Fund Operation Specialist

Company:  AMG Wealth
Location: Stamford
Closing Date: 08/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

Entrepreneurial. Collaborative. Community-Focused. Highly Motivated. Intellectually Curious. Agile and Creative Problem Solvers. These traits characterize AMG’s culture – and we are looking to attract talented new team members who share these qualities and seek to build a long-term career among a community united by their collegial partnership orientation, ownership mindset, and disciplined execution in our collective pursuit of excellence.


Our strategy is to form unique and innovative partnerships with independent asset management firms around the world – we exist to help make these great firms even better. And, just as we act as catalysts for our partner firms’ success, we invest in our people, our most valuable asset, generating some of our strongest returns as we work together to help each individual reach their highest potential. As a public company with a lean team, AMG provides cross-functional opportunities to flex your entrepreneurial spirit, expand your skillset, and grow as a professional; every team member is integral to our success. We also care deeply about the communities in which we work and live; our organization is further defined by our commitment to giving back through charitable giving and opportunities to volunteer.

We are a community. Join us.



The Role : AMG is seeking a Senior Associate, Product Services, based out of Stamford, Connecticut, who will assist with accounting and fund oversight, custody, treasury, and financial reporting activities; including NAV review, expense budgeting, reviewing regulatory and shareholder reporting, oversight of various product offerings (i.e. alternative investments funds and open end mutual funds), and monitor various fund programs. Duties also include activities related to creating and maintaining various reports to the Board of Trustees, subadvisors, and management.


Core Responsibilities :

  • Review monthly accounting report package and NAVs for our closed end private equity funds and review daily NAVs for our open end mutual funds.
  • Review regulatory filings including monthly, quarterly, semi-annual and annual shareholder reports and Form N-1A and Form N-2 (prospectus and SAI updates). Assist in the coordination of the Funds’ annual audits.
  • Monitor the Funds’ custodian including coordination of custody accounts openings.
  • Review Fund expense budgets and assist with the expense payment process.
  • Assist with security lending program and Interfund Lending facility.
  • Assist in the resolution of shareholder servicing matters and other transfer agency related inquiries.
  • Prepare quarterly Board materials including materials for the annual 15c meeting.
  • Liaise with the Corporate Accounting and Business Finance teams to ensure the accuracy of the payments and accruals of management and subadvisory fees.
  • Monitor incoming securities litigation receivables and instruct appropriate custody and accounting entries.
  • Support the Product Services team to facilitate new fund launches, mergers, liquidations, proxies, share class changes, and other initiatives.


Qualifications and Attributes :

  • Strong analytical and problem-solving skills.
  • Highly motivated individual, self-starter who is able to excel in a fast-paced environment both independently as well as within a team environment.
  • Pro-active team player with strong work ethic, collaborative attitude, professional demeanor, and confidence to ask questions.
  • Strong written and oral communication, preferred.
  • Ability to exercise discretion and maintain confidentiality.
  • Supports AMG values and treats others with respect and consideration.
  • Detail oriented, organized, ability to plan/prioritize and take initiative.
  • Proficient in Microsoft Office (specifically Excel), required, and able to learn and use other programs and systems.
  • Bachelor’s degree in accounting or finance, required.
  • 1-2 years’ experience, preferred.


Benefits : Robust and competitive benefits package, including comprehensive health and dental plans, 401(k) employer match and profit-sharing, professional development program, employee referral program, annual philanthropic gift-matching, and hybrid work schedule.


About AMG Funds LLC:

AMG’s Wealth platform provides access to certain of AMG’s partner firms, which include leading independent investment management firms. Through our Wealth platform, we provide a broad array of our Affiliates’ differentiated investment strategies to the financial advisor community and their clients to help clients achieve their long-term investing goals.


Disclaimer :

The above statements are intended to describe the general nature and level of work being performed by employees in this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.


AMG is an equal-opportunity employer. AMG believes diversity is an essential part of our commitment to a quality workforce and considers all candidates for employment regardless of their race (inclusive of traits historically associated with race, including but not limited to hair texture and protective hairstyles), color, ethnicity, religion, religious creed, sex, pregnancy or pregnancy-related condition, medical condition, sexual orientation, gender identity or expression, age, national origin (including language), physical or mental disability, genetic information, ancestry, veteran status, military service, application for military service, marital status, or any other category or status protected by applicable law.

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