Fund Administration & Oversight Manager

Alcentra is owned by Franklin Templeton, a dynamic firm that spans asset management, wealth management, and fintech, giving us many ways to help investors make progress toward their goals. With clients in over 150 countries and offices on six continents, you’ll get exposed to different cultures, people, and business development happening around the world.

Alcentra operates independently as a Specialist Investment Manager and is headquartered in London, with offices in New York, Boston, Tokyo and Hong Kong. We are a leading, global asset management firm specializing in the sub-investment grade debt markets, experts in credit management, private credit, and structured credit strategies. Our investors include pension funds, insurance companies, government agencies, banks, wealth managers and high net worth individuals.

Visit www.alcentra.com to learn more who we are.

What is the Fund Administration & Oversight Manager responsible for?

• Alcentra, acquired by Benefit Street Partners ("BSP") in 2022, is a wholly owned subsidiary of Franklin Resources, Inc. that, together with its various subsidiaries, operates as Franklin Templeton. The BSP/Alcentra combined organization is a leading credit-focused alternative asset management firm with approximately $77 billion in assets under management. Established in 2008, the BSP platform manages funds for institutions, high-net-worth and retail investors across various strategies including: private/opportunistic debt, liquid loans, high yield, special situations, long-short liquid credit and commercial real estate debt. Established in 2002, the Alcentra platform manages funds for institutions, high-net-worth and retail investors with a focus on the sub-investment grade debt capital markets in Europe and the U.S. Their objective is to deliver strong, risk-adjusted returns that are less correlated, through a complementary suite of traditional and alternative credit strategies. In pursuing this objective, their investment strategy and approach to credit selection are based on intensive fundamental research and credit analysis, combined with active portfolio management to minimize credit losses.
• Alcentra is seeking to hire a Fund Admin & Oversight Manager, to become an integral member of the Fund Finance team based out of Hyderabad, working closely with colleagues based in London. The role encompasses Fund Accounting, Investor Reporting, and Data Management oversight. The candidate must be well versed in accounting principles and have experience in Performance Return calculations. Experience of open ended and/or closed ended funds is essential whilst knowledge of the alternative credit market and Structured Credit assets is advantageous.
  
  

What are the ongoing responsibilities of Fund Administration & Oversight Manager?

• Fund Accounting – overseeing production and review of Fund Net Asset Values together with Fund financial statements and capital account statements prepared by Alcentra’s third-party administrators. This includes the preparation and review of ‘shadow NAVs’ and reconciliation of data to administrator records.
• Performance Returns – Calculation and analysis of portfolio, share-class, fund and investor-level performance (including TWR, IRR, MOICs etc.), together with determination of performance attribution.
• Reporting – Preparation and review of regulatory and investor reporting.
• Fees and Expenses – Calculating and reviewing management fee and performance/incentive fees across open-ended and closed-ended funds. Monitoring fund level expenses and calculating fund TERs.
• Asset and Fund-level Data – applying asset-class knowledge and expertise to ensure a high degree of accuracy of data in the Front Office Systems and Data Warehouse
• Audit – working with third party Fund Administrators to oversee the financial statement audit process, and ensure successful completion of Fund Audits
• Liquidity Management and Capital flows - effectively utilize bridge facilities, oversee production and review of investor capital call and distribution notices, and ensure accurate processing of investor subscriptions and redemptions. Ensure accurate reporting of new investor closes, including calculation of equalization cash flows.
• FX – monitoring FX exposures, hedging efficiency, and accurate reporting
• Building strong relationships – working closely with Portfolio Managers and Investor Relations, Marketing, and Performance Analytics teams in order to provide accurate, timely and impactful data and analysis in response to regular and ad-hoc requests.
  
  

What ideal qualifications, skills & experience would help someone to be successful?

• Educated to degree level or equivalent.
• Hold a professional qualification such as CFA/ ACCA/ACA/CIMA
• 5 to 8 years of experience within financial services, ideally (but not essential) with a Structured Credit, or wider Alternative Credit focus.
• Strong mathematical skills as well as proficiency in Excel is essential.
• Possess strong interpersonal, verbal and written communication skills, and have the ability to clearly articulate complex concepts, ideas and processes.
• The candidate must be a strong team player but also work with a fair degree of autonomy and take responsibility & ownership of their work. Able to build strong relationships at all levels within the firm.
• Strong communication skills both written and oral.
• Attention to detail and obsession for finding correct answers.
  
  

Work Shift Timings - 2:00 PM - 11:00 PM IST

Experience our welcoming culture and reach your professional and personal potential!

Our culture is shaped by our diverse global workforce and strongly held core values. Regardless of your interests, lifestyle, or background, there’s a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life.

By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life’s adventures, taking care of your family members, or making a positive impact in your community, we aim to have them covered.

Learn more about the wide range of benefits we offer at Franklin Templeton

• Most benefits vary by location. Ask your recruiter about benefits in your country.
  
  

Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and existing employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.

Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation to search for or apply for one of our positions, please send an email to [email protected]. In your email, please include the accommodation you are requesting, the job title, and the job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response.