Janus Henderson Investors Fund Valuations Analyst in London, United Kingdom
Janus Henderson Global Investors is a leading independent global asset manager, dedicated to delivering the best outcomes for clients through a broad range of actively managed funds.
We provide our institutional, retail and high net-worth individuals with access to skilled investment professionals representing a broad range of asset classes including, equities, fixed income, multi asset and alternatives.
We are a team of independent thinkers who work tirelessly to help our clients achieve their goals – and we do it by fostering an energetic and collaborative culture that ensures our people love the place they work.
Headquartered in London, Janus Henderson is a truly global asset manager with a diverse geographic footprint, managing assets from 27 offices globally and employing more than 2,000 staff.
Title: Fund Valuations Analyst
The operations team oversees back and middle office service delivery to the Investment Managers and other internal clients. The operations team support Janus Henderson’s business and facilitates growth by delivering a high-quality and cost effective service.
Overview of the Role
The main purpose of the role is to support JHI business and to facilitate further growth by ensuring that the Third Party Administrators (TPAs) provide a high-quality fund accounting service specifically focusing on the NAV and price production functions.
Whilst fund accounting has been outsourced, the Fund Valuations team retains responsibility for these services along with the accuracy and timeliness of the fund NAV and price information to internal and external clients.
The fund range comprises of hedge, retail and Investment Trust products which are domiciled globally, including but not limited to UK, Luxembourg and Cayman.
Duties and Responsibilities
Support the business by overseeing and controlling the fund services and data delivered by TPAs and suppliers, principally overseeing the following for timeliness and accuracy
NAV / price production
Price publication / distribution
Fund Accounting data for publication
Other fund return validation
Maintain the elements of the TPA due diligence matrix relating to the Fund Accounting, NAV and price production process
Develop and maintain strong working relationships with the TPAs and Vendors to ensure delivery to the SLA
Develop and maintain internal relationships with Distribution, Client Services and Product so that Fund Valuations is first point of contact for all enquiries
Validate exceptions highlighted by the NAV oversight model and drive internal and external changes to improve the processes and the resulting service for the funds
Investigate and resolve issues identified in the oversight model ensuring appropriate preventative controls are implemented
Oversee Periodic Fund Accounting data delivery (for example month end data, Total Expense Ratios, Month end NAVs, Turnover and Yields)
Develop fund expense budgets and monitor expenses for accuracy in the NAV and publication purposes.
Review of fund balance sheet and profit and loss accounts for oversight and product change purposes
Review the processes, procedures and controls around the operational management of the Funds and assist in developing a best practice operational model
Ensure the shareclass hedging operating on the hedged classes is effective
Oversee the performance fee calculations administered by the TPAs
Ensure single and dual pricing policies are administered in line with fund documents and TCF principles
Ensure Fair Value Pricing is administered in line with fund documents and TCF principles
Administer the NAV error remediation process
Produce periodic Management Information on behalf of the team
Assist Transitions with RFPs/ DDQs and in implementing Fund launches /changes ensuring error free service from TPAs
Work on allocated projects to ensure administrative (not oversight) tasks are outsourced or automated
Assumes additional duties as assigned
Technical Skills and Qualifications
Educated to degree level or equivalent
Accounting qualification preferable
Strong background and experience in operations, fund accounting and fund administration
Good knowledge of ETD and OTC derivative instruments as well as other asset classes e.g. Equities, Fixed Interest, and FX
Strong background in controls and problem solving
Relevant industry qualifications e.g. IMC, IAQ
Strong interpersonal /relationship skills e.g. communication skills, both verbal and written, and ability to listen and liaise with members of the Distributions and Product teams, along with fund managers and other team members
Numerate, with analytical skills and attention to detail and thoroughness
Good organisational skills
Committed team player
Ongoing competence in the role to be assessed by:
Annual Performance Appraisal
Completion of all assigned Compliance trainingCompliance RequirementsAt a minimum the role requires the individual to:
Place the interest of Janus Henderson’s Clients first and always act in accordance with TCF (Treating Customers Fairly) principles
Understand and comply with any federal, state, and foreign laws and regulations applicable for the role, and seeking the guidance of Compliance if this is unclear at any time
Understand and comply with all relevant Janus Henderson policies applicable for the role, and seeking the guidance of the relevant policy owner if this is unclear at any time.The individual in the role is ultimately accountable for his/her own actions and is responsible for seeking further information on any or all of the above as necessary.
Janus Henderson Investors (including its subsidiaries) will not maintain existing or sponsor new industry registrations or licenses where not supported by an employee’s job functions (as determined by Janus Henderson Investors at its sole discretion).
All applicants must be willing to comply with the provisions of Janus Henderson Investors' Investment Advisory Code of Ethics related to personal securities activities and other disclosure and certification requirements, including past political contributions and political activities. Applicants’ past political contributions or activity may impact applicants’ eligibility for this position. Janus Henderson Investors is an equal opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status. All applications are subject to background checks.