Director of Fund Administration

Employer
M&T Bank
Location
Baltimore, MD
Posted
Jun 19, 2019
Closes
Jun 21, 2019
Ref
161063548
Hours
Full Time
Overview:Manages and oversees matters related to all operational and administrative task of the Fund Administration team including, but not limited to, financial reporting, regulatory matters, accounting policy, internal control documentation, issue resolution, ad hoc-reporting and business development requests.Primary Responsibilities:Report to management for all projects and initiatives, such as resource requirements, hiring, budgeting, procedure enhancements and technology implementations.With the Collective Investment Fund (SIF) management team, direct the planning and coordination of all business initiatives.Partner with embedded risk managers as well as 1st and 2nd line Risk, Compliance and others to ensure appropriate documentation of required policies and procedures.Identify and implement improvement opportunities.Make recommendations and manage and/or implement new workflow, process or system enhancements to continually enhance operational efficiency.Assist Sales and Product teams with driving new business, including participating in onsite client sales.Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. Identify risk-related issues needing escalation to management.Promote an environment that supports diversity and reflects the M&T Bank brand.Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.Complete other related duties as assigned.Scope of Responsibilities:This position manages a staff of 10 or more employees.Education and Experience Required:Bachelor's degree in Accounting, Finance or similar field and a minimum of 9 years' related work experience in Collective Fund or Mutual Fund Administration, or in lieu of a degree, a combined minimum of 13 years' higher education and/or work experience, including a minimum of 9 years' related work experience in Collective Fund or Mutual Fund AdministrationMinimum of 3 years' managerial experienceExperience participating on sales effortsExperience training junior staff members on complex financial conceptsExperience assisting with internal audits and regulatory examsExperience communicating with senior management and external partiesEducation and Experience Preferred:Master's degree in related fieldMinimum of 12 years' related work experience in Collective Fund or Mutual Fund AdministrationMinimum of 5 years' work leadership, supervisory and/or managerial experienceCPA (Certified Public Accountant) and/or CFA (Chartered Financial Analyst)#LI-LP1

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