Fund Administrator
Job Description
Fund Administrator
Reports into Account Manager
Primary Responsibilities
• Handle the Subscription process and ensure that subscriptions are correctly reported to new investors.
• Sending the initial KYC requirements list to clients, collating KYC documentation and review all KYC documents for prospective clients/ investors and to determine and request additional/missing documentation in terms of the AML/CFT Legislation.
• Liaising with clients for any additional documentation or clarification required.
• Prepare KYC checklists.
• To conduct file reviews and request additional supporting documents as required by AML/CFT legislation.
• Risk rating of clients and investors on internal software for AML risk profiling.
• To conduct risk assessment on all prospective and existing clients.
• Assist in any other ad hoc Client KYC / Due Diligence / Compliance related tasks processes as may be required.
• Provision or review of documents to be provided to Independent AML Audit Support.
• Effect customer due diligence (CDD) as per AML Code and maintain an updated list of CDD for all companies.
• Responsible for processing the redemption of shares and ensuring AML requirement is met prior to payment of redemptions.
• Assist with maintaining proper records in accordance with internal and legal requirements.
• Completion and follow-up of Certification, Notarization, Apostillation, Consularisation of documents on a timely basis, as required.
• Maintain bank accounts, including bank account opening, initiate transfers and liaising with the bank in line with the internal process.
• Ensuring that all day-to-day matters required to be completed are performed in a timely and satisfactory manner including monitoring tasks.
• Effect statutory filings with FSC, ROC and other statutory bodies.
• Effect payments for Tax Residence Certificates.
• Any other tasks as may be assigned from time to time from your Account Manager/Group Manager.
Qualifications Required:
• At least 2 years of relevant experience in the fund administration industry.
• Proficiency in Microsoft Office applications (Excel, Word, Outlook).
