Intern, Fund Services

Business Unit:Global Operations

Reporting To:Director, Global Fund Services

Shift:EMEA (1:30 pm – 10:30 pm IST) (India)About Russell Investments, Mumbai: 

Russell Investments is a leading outsourced financial partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 88-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm has over $1 trillion in assets under advisement (as of December 31, 2023) and $302.7 billion in assets under management (as of March 31, 2024). Headquartered in Seattle, Washington in the United States, Russell Investments has offices around the world, including London, New York, Toronto, Sydney, Tokyo, Shanghai, and Mumbai.

Joining the Mumbai office is an incredible opportunity to work closely with global stakeholders to support the technology and infrastructure that drives the investment and trading processes of a globally recognized asset management firm. Be part of the team based out of Goregaon (East) and contribute to the foundation and culture of the firm’s growing operations in India. The Mumbai office operates with varying shifts to accommodate time zones around the world.

For more information, please visit https://www.russellinvestments.com.

Job Description:

As a member of the Global Fund Services Team, you will support the administration of retail and institutional mutual funds, private equity and private real estate funds, and hedge funds for all RI funds globally. Your specific duties would include valuation oversight, compliance oversight, transfer agency oversight, performance measurement and reporting, processing capital calls and distributions, cash management, preparation of quarterly reports, valuation support, audit and tax support, fund expense disbursements, data entry, systems support, preparation of regulatory and internal fund reports, and updating policies and procedures.

Qualification

• Freshers who are currently pursuing graduation from B. Com and BAF streams.

Responsibilities
• Accounting, valuation and reporting for retail and institutional mutual funds, private equity and private real estate funds, and hedge funds for all RI funds globally
• Monitoring fund compliance and reporting
• Expense budget creation and invoice payments to various vendors
• Unit reconciliation and trade oversight
Candidate Requirements
• Strong analytical and problem-solving skills, ability to multi-task
• Assertive, self-motivated, self-directed
• Communication skills include an ability to listen carefully, ask questions, and lead discussions
• Ability to use solid judgment on oversight and quality review of projects and tasks
• Ability to work independently, prioritize tasks and strong desire to achieve results
• Ability to work well in a team environment
• Technology skills required include ability to work with PC applications (spreadsheets, databases) and general understanding of information technology and capabilities in software, hardware, LAN administration and operating systems.
Visit us: https://russellinvestments.com/us/careers