Job Summary :
As a Fund Accounting Product Manager, you will be a key member of a specialized team working to maintain and enhance our Product offering through developing new products, partnering with Operations, Product Development, Client Service and other partners to deliver a class leading client experience, and working with Sales partners on new business opportunities.
Job Responsibilities
Act as a Fund Accounting subject matter expert supporting Senior Management, Operations, Sales, Client Services and Clients / Prospects
Provide management and guidance on client, industry and internal change programmes, with focus on maintaining efficiency and standardization across the operating model
Work closely with business partners on client satisfaction initiatives and sales opportunities including operating model development , legal agreements and fee models
Keep abreast of regulatory change and how this could impact the business
Identify areas of opportunity to develop and improve the service offering
Participate in Industry events to stay informed of market, client and competitor activity
Required qualifications, capabilities and skills :
In-depth practical understanding of Fund Accounting core processes / concepts that cover various asset classes, trade lifecycle, fund expenses, P&L computations, balance sheet and basic financial reporting standards
5+ years’ experience supporting Fund Accounting product offering
Continuously monitor and track new business opportunities, and assist in pipeline reporting
Create initial pricing proposals for new deals and reprices, and develop standard templates to support commercial pricing proposals
Support the cost to serve process, create the initial cost model, and review actual costs post-implementation
Respond to questions in prospect RFPs, supporting FA and Fund Admin products
Work across business stakeholders, including Operations, Technology, Sales, and Service
Support billing oversight and governance, and respond to billing inquiries
Develop reporting to assess profitability of the Fund Services business, and oversight of operational expenses
Maintain oversight of key vendor relationships
Serve as escalation point for issues and the conduit for Product related requests
Ensure that activities are appropriately reflected in the risk and controls self-assessment and business control forums
Preferred qualifications, capabilities and skills :
Resourceful and execution-driven
Strong cross-functional/business collaboration skills are required as the candidate will work across multiple teams within the bank.
Also important are the ability to: synthesize large amounts of information into crisp recommendations; present and defend recommendations to a variety of audiences; manage multiple projects / queries simultaneously and drive them to completion effectively.