About Us
Schroders is a global investment manager which provides active asset management, wealth management and investment solutions. We aim to provide excellent investment performance to clients through active management. We serve a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.
Established in 1804, we have around 5,500 people across 36 global locations. Schroders' success can be attributed to its diversified business model, spanning different asset classes, client types and geographies.
Position Overview
The Fund Mandates team is responsible for the fund operations for the Schroder funds in the North America. It has oversight of third-party administrators for fund accounting, financial reporting, custody, transfer agency and expense payments. It assists internal teams and service providers with valuation, client reporting, tax reporting and product development.
This role will have fund operational oversight of complex private credit, collective trust and limited partnership funds. Such oversight includes reviewing financial statements, accounting workpapers, processing expenses, performing checks on fees and budgeting of expenses. It includes oversight of third-party administrators and monitoring of deliverables and key performance indicators.
The Fund Mandates team sits under Platform Services within the Global Operating Platform at Schroders. The Global Operating Platform is made up of strategic core operational functions that work together alongside regional hubs in the UK, New York, Singapore and India.
This role reports directly into the Head of Fund Mandates, Americas and works closely with members of the Fund Mandates team and the Global Operating Platform.
About Schroders
We’re a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.
We’ve been around for over 200 years but keep adapting as society and technology changes. What doesn’t change is our commitment to helping our clients, and society, prosper.
Key Responsibilities
Monitoring third-party administrators and adherence to the service level agreement 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 with onboarding of new clients
Review SOC-1 and internal control reports for third-party administrators
Skills and Experience
Bachelor’s in accounting, Finance, Business or other similar degree
2 - 5 years minimum relevant industry experience ideally in the Fund industry
Experience in private credit, private equity or hedge funds
Preferred Qualifications
Fund accounting experience with ETF’s and daily valued funds
- Certified Public Accountant (CPA) or similar designation
Compensation
Schroders offers a base salary in a 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.
We recognize potential, whoever you are
Our purpose is to deliver excellent investment performance to clients through active management. We believe diverse perspectives and an inclusive culture help us make better decisions and achieve better outcomes for our clients. That's why inclusion is a strategic priority for us, and we are an equal opportunity employer. You are welcome here, regardless of your race, color, national origin, age, disability, sex, sexual orientation, gender identity, religious beliefs, socio-economic background, veteran status, or any other protected characteristic.
About UsSkills Required
- Bachelor's degree in Accounting, Finance, Business, or a similar field
- 2–5 years of relevant industry experience, ideally in the fund industry
- Experience with private credit, private equity, or hedge funds
- Experience with performance fees, allocations, waterfalls, and complex fund structures
- Fund accounting experience with ETFs and daily valued funds
- Certified Public Accountant (CPA) or similar designation
Schroders Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Schroders and has not been reviewed or approved by Schroders.
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Retirement Support — Retirement plans are described as mature and competitive, with strong employer-supported schemes in the UK and a well-regarded 401(k) offering in the U.S. Pensions and retirement savings stand out as a distinctive strength within the total rewards package.
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Leave & Time Off Breadth — Time off and flexibility are emphasized, with generous annual leave in some markets and volunteer days highlighted in the UK. Flexible/hybrid working is presented as standard, supporting practical use of time-off benefits.
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Parental & Family Support — Parental leave is highlighted as a strength, including enhanced policies in the UK and an increased paid leave period in the U.S. Family-supportive provisions are positioned as part of a broader wellbeing focus.
Schroders Insights
What We Do
As a global investment manager, we help institutions, intermediaries and individuals across the planet meet their goals, fulfil their ambitions, and prepare for the future. But as the world changes, so do our clients’ needs. That’s why we have a long history of adapting to suit the times and keeping our focus on what matters most to our clients. Doing this takes experience and expertise. We bring together people and data to spot the trends that will shape the future. This provides a unique perspective which allows us to always invest with conviction. We are responsible for £773.7 billion (€912.6 billion/$978.1 billion)* of assets for our clients who trust us to deliver sustainable returns. We remain determined to build future prosperity for them, and for all of society. Today, we have 6,000+ people across six continents who focus on doing just this. We are a global business that’s managed locally. This allows us to always keep our clients’ needs at the heart of everything we do. For over two centuries and more than seven generations we’ve grown and developed our expertise in tandem with our clients’ needs and interests. Source: Schroders, all data as at 30 June 2024. Disclaimer: Investing in securities is subject to risk. The value of investments can go down as well as up and is not guaranteed. Schroders will not make direct contact with you, via any social media platform or direct messaging service, to sell our products. If you think you have been a victim of a scam or have received unsolicited contact using the Schroders name or any associated names, and have any concerns, then please contact our Financial Crime Team using the details below: Telephone: +44(0)20 7658 4004 Email: [email protected] Schroder Investment Management Limited (Head Office): 1 London Wall Place, London EC2Y 5AU Tel: +44 (0)20 7658 6000 Schroder Fund Advisors LLC, Member FINRA, SIPC (US): 875 Third Avenue, New York, NY, 10022 Tel: +1 (800) 730-2932
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