Fund Administrator
Fund Administrators support the day-to-day running of investment funds, which pool money from investors to invest in assets such as shares, property or other businesses. They maintain investor records, process payments and transactions, and help ensure that fund documents and reporting requirements are kept up to date.
They work with fund managers, investors, accountants and other professional advisers to keep the administration of funds organised, accurate and on schedule.
Day-to-day tasks
In this role you could:
- Maintain accurate investor records and update changes to investor details.
- Process investor transactions, including money paid into or withdrawn from a fund.
- Help arrange requests for investors to pay committed money into a fund, known as capital calls.
- Arrange payments of money from the fund to investors, known as distributions.
- Prepare payment instructions to settle fund expenses.
- Communicate with clients, investors and professional advisers to answer queries and obtain information.
- Help prepare meeting agendas, board papers and minutes.
- Assist with distributing fund accounts and maintaining supporting documents.
- Help ensure that required regulatory and company filings are submitted on time.
- Follow company procedures and relevant financial regulations.
Skills & knowledge
You'll need:
- Attention to detail and accuracy when handling records and financial information.
- Organisational skills to manage different tasks and meet deadlines.
- Confidence working with numbers and financial transactions.
- Clear written and verbal communication skills.
- The ability to build good working relationships with colleagues, clients and professional advisers.
- Problem-solving skills and a logical approach to investigating queries.
- Confidence using office software and learning financial administration systems.
- The ability to work independently and as part of a team.
- A willingness to develop your understanding of investment funds, their structures and relevant regulations.
Industry Qualifications
For information about qualifications, entry requirements and professional development, visit:
- The Chartered Governance Institute UK & Ireland (CGI)
- Chartered Institute for Securities & Investment (CISI)