Fund Operations Associate - 6 months contract (Extension)

at  Drake International Singapore Limited

Main Responsibilities

• Trailer Fee Computation
• Interpretation of trailer fee computation formula
• Able to translate contractual agreements to working files for fee computation.
• Checking/Reconciling past fees to counterparties, distributors and introducers
• Correcting Fee formulas in relevant agreements to avoid ambiguities
• Setting up system to facilitate and monitor fee computation and payments
• Maintain database and supporting documents for fee computation and fee.

Knowledge/Experience

• Various Fees chargeable by Funds, i.e. Sales Charge, Distribution Fee, Management Fee etc.
• Able to read the prospectus/fund documents to interpret associated fees and expenses along with total expense ratio caps applicable.
• Data churning and good use of data tools to simply the process.
• Dealing with Fund Administrator/ Transfer Agent
• Knowledge/Experience in Dealing with Distributors/Introducers
• Knowledge/Experience in Dealing with Various Fund classes
• Fund Management Operations
• Fund subscriptions/redemptions
• Fund NAV computation/reconciliation

Other Requisites

• Good Excel skills
• Good documentation practice
• Good communicator

If you’re interested in this role , click ‘apply now’
If this job isn’t quite right for you but you are looking for a new position, please contact us hsingh@sg.drakeintl.com / +65 6645 4540 for a confidential discussion on your career.
License No: 11C3510 / EA Reg ID: R165823

• Trailer Fee Computation
• Interpretation of trailer fee computation formula
• Able to translate contractual agreements to working files for fee computation.
• Checking/Reconciling past fees to counterparties, distributors and introducers
• Correcting Fee formulas in relevant agreements to avoid ambiguities
• Setting up system to facilitate and monitor fee computation and payments
• Maintain database and supporting documents for fee computation and fee