory, tax, and financial statement reporting requirements by using EY Comply, a proprietary EY technology platform. Top-tier hedge funds and mutual fund asset managers are onboarding to EY Comply, which brings together investment risk data, transaction, and holdings data into a single platform for workflow management, transparency, and accountability to lower reporting costs and streamline the regulatory filing, tax reporting, and financial reporting processes. Join our team and assist leading mutual fund and hedge fund advisors in transforming their business models to address their most complex reporting and technology challenges.

 

Your key responsibilities

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Understand the intricacies of global mutual fund and hedge fund regulatory reporting.

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Understand the regulatory reporting requirements for the US and global jurisdictions.

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Validate data and answers on regulatory reporting forms (e.g., Form N-PORT, Form N-CEN, CPO-PQR, and Form PF) based on established methodologies.

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Support the management of teamswith diverse backgrounds to deliver exceptional quality work and service to our clients.

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Foster an innovative and inclusive team-oriented environment while counselling and mentoring others.

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Bring industry practices to optimize the processes and drive quality service for workflow management of the regulatory reporting process.

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Drive high quality work products within expected timeframes and budget.

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Monitor progress, and assist with managing program risks and ensuring key stakeholders are kept informed about progress and expected outcomes.

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Stay current on business and industry trends relevant to our clients, including the latest regulatory developments, and industry practices for mutual fund and hedge fund advisors.

Skills and attributes for success

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Understanding of processes and ability to execute detailed procedures based on knowledge of fund financial statement and regulatory filing principles

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Mastery of the intricacies in hedge fund and mutual fund regulatory reporting, and financial statement reporting

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Mastery mutual fund and hedge fund investment characteristics and the application of regulatory and financial reporting rules to those investments

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Ability to deliver client and process requirements in a regulatory driven environment, and understanding operationally complex fund accounting principles

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Ability to develop relationships with team members across multiple geographic locations and time zones

To qualify for the role, you must have:

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Work experience related to financial reporting and regulatory reporting in the financial services industry

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Experience related to fund accounting and/or fund administration, including the ability to conduct technical reviews and understand SEC regulations and U.S. GAAP, and FAQs as they pertain to required reporting.

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Analytical skills, especially those related to fund accounting and asset management

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Strong proven communication skills demonstrated through effective writing and presentations to clients and internal stakeholders; based on critical thinking and problem solving skills

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Effective leadership, project management, and organizational skills

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Experience managing large teams and the ability to leverage the team’s talents in solving problems

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An understanding of financial products and services, in particular mutual funds, hedge funds and private equity funds

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An interest in working in an environment which encourages continuous learning, development and identification of opportunities for improvement of individual and team performance

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A willingness to travel on an exception basis for client needs

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A bachelor’s degree in business, accounting, economics, finance or related discipline

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CFA or CPA a plus

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Experience with software tools (e.g. Python) and data vendors (e.g. Bloomberg, Thomson Reuters, etc.) a plus.

   What we look for

You should be flexible and able to manage multiple responsibilities, including delivery of exceptional quality work to our clients. In addition, you’ll be a motivated self-starter, and will value sharing best practices with your colleagues and leaders.

What working at EY offers:

We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package includes medical and dental coverage, both pension and 401(k) plans, a minimum of 15 days of vacation, plus ten observed holidays, three paid personal days, and a range of programs and benefits designed to support your physical, financial, and social well-being. Plus, we offer:

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Support, coaching and feedback from some of the most engaging colleagues in the industry

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Commitment to providing meaningful on-the-job coaching and training to further bolster your skills and growth

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Opportunity to continue to create marketable, desired skills and progress your career

About EY

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom to develop your career. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

  Join us in building a better working world. Apply now!

 

 

EY provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, national origin, protected veteran status, disability status, or any other legally protected basis, in accordance with applicable law.