Trainee Fund Administrator

This is a great opportunity for a driven and talented individual to make a real difference as part of a dedicated and professional team. The Trainee Administrator will work on a range of matters providing administration, management and secretarial services for established and new Real Estate and Private Equity Funds. Which are typically Limited Partnerships, Fund Companys and SPVs. There will be a number of interesting and varied ad hoc projects which will give the individual exposure to a wide variety of high quality clients. This is a position best suited to an enthusiastic individual who is eager to progress a career in fund administration and works well in a team with a willingness to commit to professional qualifications when required.

Key Responsibilities

Duties

Managing client relationships and administration:

• Assisting with the distribution of call and distribution notices, interpretation of agreements, assessing client profitability, dealing with accounting, administration and other client related issues, cash management tasks, invoice tracking and recording and other day to day functions.
• Being involved in all aspects of Real Estate and Private Equity Fund administration and coordination of Company Secretarial duties.
• The maintenance of investor details and investor related documentation, performing calls and distributions, creating and maintaining records of a portfolio of clients.
• Participate in the creation and maintenance of Fund Company investor registers or Limited Partner registers.
• Become familiar with Limited Partnership Agreements and other material agreements or legal documents relating to the management, control and administration of the Funds vehicles for which they have primary responsibility for.
• Daily cash management tasks across a number of bank accounts. To be familiar with banking and payment processes; billing and cash collection, formatting and systems.

Assisting with the take-on and set-up of new clients:

• Coordinating the initial secretarial and regulatory needs of clients.
• Creation of new SPVs, Limited Partnerships and Trusts, playing a pivotal role in the completion and satisfaction of the KYC / AML policy for all new entities or investors;

In addition to the duties listed above, the Trainee Administrator may be requested to perform any other ad hoc duties or projects as requested by the Management Team.

Skills, Knowledge & Expertise

Qualifications

• Educated to at least A level standard or equivalent and a willingness to study towards a relevant professional qualification.

Skills and Experience

• The candidate must have excellent communication skills with the ability to work within a team, and also the ability to use initiative and work independently.
• Strong organisational and time management skills are essential.
• Training on internal systems, controls, procedures and KYC will be given, however, it is essential that the job holder has proven computer literacy skills.