-
Job Description
Junior Associate role involves supporting the Middle Office team in large-scale projects, trade execution, and investment servicing.
Waystone leads the way in specialist services for the asset management industry. With over 20 years' experience, Waystone builds, supports and protects investment structures and strategies worldwide. Waystone serves assets under management in excess of $2 Tn and provides its clients with the guidance and tools to allow them to focus on managing their investment goals with confidence.
**Key Responsibilities:**
- Adhere to and follow the middle office checklist daily.
- Assist the Manager with the design and implementation of internal and operating controls.
- Evaluate risk levels and escalate as appropriate.
- Assist the team in ensuring all securities are settled on time and failed trades are investigated.
- Process all payments across multiple platforms and service providers.
- Ensure all corporate actions are processed and accounted for.
- Actively participate in fund governance meetings and attend technical training.
- Develop and maintain detailed knowledge of Waystone operations and the regulatory implications thereof.
- Assist the Associate Director in the development, implementation and monitoring of policies and procedural manuals.
- Ensure all regulatory and compliance requirements are met for an assigned portfolio of clients.
- Communicate with clients to ensure satisfaction with the service provided and to resolve any potential issues.
- Liaise with fund service providers and fund legal counsels.
**Requirements:**
- A degree in Business, finance and/or related area.
- Ideally, candidates will have some prior hedge fund documentation and client service exposure or have a paralegal or corporate administrator background.
- A strong interest in the Financial Services Sector.
- Outstanding time management, organizational skills, oral/written communication skills, critical thinking and attention to detail.
- Ability to work in a fast-paced environment and provide support to various members of the team.
- Strong MS Office and Analytic Skills; mid-level information management software experience required.