US PDCA Fund Controller

About Schroders

We’re a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.

We have around 5,000 people on six continents. And we’ve been around for over 200 years, but keep adapting as society and technology changes. What doesn’t change is our commitment to helping our clients and society prosper.

The Base

We are based at 7 Bryant Park in the heart of NYC. And we have everything we need to work flexibly. We operate a hybrid working model, with a requirement that our Middle Office Specialist be in the office 3 days per week. This is to sustain our culture of innovation, collaboration, knowledge sharing, and building relationships within the business.

The Team

This is an opportunity to work interdependently with an engaged team that sits within a global Private Markets Operations function at a global asset management firm. 

Responsibilities

Oversight, control and quality assurance:

• Ensure oversight and control mechanisms in terms of quality and accuracy in the execution of middle office tasks such as:
  • Oversee the services provided by service provider teams (internal and external) incl. support in DD’s and review on SLA’s
  • Investment activity support: Support the acquisition of new private transactions by assisting the investment & operations team in the execution process and with responsibility for eligibility checks. Ensuring oversight on SPV and loan admin, etc.
  • Performance monitoring and oversight: support investment team in ensuring accurate and timely performance data
  • Audit coordination & support: coordinate and support internal & external Audit requirements
  • Support of new products setup or system changes to ensure they are functioning as intended and meeting business requirements.
  • Provide oversight of and involvement in invoice authorization and cash management operations.

Data Management and Reporting:

• Maintain accurate records of activities in internal systems. Ensure relevant data governance & controls across all platforms, bespoke tools and processes.
• Generate and distribute regular and ad-hoc reports on data accuracy and effective control environment.

Risk Management and Compliance:

• Support risk management activities by providing timely updates on potential issues.
• Ensure compliance with all relevant regulatory requirements and work with others to ensure Schroder group policies are adhered to and that existing procedures/practices and processes are refined to reduce operational risk and internal policies.
• Collaborate with the compliance team to implement and monitor adherence to established guidelines.

Operational Efficiency:

• Identify and implement process improvements to enhance efficiency and reduce operational risk.
• Develop and maintain best practices for middle office operations in the context of PDCA (initially focused on Securitized Products & Asset backed Finance).
• Provide training and support across PDCA on operational processes and systems.
• Complete other ad-hoc projects and tasks from time to time.

Stakeholder Communication:

• Act as a central point of contact for all middle office-related inquiries from internal and external stakeholders.
• Build and maintain strong working relationships with investment teams, operations, corporate functions, further internal and external service providers, etc.

Basic Qualifications

• Business school degree or university degree and/or Qualified Accountant
• Minimum of 5-8 years of experience in Middle Office, Audit or an Accounting firm, preferably within private markets.
• Strong understanding of public & private markets products and overall operations.
• Proficiency in middle/back-office systems and financial software (prior experience with systems such as Aladdin, eFront, or similar is advantageous).
• Advanced Excel skills and familiarity with data management tools.
• Excellent analytical and problem-solving abilities.
• Strong attention to detail and organizational skills.
• Ability to work under pressure and manage multiple priorities simultaneously.
• Effective communication and interpersonal skills.
• Able to work autonomously, keeping your superiors abreast of status as necessary

Compensation

Schroders offers a base salary in a range of $130,000 to $155,000 for this position.

The referenced salary range is based on the Company's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education/training and skill level.

ADA

Schroder Investment Management North America Inc. complies with the Americans with Disabilities Act of 1990.

We recognize 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 characteristics.