Fund Services Specialist
4 days ago
Description
ROLE SUMMARY
This candidate will take the lead in performing Sanctuary’s responsibilities as the Managing Broker Dealer for administration, operations, and servicing of a Kennedy Lewis BDC. The candidate will review subscription documents, and upon their successful completion, they will calculate and approve commission payments along with Sanctuary’s split and send to Finance for reconciliation. It involves working closely with the fund manager, wealth management firms, and other stakeholders to ensure the smooth execution of Managing Broker Dealer duties. Upon successful performance, candidate may have an opportunity for an employee role at Kennedy Lewis.
THIS IS A MONTH - MONTH CONTRACT ROLE.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Manage day-to-day operations of assigned investment funds, including accounting, reconciliation, and reporting.
- Preparing and communicating statements for external commission payments.
- Analyzing, auditing, and reconciling incoming commission statements and any receivables related to commissions.
- Allocation of commissions and related fees to Registered Representatives and Sanctuary Wealth.
- Researching and resolving any issues.
- Managing disputes and inquiries as related to all compensation through to resolution.
- Other duties as assigned.
KNOWLEDGE SKILLS AND ABILITIES
- Advanced Excel Skills
- Experience with Microsoft Office Suite
- Detail-oriented with excellent analytical and problem-solving skills
- Ability to manage multiple tasks and adhere to strict deadlines
- Interest in taking ownership of a new service line
- Ability to work independently with minimal supervision
- Comfort with ambiguity and in building out new processes
EDUCATION/EXPERIENCE
- Bachelors in business, finance, accounting or a related field
- 3-5 years’ experience working in financial services
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