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Investment Fund Supervisor

2 months ago


London, Greater London, United Kingdom Tempest Vane Partners Full time

About Tempest Vane Partners

Tempest Vane Partners is a prominent financial technology firm providing advanced technological solutions and investment management infrastructure to top-tier hedge funds and asset management companies.

What We Offer

  • Join a dynamic FinTech organization with a vision to be the premier trading technology provider for asset managers and financial institutions, spanning both traditional and digital asset markets.
  • Engage in a collaborative environment with strong interdepartmental communication, where you are empowered to work independently while receiving guidance and support from leadership.
  • Work alongside industry leaders, benefiting from exceptional mentorship and opportunities to enhance your professional skills.
  • Receive competitive compensation, including an annual discretionary bonus, with ongoing potential for financial growth.
  • Enjoy a flexible work model that includes both in-office and remote work options.
  • Access a comprehensive benefits package that includes pension plans, healthcare, life insurance, 26 days of vacation, and an additional 10 days of remote work from any location worldwide, among other perks.

Your Role

The Investment Fund Control team is tasked with validating and reporting daily profit and loss figures to Portfolio Managers, ensuring accurate valuation of Fund portfolios, and reviewing and approving the Net Asset Values (NAVs) prepared by fund administrators. The team also plays a key role in the preparation and review of annual financial statements, regulatory compliance, investor communications, and fund governance.

Ongoing projects are prevalent both within the team and across the organization. Daily operations and project initiatives require close collaboration with portfolio managers, risk management, treasury, operations, quantitative analysts, IT, and compliance teams. The team is responsible for a wide array of tradeable financial instruments, including securities, listed derivatives, and both cleared and non-cleared over-the-counter derivatives across various asset classes such as rates, foreign exchange, equities, credit, and commodities.

Key Responsibilities:

  • Validate daily profit and loss statements for portfolio managers and funds.
  • Ensure consistency between internal profit and loss and NAV records with those of the administrator.
  • Review and validate NAVs, including independent price verification processes.
  • Prepare and review annual financial statements for client fund vehicles.
  • Assist in fulfilling clients' regulatory reporting requirements.
  • Collaborate closely with fund administrators, clients, and internal teams to identify and resolve issues promptly.
  • Lead and contribute to process improvement initiatives and other project-related work.

Qualifications:

  • Experience in Product Control and/or Fund Accounting within a hedge fund or asset management setting.
  • Strong understanding of NAV control environments and valuation challenges.
  • Familiarity with price verification methodologies.
  • In-depth product knowledge in fixed income, particularly interest rate derivatives.
  • Proficient in Excel and its applications in financial analysis.