Director of Fund Operations

August 16

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Wealthsimple

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Powerful financial tools to help you grow and manage your money.

wealth manager • financial advisor • investment manager • portfolio manager • investment adivsor

501 - 1000

💰 Private Equity Round on 2021-05

Description

• Be a leader of the Fund Operations team responsible for managing the funds created by Wealthsimple Investments Inc as an Investment Fund Manager. • Work directly with the Asset Management, Compliance, Product, Trading, Tax and R&D teams to ensure the Fund Operations processes are efficient and according to industry guidelines. • Lead the team handling the daily operational processes that ensures accuracy of clients and Funds records. • Create Funds from an operational perspective and set up the fund Administration, custody arrangements, transfer agent agreements, sub-advisors documentation and onboarding Funds to Fundserv. • Consult with Legal partners on the review and negotiation of contracts with Fund Administrators and Custodians. • Tasked with advising and finding the most efficient and sustainable way to set up Private Funds and Fund of Funds • Tasked with operationally wrapping a Fund, working with Sub-Advisors and facilitating direct investments. • Work with legal and the Asset Manager on the Offering Memorandums and Green Sheets. • Use data to identify inefficiencies and propose solutions.

Requirements

• Have at least 10 years experience working at a fund management or fund administration company. • Have expertise in working with the middle office and tax teams to build out policies and procedures of the Fund • Be a subject matter expert in fund creation and fund Administration, and experienced in working with custodians, transfer agents, and sub-advisors. • Be a subject matter expert on Fundserv from a fund manufacturing and dealer perspective. • Have expertise in setting up Private Funds and Fund of Funds and are familiar with various liquidity measures • Have experience with the production of an Offering Memorandum and Green Sheet • Have experience in operationally wrapping a Fund, and working with Sub-Advisors • Have led a team • Are passionate about technology, specifically fintech and the alternative investment space. • Are organized with a strong attention to detail and comfortable working with a large set of data under tight deadlines. • Have awesome people skills and a positive attitude. You will be working in a highly collaborative environment. • Possess strong Excel skills and familiarity with Google suite. • Are naturally curious: if something seems off, you want to figure out what’s going on. • You are a challenger. You don’t take things at face value and questions status-quo assumptions like “well, we’ve always done it this way” or “someone is doing it this way, so…” because you're constantly looking to optimize and level up both the business and those around you • You have a growth mindset and default to “Challenge or problem? Good. Let me find an opportunity to solve it” • Have completed or are pursuing industry courses (CAIA, CSC, CFA, CIM etc) • Have experience or familiarity with SQL a plus