Mutual Fund Job Description
Mutual Fund Duties & Responsibilities
To write an effective mutual fund job description, begin by listing detailed duties, responsibilities and expectations. We have included mutual fund job description templates that you can modify and use.
Sample responsibilities for this position include:
Mutual Fund Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Mutual Fund
List any licenses or certifications required by the position: CPA, EA, CFA, SOX, JD, CIMA, MBA
Education for Mutual Fund
Typically a job would require a certain level of education.
Employers hiring for the mutual fund job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Finance, Accounting, Business, Economics, Education, Financial Services, Business/Administration, Management, MBA, Marketing
Skills for Mutual Fund
Desired skills for mutual fund include:
Desired experience for mutual fund includes:
Mutual Fund Examples
Mutual Fund Job Description
- Authorize and process entries to Trust System pertaining to Mutual fund activities (daily trading, distributions)
- Serve as a key contributor in coordinating audits with external auditors and resolving financial reporting and accounting issues
- You will be processing all Mutual Fund Transactions
- Perform regulatory supervision of mutual fund trade corrections
- Perform invoicing of 12B-1, Shareholder Accounting, and Networking fee payments
- Report weekly activities, accomplishments, and opportunities through the use of an enterprise Contact Relationship Management (CRM) system
- Work closely with National Accounts and Client Engagement teams to communicate client voice from the field and articulate tools needed to advance relationships
- Coordinate and manage all conference activity and speaking engagements within the region, working closely with the Client Engagement team
- Manage and develop a team of Supervisors/Sr
- Developing and executing a comprehensive marketing strategy to grow and retain assets in the PACE Select Program
- Canadian Securities Course or IFIC Canadian Investment Funds Course (CIFC)
- RESP processing experience
- Able to review, understand and offer recommendations on legal documents
- Ability to explain complex legal scenarios to executors while displaying sensitivity and sympathy
- Ability to work effectively as a member of a team individually
- Ability to multi-task in a fast paced environment and handle multiple issues or projects at once ability to set priorities among competing demands
Mutual Fund Job Description
- Maintains a current knowledge of John Hancock Mutual Fund policies and procedures
- Perform monthly reconciliation of the accrued expenses, payables and calculate expense ratios for an assigned group of mutual funds
- Review prospectus fee and expenses tables and expense examples SAI expense tables prepared by the analysts and ensure that deadlines are met
- Booking of Money Market Trades
- Sending payments for subscriptions
- Instructing transfers for internal funds
- Booking trades into clients accounts
- Verifying that all proper paperwork is received and complete
- Using your keen attention to detail, you will also ensure that all compliance and procedures are accurate
- You will also be responsible for documenting and updating procedure manuals where required
- Ability to do complex mathematical calculations
- Knowledge of ROE and Longview trading systems including Morcom, Etickets and manual trade tickets a plus
- Tack record of successfully managing time-sensitive matters working proactively with both internal and external partners
- Securities license (Series 7, 6, or 63) strongly preferred
- Ability to multi-task in that environment and hanfdle multiple items or projects at once, the ability to set priorities among competing demands
- Candidate should possess knowledge of banking operations, preferably Mutual Funds and/or Money Market fund operations
Mutual Fund Job Description
- Actively follow-up on pending issues with respective custodians
- Review and maintain monthly and quarterly tax compliance, IRC diversification, income tests
- Verify that all proper paperwork is received and complete
- Support 529 account processes and controls
- Serve as a department floater to provide coverage for most functions within the department as needed
- Responsible for solving complex routine and non-routine problems
- Collaborate and communicate (written and verbal) with branch offices, third parties, vendors, and internal departments through phone, email and internal messaging systems to solve escalated and complex issues
- Process accrual and periodic dividends for assigned fund families
- Schedule and execute SuRPAS system events for nightly processing and posting of client transactions
- Complete corporate actions pertaining to fund families, mergers, name change, liquidations
- Problem solving attitude with an eye for detail
- Bachelor's degree with a minimum of 5 years of related experience in the financial services industry
- 7 years investment related experience with specific subject matter expertise in mutual funds
- Othe mechanics of a Transfer Agent
- Ostrong understanding of the 40 Act, and its implications on business processes
- Oan up to date working knowledge of key initiatives such as Money Market Reform and FATCA
Mutual Fund Job Description
- You will be providing back office administration including processing Mutual Fund transactions
- Completes all adjustments (e.g., trades, adjustment, accounting entries, transfers in kind, allocation of dividends, ) needed to keep the fund in balance with the recordkeeping system
- Works with appropriate areas of the firm and outside partnerships
- Provide strategic direction and aid in the professional development of the associates on the Portfolio Guidance Team
- Work in partnership with internal stakeholders and committees in making better informed decisions consistent with the firm's long-term strategy
- Deliver effective written and verbal communication to financial advisors, internal departments, firm leaders, and investment management firm contacts
- Work with both internal and external business partners to research and resolve issues, troubleshoot and provide seamless service
- Seamlessly deliver products and services through various proprietary and non- proprietary distribution channels to profitably grow market share
- Optimize current opportunities while identifying and acting on emerging medium and long term trends and opportunities
- Develop a solid understanding of markets, competitors, product trends, advisor and client insights, that can be utilized to effectively support our existing products and to respond to emerging needs
- Series 7, 66 and 24 required to apply
- Series 9 & 10 or 53 required within six months of start date
- An advanced level of proficiency with Jones systems is preferred
- Must demonstrate comfort and ability to work in a fast paced, high risk environment
- Must have strong time management and organizational skills with the ability to multi-task and handle a heavy workload in order to be able to fulfill all the roles within the department
- Must have excellent word-processing and spreadsheet skills
Mutual Fund Job Description
- Accountable for ongoing Product Delivery including features enhancements, pricing and positioning
- Working with the Client Portfolio Management group, support consistent and reliable messaging and positioning on our products, relevant to each of our unique distribution channels
- Lead a high-quality team of well respected professionals (including recruiting and developing) and foster an environment of ongoing employee development and feedback
- Ensure team operates in compliance with applicable internal (e.g., mandatory training/ attestation, code of conduct) and external requirements (e.g., MFDA)
- Passion for building lifelong relationships with each and every client
- Desire to work with autonomy in an entrepreneurial culture that has the support you can trust in
- Works in a team based environment with shared goals
- Promptly answers customer inquiries in a manner that exhibits quality service
- Brings a service orientation that supports the field sales force in meeting their obligations to their clients
- Involved in various departmental projects
- Financial services experience with specific expertise of Investment vehicles and mutual fund products (e.g., asset allocation portfolios, equity products, fixed income strategies
- Bachelor’s degree with at least 15 years of mutual fund tax experience
- Undergraduate degree in accounting and CPA certification is required
- Requires the ability to make recommendations to resolve and improve system issues
- Must be able to work independently while researching the problem thoroughly and resolving in a timely manner with knowledge of industry and/or regulatory rules and deadlines
- Must be able to understand the upstream/downstream impacts to other departments and divisions within the firm