Junior Associate Director, Portfolio Operations – Cash Reconciliations (Evening Shift)

About MUFG Investor Services:

MUFG Investor Services provides asset servicing solutions to the global investment management industry. Leveraging the financial and intellectual capital of MUFG – one of the largest banks in the world with $2.8 trillion in assets – we provide clients access to a range of leading solutions from fund administration, middle-office outsourcing, custody, foreign exchange, trustee services and depository to securities lending and other banking services.

With a diverse and dynamic network of offices across the globe, MUFG Investor Services provides challenging and rewarding careers. We achieve this by offering continuous learning and development, collaborative team work environment, promotion of work-life integration, and exposure to a wide variety of work.

Imagine your future at MUFG Investor Services where you can grow professionally, in a diverse and inclusive workplace that rewards your contribution. 

#LI-Hybrid

This is a vital role in ensuring MFS can deliver on its internal SLA agreements and deliverables as agreed with Client Delivery teams for the cash reconciliations and other live cash services for a range of low to complex Private Equity Investment funds. The Junior Associate will manage their time effectively to nurture training and oversight of deliverables from junior staff, as well as review necessary work. They will also need to be involved with daily tasks and other BAU as dictated by the SLAs and deliverables.

The candidate will have a strong understanding of the structures and types of products within a private investment fund as well as strong accounting knowledge for the double entry and booking of transactions through the accounting system. Ideally the candidate will be a self-starter and also look to become involved in improvement projects for the team such as automation and technology.

For this role you may be tasked with reviewing the work of an Associate, ensuring tasks are completed and issues appropriately investigated. A Junior Associate Director will likely be the lead for multiple client collection accounts belonging to a Client Delivery team as well as having the ability to assist across other workstreams where necessary for coverage.

The candidate would also be responsible for knowledge transfer and training to new joiners.

• Ensure client transaction processing is complete, booked correctly & back up evidence is accurate.

• Review reconciliations prepared by other members of the team where necessary to maintain flow of workloads and coverage across the wider team.

• Operate and oversee in-house reconciliation technology as well as being involved in internal discussions for

improvements and automations.

• Ensure to engage in suggesting ideas and efficiency improvements to the process framework.

• Liaise with other Investor and Client delivery teams within MFS in other locations.

• Ensure accuracy at all times and ensure SLA deadlines are met and strictly adhered to.

• Support the new account migration processes.

• Involvement in projects and managing change.

• Oversight of reconciliation and data transmission technology.

• Escalate issues appropriately as and when needed.

• Candidates must have relevant experience within investor services, private equity or asset management sectors.
• Good understanding of security transactions and investment fund structures.
• Strong understanding of bookkeeping and capital transaction movements.
• Ability to work autonomously as well as part of a team, possessing strong problem solving skills.
• Experience with reconciliation tools or technology, a portfolio management system or an investment accounting general ledger, such as Investran, Geneva, Mantra or Yardi.
• Advanced Excel knowledge; comfortable with pivot table and functions e.g. TEXT, LOOKUP, MATH, IF, would be useful.
• Comfortable to perform shift work from 2pm to 11pm

At MUFG Investor Services, we are exceptionally proud of our approach to Hybrid Working. It enables the flexibility to thrive from wherever our employees work and, stay connected to their team and our culture. When we make Hybrid Working plans, we get to know the individual and pride ourselves in underpinning all our decisions with fairness and consistency.

MUFG Investor Services provides all of its employees with an extremely attractive compensation package. In addition to base salary, there is a group medical insurance scheme, group pension scheme, reimbursement of professional subscriptions, paid holidays and assistance towards gym memberships.

We thank all candidates for applying; however, only those proceeding to the interview stage will be contacted. If you are contacted for a job opportunity, please advise us of any accommodations needed to ensure fair and equitable access throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only to provide an accessible candidate experience.

MUFG is an equal opportunity employer.