Head of Fund Services – Director

Head of Fund Services – Director

HKD 85,000 x 12 as base
Posted on 09-Oct-22

Our Client belongs to one of the most established SOE bank group with very well locally adapted culture. They are now looking for a fund service professional with well founded Fund service experience to join them as their Fund Services-Director.

Head of Fund Services – Director

Client Background:

Our Client belongs to one of the most established SOE bank group with very well locally adapted culture. They are now looking for a fund service professional with well founded Fund service experience to join them as their Fund Services-Director.


Responsibilities:

• Supervise and be responsible for the overall management and development of the regional division.
• Serve as the primary contact of key fund client.
• Business development duties will be managed by related department. Candidate for this position need not to conduct any BD but requires monitoring the relevant departments and review the provided reports.
• Lead and monitor key fund organization documents to ensure that the fund is established in accordance with the fund’s documentation.
• Manage and supervise daily operations including but not limit to trade settlement, portfolio valuation.
• Lead and monitor the position and cash reconciliation between the client and its custodian
• Responsible for performance management, employee engagement and turnover rate.
• Responsible for company budgets, managing resources and costs.
• Participate in key client meetings.
• Review headquarters-related reports in regarding risk ratings for clients
• Participate in management-level discussions at headquarters and make effective recommendations.
• Assisting the HK fund services team in developing  medium- and long-term strategy.
• Responsible for managing the employee incentive system, optimizing the incentive fee system and allocation terms in a timely manner.
• Continuously assessing and improving operational service model

Requirements:

• 8+ years of working experience related to fund accounting or fund services industry.
• Degree or above in Accounting or related discipline, candidate is also expected to be a CPA, CEP, ACCA, FRM or equivalent qualification holder.
• Rich knowledge of hedge fund and fund investor-level accounting concepts.
• Good communication skills (written and verbal) and relationship management skills
• Manage enterprise risk and strengthen control and management operational risk.
• Fluent in Mandarin and English will be an advantage.