Fund Operations Analyst 2

About the Role

The Fund Mandates team is responsible for the fund operations for the Schroder funds in North America. It oversees third-party administrators for fund accounting, financial reporting, custody, transfer agency, and expense payments. The team assists internal teams and service providers with valuation, client reporting, tax reporting, and product development. This role involves fund operational oversight of complex private credit, collective trust, and limited partnership funds, including reviewing financial statements, accounting workpapers, processing expenses, performing fee checks, and budgeting expenses. It also includes oversight of third-party administrators and monitoring deliverables and key performance indicators.

The Fund Mandates team is part of Platform Services within the Global Operating Platform at Schroders, which consists of strategic core operational functions working alongside regional hubs in the UK, New York, Singapore, and India. This role reports directly to the Head of Fund Mandates, Americas, and collaborates closely with the Fund Mandates team and the Global Operating Platform.

Responsibilities

• Monitor third-party administrators and adherence to service level agreements and key performance indicators.
• Review accounting packages and client statements prepared by third-party administrators.
• Review annual audited financial statements under U.S. GAAP and/or IFRS accounting standards.
• Experience with performance fees, allocations, waterfalls, and complex fund structures.
• Review and prepare fund expense and budget accruals.
• Assist with valuation analysis and queries.
• Work on the onboarding of new clients.
• Review SOC-1 and internal control reports for third-party administrators.

Requirements

• Bachelor’s degree in Accounting, Finance, Business, or a similar field.
• 2–5 years of relevant industry experience, ideally in the fund industry.
• Experience in private credit, private equity, or hedge funds.

Preferred Qualifications

• Fund accounting experience with ETFs and daily valued funds.
• Certified Public Accountant (CPA) or similar designation.

Pay

Schroders offers a base salary in the range of $90,000 to $100,000 for this position. The referenced salary range is based on the Company's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education/training, and skill level.

About Schroders

We’re a global investment manager helping institutions, intermediaries, and individuals around the world invest money to meet their goals, fulfill their ambitions, and prepare for the future. With around 6,000 people on six continents, we’ve been around for over 200 years but continue adapting as society and technology change. What doesn’t change is our commitment to helping our clients—and society—prosper.