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Fund Operations Specialist

Fund Operations Specialist Job Description

A Fund Operations Specialist performs essential operational tasks to support investment funds, ensuring accurate and efficient daily processes. This role involves processing various transactions, assisting with reconciliations, and maintaining detailed records for fund activities. The Specialist contributes to the smooth functioning of fund operations by ensuring data accuracy and adherence to established procedures. This position demands strong attention to detail, organizational skills, and a foundational understanding of financial instruments. Typically, 0-2 years of experience in financial services operations, accounting, or a related field is required. A Bachelor's Degree or Diploma in Finance, Accounting, or Business is essential. Basic knowledge of Canadian financial markets and investment operations is beneficial.

Typical fund operations specialist duties:

Process daily fund transactions, including subscriptions, redemptions, and transfers.Assist with daily and monthly reconciliation of cash and securities positions.Accurately record and maintain fund data in operational systems.Support the calculation of daily net asset values (NAV).Prepare routine operational reports and statements.Respond to basic inquiries from internal teams regarding fund transactions.Ensure all operational activities comply with internal policies.Assist with month-end close processes for fund operations.

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Salary for Fund Operations Specialist
52750 - 80500
Low
52750
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
64750
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
80500
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Chief Risk Officer – Financial Services 203500 243500 272250 Regulatory Reporting Manager 104250 122500 135500 Operational Risk Analysis Manager 97250 115750 132500 Operational Risk Analyst 80000 91250 105500 Market Risk Analysis Manager 89750 103750 119750 Market Risk Analyst 74000 85250 98000 Credit Risk Analysis Manager 94500 104750 118000 Credit Risk Analyst 73500 88250 100000 Hedge Fund Accountant 67250 80250 88750 Senior Fund Operations Specialist 69000 83750 95250 Anti-Money Laundering (AML) Specialist 65000 80250 91500 Fraud Investigator 56750 71250 81000 Mutual Fund Accountant 57250 63250 72000

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.