Fund Administrator

Fund Administrators are in charge of the financial paperwork in the office. They ensure the delivery of updated fund information to the clients according to a set of regulations.

Fund Administrator Job Description

Maintain shareholder registers and investor files.

Generate accounting statements like portfolio valuations and income accruals.

Handle enquiries of the fund accounting for the clients.

Keep records of fund subscriptions and redemption.

Reconcile corporate actions such as income, interest, dividends, rights, and bonuses for the accounting reports.

Note

Fund Administrators are like your class treasurers! They record how much money there is in the class fund, who has put in money and who has taken some out, and report this sum to the class when needed.

What you should know about Fund Administrator jobs in Singapore

Nature of Work

As Fund Administrators, you’ll work for Financial institutions like Investment Banks, Stockbrokers, Insurers, and Fund Management firms.

Key Advice

Knowledge in a specialised area such as Governance, Risk and Control, and Stakeholder Relationship Management is a bonus.

Entry Requirements

Entry Requirements
A bachelor's degree or diploma in Banking and Financial Investment or related fields is expected.
Possible Pathway

Possible Pathway

Skills you need to pursue a Fund Administrator career in Singapore

Hard Skills

Numerical Skills

Proficiency in handling financial figures accurately in managing fund accounts and financial reporting.

Advisory Skills

Expertise in providing sound investment advice and strategies based on in-depth financial analysis.

Data Analytics

Ability to analyse market trends and financial data, using insights to optimise fund performance.

Soft Skills

Organisational Skills

Strong capability in managing multiple tasks, ensuring efficient operation.

Attention to Detail

Meticulousness in scrutinising financial documents and reports.

Innovative Problem-Solving

Adapting creatively to solve financial challenges and meet market and investor dynamics.

Frequently asked questions (FAQs)

What is a fund?

A fund is a collection of money gathered from a number of different investors. It is used to collectively purchase various valued financial assets, which can be traded later. This provides each investor with a broader selection of investment opportunities, as compared to what they can access individually.
What is the difference between Fund Managers and Fund Administrators?

Fund Managers decide how to invest money, while Fund Administrators are in charge of the "behind-the-scenes" financial processing paperwork.
How do Fund Administrators handle sensitive and confidential client information?

Fund Administrators have data security and confidentiality as a fundamental part of their operations, employing a combination of technical measures, security policies, employee training and regulatory compliance to protect sensitive client information.
What is the importance of accuracy and attention to detail in Fund Administration?

Accuracy and attention to detail are important to ensure compliance, inspire investor confidence and support decision-making.
How do Fund Administrators ensure the accuracy and integrity of fund data and reporting?

Fund Administrators take several measures to ensure the accuracy and integrity of fund data and reporting. These measures include robust data management systems, data validation and reconciliation.