Job Description

The Associate / Senior Associate will support the Fund Oversight team in monitoring and managing valuation processes for investment funds. This role involves reviewing fair value reports, stale pricing, pricing matrices, and valuation exceptions to ensure accuracy, compliance, and timely reporting. The position requires strong analytical skills, attention to detail, and a solid understanding of fund accounting and valuation principles.

Key Responsibilities:

Fair Value Review:

Review previous month's fair value reports and updates. Address internal queries and prepare files for valuation committee meetings.

Stale Pricing Oversight:

Review stale price reports and update static reports. Liaise with administrators and internal teams to resolve queries.

Pricing Oversight Reporting:

Coordinate and prepare valuation committee reports and materials. Support valuation committee meetings and ensure action points are addressed. Provide review and input of pricing matrices and vendor appointments.

Illiquid Valuation Reporting:

Assist the on-shore location to coordinate illiquid valuation reviews and update pricing materials. Assist in the preparation of the review valuation models and ensure compliance with internal standards.

Fund Pricing Matrix Review:

Manage regular review of pricing matrices and liaise with oversight teams for new fund launches. Coordinate pricing for new funds and maintain supporting documentation.

Data Activities:

Prepare and collate data files for valuation oversight. Maintain trackers for valuation exceptions and stale pricing. Store supporting documents for audits and internal reviews.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Maintain and exemplify a joined-up oversight program overseeing fund administrators, depositaries and where necessary investment managers. Review of Service Level Agreements to ensure deliverables adequately described. Attendance of administrator service reviews Engage in the key Net Asset Value oversight for underlying funds, which includes: Validating NAVs produced by Fund Administrators Review of individual asset valuations to ensure compliance with WMC Valuation Policy Fund Budget creation, review and on-going supervision of costs Ongoing analysis of total expense ratios, fee accruals and invoicing process Assist on the valuation process for funds and SPVs, drafting and implementing valuation policies, updating policies on a periodic basis and in step with developments, supervising on-going valuations in accordance with policies and escalating issues and observations to the Valuation Committee. Collaborate closely on a regular basis with service providers (including Company Secretaries, Administrators, Auditors, and Investment Managers) to monitor service levels of delegates. Process LEI and ISIN requests for new funds and annual renewals for existing funds. To help in the winddown and liquidation process for the funds closing. Liaise closely with the various internal teams, covering Operations, Compliance, Relationship and Risk teams to evaluate the financial risks and operational risks of each client on an on-going basis, resolving and escalating to the Director as appropriate. Keep abreast of regulatory changes in the UK and EU Markets. Aspire to be the technical expert in UCITS and AIFs. Actively participate in meetings, prepare, and attend technical training. Assist colleagues with completion of fund factsheets and other ad hoc projects. Foster positive team environment and ensure open communication. Communicate with stakeholders to ensure satisfaction with the service provided and to resolve any potential issues

EXPERIENCE:

min 2 years years' experience within financial services, preferably within funds. Strong networking skills and adept at building relationships. Knowledge of NAV production and/or financial reporting (desirable). Must be able to work in a fast-paced environment, including reporting and providing support to various members of the team. Outstanding time management, organizational skills, oral/written communication skills, critical thinking and attention to detail are required. Strong MS Office and Analytic Skills; mid-level information management software experience required.