Senior Middle Officer - Oversight External Manager — Union Bancaire Privée

Full description

• Mission
• The Middle Office Asset Management team supports the operational activities of the alternative investment platform and ensures that the activities performed by external portfolio managers and other service providers are properly monitored and controlled.
• The Senior Middle Officer – External Portfolio Manager Oversight will be responsible for ensuring that the operational oversight framework runs smoothly, that all relevant controls are performed accurately and on time, and that identified issues are appropriately investigated, escalated and resolved.
• The role requires a strong understanding of fund structures, investment operations, financial instruments and regulatory requirements. The Senior Middle Officer will also contribute to the continuous improvement of processes, controls and reporting within the Middle Office Asset Management function.
• Main responsibilities
• Reviewing and challenging NAV calculations received from fund administrators and external portfolio managers, investigating material discrepancies and ensuring that issues are resolved within the required deadlines.
• Reviewing the investment book P&L and investigating unexplained movements, valuation differences and other material variances.
• Monitoring share class performance and ensuring that performance information is consistent. Reviewing hedging ratios and related calculations.
• Validating management fees, performance fees, fund expenses and other billing elements.
• Overseeing risk and regulatory reporting.
• Monitoring capital activity.
• Reviewing counterparty exposure reports.
• Coordinating the operational onboarding of new funds, share classes, external portfolio managers and service providers.
• Reviewing fund documentation, operating models, fee arrangements, reporting requirements and cash-flow processes as part of the onboarding process.
• Validating the setup and testing of new operational processes, controls and reporting requirements.
• Reviewing invoices and billing information and ensuring that discrepancies are investigated and resolved.
• Monitoring collateral and derivatives margin requirements, including margin calls, collateral movements and related reconciliations.
• Liaising with external portfolio managers, fund administrators, custodians, clearing brokers, counterparties and internal departments to resolve operational issues.
• Maintaining appropriate documentation and audit trails for all controls, investigations, exceptions and remediation actions.
• Participating in the implementation of new processes, controls, reporting tools and operational improvements.
• Your Profile
• At least 7 years of relevant experience in Asset Management, Investment Operations, Fund Accounting, Fund Administration or within a Management Company.
• University degree in accounting, finance, economics, business administration or a related discipline.
• Strong knowledge of investment operations, fund accounting processes. operational oversight, fund structures and alternative investment products.
• Good knowledge of regulatory frameworks, including EMIR, UCITS and AIFMD, where applicable.
• Strong analytical and detail-oriented aptitude, with the ability to manage operational risks appropriately.
• Ability to develop strong working relationships with external portfolio managers, fund administrators, custodians, clearing brokers, counterparties and internal stakeholders.
• Strong communication skills, both written and verbal, and excellent interpersonal skills.
• Ability to work under pressure and deliver high-quality results within tight deadlines.
• Fluent in French and English.
• Others
• Swiss Residence

Core Competencies : Adherence to the company’s values: Dedication, Conviction, Agility and Responsibility - Compliance with regulations and internal directives

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