Portfolio Operations Specialist

Portfolio Operations Specialist (H/F)

Who we’re looking for

Schroders Capital Management France (SCMF) is looking for a Portfolio Operations Specialist to support the growing Infrastructure Debt business. The person will take responsibility of the administration of several infrastructure debt funds and related transactions.

The role is an opportunity to support and strengthen the current Portfolio Operations team which currently administers and monitors around 28 different funds, vehicles & mandates and over 100 transactions.

The position is ideal for a motivated individual who wants to play a proactive role in a developing business. 

About Schroders Group

Schroders is a leading provider of active asset management, advisory and wealth management services and is widely recognised as a leader in sustainability. Few investment managers can match the combination of capabilities and global reach that Schroders offers. This breadth of services across public and private markets allows for distinctive solutions for the diverse needs of clients, who look to Schroders to provide superior long-term investment outcomes.

About Schroders Capital

Schroders Capital is the private markets business of Schroders with $97bn of AUM. We work as a global network of specialised, entrepreneurial teams. We combine a global perspective with local market expertise to serve institutional and private wealth clients. Our offering spans the private markets universe and provides access to unique capabilities across private debt and credit alternatives, real estate equity, private equity, and infrastructure equity.

The firm has deep expertise in creating bespoke solutions for institutional clients and is committed to providing scalable capabilities across the spectrum of risk, return and sustainability and impact objectives.

Supported by the resources, experience, and institutional framework of one of the world’s leading asset managers, Schroders Capital is dedicated to helping investors achieve their goals and is at the forefront of product innovation to meet the evolving needs of investors.

We see our role as being a driver of positive change drawing on deep skills to select, acquire, and improve the assets we own.

What you’ll do

The Portfolio Operations Specialist will be involved in the control, support and monitoring of Infrastructure Debt funds and support the team with the execution and administration of private debt transactions managed and advised by SCMF.

The main tasks will be:

1.     Control and support with the acquisition of new transactions 

·       Assist the Investment Team in the acquisition of debt transactions & relevant processes such as eligibility checks, withholding tax & the control of purchase recommendations etc.

·         Prepare capital calls or check the capital calls prepared by an external service provider

·         Execute or assist with the settlement of the transaction

2.         Daily management of transactions and asset portfolios

·      Set up and update transaction monitoring tool (eFront) with initial and ongoing transaction information 

·       Resolve differences in calculations and coupon dates with borrower and/or agent and ensure the correct receipt of flows, following up on acquired receivables

·      Daily maintenance of investments in WorldCheck, reacting to alerts and escalations as needed as well as maintain KYI/AML database and relevant reporting

3.         Oversight of investment funds, reporting and control of NAV

·         Day to day oversight of the Fund Administrators including validation of the NAV, Capital Calls and Distributions

·      Updating monitoring tool (eFront) to review/calculate management fees, reconcile invoices, book fund activity and ensure cash flows correctly accounted for

·         Contribute to the production of regular reports and/or verification if they are produced by external service providers

4.         Business Support

·         Provide input to new business initiatives in the design, structuring and set-up of new structures to ensure operating frameworks are set up appropriately and service providers are appropriately selected and appointed.  

·         Input into service provider oversight including attending service review meetings and supporting annual due diligence activities.

·         Build, maintain and develop good working relationships between the team and its internal/external clients and suppliers

·         Complete other ad-hoc projects and tasks from time to time as well as answering internal and external information requests

5.         Contribute to strong controls and governance 

·         Actively contribute to the improvement of existing operational processes

·         Work with relevant parties to ensure Schroder group policies are adhered to and existing procedures and practices are refined to reduce operational risk and updated as required

·         Prepare information for internal Committees, Fund Boards or other government bodies

 The knowledge, experience and qualifications you need 

·         Business school degree or university degree

·        Minimum six years of experience in asset management industry: Middle Office, Back Office, Audit or an Accounting firm

·         Strong level of English and French required

·         Established understanding of debt financial instruments

·         Knowledge of investment funds and companies administration: Fonds Commun de Titrisation (FCT), Fonds Commun de Placement (FCP), Sociétés Anonymes, Société de Libre Partenariat (SLP), Limited Partnership (LP), Luxembourg Investment Vehicles (SA, SCS, SCSp, RAIF) etc…

The knowledge, experience and qualifications that will help

·         Experience (preferably about 2 years) within a middle office team with open-ended funds/semi-liquid vehicles (with underlying private assets).

·         Knowledge of investment fund accounting (local accounting principles as well as IFRS standards, setting up the NAV, valuation of assets, etc...)

·         Experience with transaction monitoring tool such as eFront is also a plus, but not required

What you’ll be like

·         Attention to detail, autonomy and reliability

·         Dynamism and team spirit

·         Demonstrate initiative, ability to manage own workload & good organisational skills

·         Strong communication & interpersonal skills

·         You enjoy working in a reactive, creative and demanding environment

We recognise potential, whoever you are

Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought, facilitated by an inclusive culture, will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.