Fund Accounting Oversight Specialist

WTW’s Investments line of business provides investment advisory and delegated services to Pension funds, Sovereign Wealth Funds, Endowments, Foundations and Charities and Wealth Managers across the globe. It has its history steeped in actuarial and pension fund advisory and has grown over the past two decades into one of the most respected financial solutions firms to institutional investors

Our investment business exists to deliver better outcomes for savers. We believe that to achieve this over the long term we must deliver sustainable results for our clients and other stakeholders. 

Combining innovative thinking with capable execution, we work with industry participants and our clients to invest today for a more sustainable tomorrow. Our work covers all aspects of the investment function and focuses on better equipping our clients to make good, well researched, well thought through investment decisions. We help clients manage investment complexity; work with them to better align strategy and portfolio construction to balance risk and return, with efficient and fit-for purpose implementation.

The Role

This is an opportunity for an individual with investment fund accounting experience to join the Third Party Oversight team which is part of Global Investment Operations. The successful candidate should have previous experience of collective investment vehicle (funds) net asset value (NAV) production / oversight and will join a team whose primary responsibility is oversight of the key service provider relationships of both WTW’s internal funds business and delegated client base. 

The role will involve reviewing of the NAV produced by the administrator of the funds and ensuring the key movements can be validated within the agreed tolerances. It will also support the business as a technical subject matter expert for fund accounting and operations and be involved in supporting projects to help meet the goals of the business and our clients.

More specifically, the role would entail the following:

• Reviewing the NAV’s of the funds and undertaking the associated tasks
• Support the oversight of our service providers by working with the team to resolve issues and help improve the service. Making sure issues are recorded accurately and escalating where appropriate to both internal and external stakeholders through to resolution
• Assist or lead projects on behalf of the team
• Ensure deliverables are managed to deadlines and in accordance with service level agreements (SLA)
• Calculation of fair value prices within approved guidelines and instructing these to the relevant internal and external parties 
• Management of internal and external stakeholders ensuring all parties are briefed on any issues and proposed resolutions 
• Attending and participating in monthly service calls with providers, this would include reviewing the key performance indicators (KPI’s) in advance and raising any discrepancies
• Reviewing distributions to ensure our calculations are in line with the fund administrators
• Reviewing sub-investment manager fees to ensure they have been calculated in line with the relevant agreements 
• Taking part in due diligence meetings with the service providers.

The Requirements

• Experience of working within a NAV production / oversight team 
• Team-player, with the ability to fit seamlessly into the wider team and work together to ensure the delivery of work of exceptional quality.
• A self-starter with experience or desire of working on projects within investment operations
• Ability to communicate with internal and external senior stakeholders.
• Have completed or studying towards the CISI IOC qualification. Or be willing to undertake this qualification.
• Excellent attention to detail and determination to see tasks through to completion within agreed timelines
• Strong Microsoft Office skills (especially Excel)
• Knowledge of different asset types and fund structures
• Willingness to learn and develop an in-depth knowledge of fund accounting 

Beneficial but not essential

• Previous experience of working with teams in different global locations
• Experience / understanding of currency hedging
• Prior experience of reviewing fund budgets
• Understanding of different regulations that impact UK, Ireland and European funds
• Experience leading on fund related projects

At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.