Analyst I, Fund Admin

Company: Victory Capital
Location: Boston
Posted on: April 16, 2025

Job Description:

Victory Capital is a diversified global asset management firm and employs a next-generation business strategy that combines boutique investment qualities with the benefits of a fully integrated, centralized operating and distribution platform.Victory Capital provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors. With 11 autonomous Investment Franchises and a Solutions Business, Victory Capital offers a wide array of investment products and services, including mutual funds, ETFs, separately managed accounts, alternative investments, third-party ETF model strategies, collective investment trusts, private funds, a 529 Education Savings Plan and brokerage services.Victory Capital is headquartered in San Antonio, Texas, with offices and investment professionals in the U.S. and around the world. To learn more please visit www.vcm.com or follow Victory Capital on Facebook, Twitter, and LinkedIn.General Summary and Purpose:This Fund Administration Analyst position will support current fund administration processes along with the integration of new programs and products. You will collaborate with vendors, and the dealer community and corporate finance, to ensure dealer commissions, payments and administrative payments are processed.You will report to the Director of Fund Administration.You Will:

• Collaborate with our teams, third-party service providers, and audit firms to support annual audits for our internal broker dealer, collective trust funds and private funds.
• Approve third-party invoicing, assist with fund and adviser accrual analysis, respond to dealer inquiries.
• Monitor distributor net capital requirements, maintain books and records and reconcile with corporate finance.
• Help with monthly review and reconciliation of fees related to the Marketplace brokerage platform.
• Ensure qualifications of FINRA accounts and assessments and appropriate billing is produced and collected.
• Record and reconcile underwriter commissions, (12b-1) fee payments, upfront commissions, revenue sharing, and ensure appropriate dealers are being paid and amount is reasonable.
• Prepare and assist with Fund board reporting.
• Coordinate and review mutual fund distributions.You Have:
  • Bachelor's degree in Business, Finance, or Accounting.
  • Experience identifying problems and recommending solutions appropriate to team goals, risks and regulatory requirements.
  • Intermediate experience in Microsoft Word, Excel, Access and Outlook.Victory Capital Management offers excellent Medical, Dental, Vision plans, Flexible PTO, Family Medical and Disability Leaves, Education Tuition Reimbursement and a 401k plan with a generous employer match.Target Compensation:The target base salary range for this position is $50,000 - $55,000. Salaries are determined based on internal equity, internal salary ranges, market data/ranges, applicant's skills and prior relevant experience, certain degrees, and certifications.Victory Capital Management operates a pay-for-performance compensation philosophy and total compensation may vary based on role, location, department and individual performance.Victory Capital Management's total compensation package includes the opportunity for annual compensation bonuses and/or commissions and a generous benefits package.We are committed to equal employment opportunity without regard to actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, pregnancy-related conditions, and lactation), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information, height, weight, hair texture or a hairstyle historically associated with race to include braids, locks, or twists; or any other characteristic protected by applicable federal, state, or local laws and ordinances.
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Keywords: Victory Capital, Brockton , Analyst I, Fund Admin, Administration, Clerical , Boston, Massachusetts