Who we are
BKN Capital S.A. is an authorised Alternative Investment Fund Manager (AIFM) specialised in building, operating and distributing Alternative Investment Funds. We deliver turnkey fund solutions for alternative investments in a complex regulatory environment. Based in Luxembourg, we are a premium provider of independent fund management services for institutional investors, asset managers, bank and non-bank lenders.
Job Description
As member of our Client Service Management team, you will be providing fund operations services for a number of dedicated fund mandates in the alternative fund sector. Whilst acting as contact for service providers, such as administrators and depositaries, you will be in charge of day-to-day operations and handling requests of Alternative Investment Funds, and following up with all parties involved to ensure customer satisfaction and support the development of the overall client relationship.
Fund Operations oversees the administrative part of a fund mandate from set-up to liquidation, usually including the following main activities:
Operational on-boarding of new investment fund structures
- Setup of operational framework
- Preparation of regulatory filings
- Establishment and review of SLAs with the relevant delegates
- Reviewing the offering documentation, such as PPMs and LPAs
Overseeing and supporting operational processes, governed by fund documents and internal policies
- Taking care of day-to-day requests from clients, investors, and third parties in coordination with respective client service manager
- TA oversight and supporting with fund closings
- Coordinating of capital calls, subscriptions, redemptions, and/or distributions
- Monitoring of periodic cash-flow and expenses as well as continuous reconciliation
- Accounting oversight for the NAV calculation process at the level of the delegated administrator by providing guidance and feedback as required
- Coordinating/supporting the annual audit process by providing data and reviewing the financial statements in cooperation with the delegated administrator
- Reviewing KPIs of delegated administrators as well as the depositary
- High level review of tax returns and related filings
- Managing key documentation storage
- Preparing of invoices fund related expenses
- Providing corporate secretarial support service or assisting external corporate secretary service providers in relation to preparation of fund board meetings, drafting or reviewing minutes and circular resolutions, updating the RCS/ RBE, applying for ISIN, LEI or other foreign tax registrations, as needed.
Supervising and coaching of (junior) fund operation officers particularly in the areas of Admin and TA oversight as well as CoSec service and oversight.
Your Profile
- Have 5 to 7 years of relevant experience in the financial sector, preferably in the alternative investment fund industry
- Ideally first experience in fund administration or depositary, with the ability to monitor and reconcile relevant reporting data and understand financial statements
- Good understanding of the Luxembourg Alternative Investment Fund landscape and the applicable regulations and legal structures
- Good conceptual understanding of Partnership Accounting/Allocations
- Good organisational and communication skills, with an ability to work independently
- Good command of Microsoft Office products
- Good command of English; knowledge of German is an advantage, but not mandatory
- Analytical mind with strong sense of providing high quality output and attention to details
Job Types: Full-time, Permanent
Experience:
- financial/ fund administration: 5 years (Required)
Language:
- English (Required)
