JOB DESCRIPTION

Headquartered in Singapore, ASCENT Group is an Independent Global Fund Administrator that provides a full range of fund administration services for Alternative funds such as Hedge Funds, Private Equity Funds, Venture Capital, Crypto Funds, VCC, Retail Estate Funds, etc., which include reviewing fund constitutional documents from an operational perspective, help setting up the structure, providing tax and accounting services for the funds including financial preparation and calculation of net asset value. We also provide investor services for the funds that include KYC review, onboarding, calculation of return, and distribution of statements. All books and records are maintained on a robust integrated platform. ASCENT Fund Services is one of the fastest-growing companies in the fund admin space with 9 offices in APAC and counting.

The candidate should have strong knowledge of the full trade cycle including other functions performed within the KYC/AML operations, as well as the responsibilities of the Administrator and the Custodian. The candidate is required to have strong knowledge and extensive practical experience of the following core shareholder service processes:

FUNCTIONS

Reporting to the Senior Vice President or equivalent, you will be responsible for:

• Manage a team in processing investor new account openings, subscriptions, redemptions, maintenance activity, investor confirmations, and capital activity reporting to clients.
• Client/Distributor/Investor on-boarding, AML/KYC documentation & administration, and data management
• Adhere to the relevant AML/KYC standards while all regulatory, compliance, risk management and due diligence controls are considered;
• Be the contact person for Clients and Investors for operational issues and support during the investor account opening and ongoing review process;
• Diligently verify investor on-boarding/Ongoing monitoring/trigger events in line with the applicable procedures and in a timely manner;
• Screen and verify investor names against sanctions / blacklists;
• Review and monitor on a daily basis any hits raised on Transaction monitoring system and escalated as necessary to senor members;
• Internal / external KPI reporting, including collating Investor related data for the MLRO Reports;
• Prepare and participate in Client onsite visits;
• Assist internal / external audit as required;
• Review and follow best practice process regarding AML/FATCA/CRS/CTF/KYC.
• Work closely with the Senior Team to achieve all service delivery objectives whether internal or external.
• Understand and execute delegated elements of the client onboarding processes.
• Assist with ensuring all client requests are responded to or delegated to the relevant team in a timely fashion.
• Assist with maintaining on-going review and updating of procedures for the team, maintaining consistency across client base.

REQUIREMENTS

• Have at least 7-10 years working with a financial institution in similar role.
• Strong leadership skills and the ability to mentor and coach team.
• Have an understanding of fund structures and the fund administration business.
• Detailed knowledge of Transfer Agency systems, preferably Paxus
• Strong Risk & control focus
• Good understanding of AML/FATCA/CRS.
• Ability to work in a demanding environment and adapt to changing priorities.
• Think creatively and deliver pragmatic solutions.
• Possess personal qualities of integrity, good communication and discretion.
• A confident manner and the ability to communicate with clients effectively.

To be successful in these roles it is envisaged you are a motivated and self-driven individual eager to contribute and grow with the organization. Critical to your ability to perform these roles will be attention to details and team focus. A genuinely unique opportunity to be part of an expanding large global business. Competitive remuneration commensurate with skills and experience.

ASCENT offer the modern and progressive work environment. You can expect to be challenged and offered a path towards future career growth.

Interested parties please send your full resume with availability and expected salary by clicking on hr@ascentfunds.sg