IMC - Fund Administrator

Fund Administrator – IMCLocation: DublinDepartment: Operations (Dublin), Information Management Centre Grade: Fund Administrator Reporting to: Supervisor CompanySMT Fund Services (Ireland) Limited is one of the companies that form SuMi TRUST Global Asset Services and is wholly owned by Sumitomo Mitsui Trust Bank, Limited, one of the largest financial services groups in Japan.SMT Fund Services (Ireland) Limited provides fund administration services to a wide variety of investment products covering all alternative and regulated products. Our service covers all the constituent parts required to independently produce a fund’s dealing or indicative net asset value (NAV) on a monthly, weekly or daily basis.DepartmentThe Information Management Centre (IMC) is responsible for the updating of all funds in MFACT and GENEVA (the Core fund administration systems). As the centre’s name suggests the updating is primarily based on market information and includes static data, portfolio transactions, pricing and Corporate Actions. There are many information sources servicing the Centre with the primaries being IDC, Reuters, Bloomberg and Custodian/primebroker. IMC has the further responsibility of automating where possible all transaction data to maximize the efficiencies of the centre. In addition to the duties outlined above each staff member will be required to actively contribute to identifying efficiencies and to participate in the implementation process as required.Role OverviewThe Administrator is responsible for the monitoring, updating, querying and processing all of the Trades, Pricing, Income and static within the IMC Department. They report to a Supervisor, who will review their work and ensure that they have adhered to the Departments procedures. Core ResponsibilitiesTo prioritise and complete tasks to hourly and daily deadlines to ensure funds are completed and accurately priced for each valuation pointEach Administrator will be responsible for the receipt and accurate input of all trades on a daily basis for those funds allocated to them - in accordance with a set of pre-determined deadlines To audit the vendor pricing data received, source any missing detail and populate the fund accounting systemTo identify and validate pricing variances e.g. identify stale, missing and large variation movements To investigate reconciliation differences on holdings between MFACT and the Custodian/Primary Broker identified by the NAV Production Centre during their reconciliation processTo liaise with Custodian/Primary Brokers and Trading Managers to ensure these deadlines are metTo be responsible for the maintenance and control of a full Audit Trail leading to the resolution of differences on a timely basis To investigate and where necessary perform a vendor comparison, query with the relevant parties and make adjustments accordingly To be responsible for checking the quality of IDC files and where necessary source pricing information from various other sources including Bloomberg & ReutersTo build new securities resulting from new trades or corporate actionsTo consistently record and value static data records accurately as carried out in accordance with detailed documented proceduresOn a less frequent basis there is a requirement to set-up new currency and country records as well as adding to or amending the tax tables for income processing and updating source data files for price captureTo study and review the current pricing system in order to improve productivity, quality and efficiency Essential Key RequirementsAt least 0 - 6 months experience within the funds industry Strong Microsoft Office skillsEagerness to learn and develop skillsAbility to multitaskExperience working to tight deadlinesHighly organised and effectiveThe ability to work as part of a teamDesirable Key RequirementsFunds Industry knowledge MS office experience, especially MS Excel an advantageCompetenciesAttention to detailMotivationOrganisationTeam PlayerCustomer ServiceTime Management *********************