- Professional
- Escritório em Dallas
Your role
• direct interactions with third parties, including clients, fund administrators, consultants, JV operators, property managers, appraisers, auditors, and other key individuals.
• manage the delivery and execution of the quarterly and annual reporting, including fund and separate account reports, performance metrics, and client statements; review net asset value calculations, financial statements and footnotes, and supporting documentation prepared by the fund’s third-party administrators
• coordinate and determine the accounting treatment of significant and complex transactions including acquisitions, dispositions, financings, and joint ventures, among others; own and maintain the debt management software and utilize the software to monitor debt maturities and covenant compliance. Review and approve covenant compliance calculations and loan reporting submissions prepared by the third-party administrator
• ensure fund and separate account compliance with limited partnership and investment management agreements. Gain an in-depth understanding of the agreements governing funds and clients to which you are assigned
• collaborate with investment professionals in Portfolio Management and Asset Management on miscellaneous ad hoc projects intended to streamline and standardize operations cross investment products and property types
• participate in special projects by performing data validation, user acceptance testing, and other procedures required by project managers; partner with members of Business Operations and Data Strategy to identify optimal software and data solutions and best practices to leverage existing tools
• participate in industry groups outside of UBS and establish network to gain insight into best practices from peers; work with external auditors to ensure timely delivery of audited financial statements
• review and approve performance metrics (including time-weighted return and IRR) and industry submissions prepared by the third-party administrators. Perform analytics and attribution on performance metrics and property and fund financial data to determine key drivers of investment performance; manage the valuation process administered by the third-party appraisal management firm; partner with Portfolio Management to maintain the fund liquidity forecasts. Proactively monitor cash balances to assist with contribution and distribution decisions.
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We’re committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.
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UBS Recruiting
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Your team
The Fund Operations team at UBS has two stated goals: 1) To ensure the successful operation of the comingled funds and separate accounts managed by UBS and
2) To support the decision making of investment professionals in Portfolio Management and Asset Management by providing key inputs into the management of each fund’s portfolio and the underlying investments.
Fund Operations achieves its objectives via adherence to its four pillars of focus:
1) Liquidity Forecasting and Planning
2) Portfolio Reporting
3) Performance Measurement
4) Valuation Measurement and Reporting.
Your expertise
• effective oral and written communication skills with ability to present strategy, recommendations, and decisions in a well-reasoned, well documented manner; time management/ organizational skills including ability to prioritize work to consistently meet deadlines
• ability to work efficiently in a dynamic team environment and make decisions that have significant operational implications; team building - ability to develop open, constructive relationships with others, including peers, property level personnel and clients
• experience with Yardi and its key modules, including Voyager, Performance Management, and Investment Accounting
• solid understanding of performance return metrics commonly used in the Private Equity Real Estate industry, notably time-weighted return and internal rate of return
• drive for client service and a fiduciary mindset
• strong knowledge of Fund valuations, control processes and dependencies on all stakeholders; proficiency in Microsoft Office suite and experience Microsoft Power BI
• CPA designation is preferred, but not necessary; BA or MBA degree in business, finance, or accounting desired
About us
We have a presence in all major financial centers in more than 50 countries.