The Fund Control team is responsible for verifying and reporting daily profit & Ioss to Portfolio Managers, ensuring the portfolios of the Funds are fairly valued, and reviewing and approving the Funds' NAVs prepared by the fund administrators. The team also assists in the preparation and review of annual financial statements, regulatory reporting, investor reporting and fund governance.
Ad hoc projects are ongoing both within the team and firm-wide. Both day-to-day operations and project work involve close liaison with portfolio managers, risk, treasury, operations, quantitative analysts, IT & compliance. The team has responsibilities across the full range of tradeable financial products (securities, listed derivatives, cleared & non-cleared OTC derivatives across rates, FX, equities, credit & commodities)
• Validate daily P&L of portfolio managers and funds
• Ensure internal PnLNAV records are consistent with the administrator
• Review and validate NAVs, including independent price verification
• Review of annual financial statements of clients' fund vehicles
• Assist in meeting clients' regulatory reporting obligations
• Liaise closely with the fund administrators, clients and internal functions to ensure issues are identified and resolved timeously
• Contribute towards process improvement and other project work