Sr. Executive | Assistant Manager

About NAV

Founded in 1991, NAV is a privately owned fund administrator that is recognized for its innovative and cost- effective fund administration solutions.

NAV serves over 2300+ clients around the world, which have combined assets under administration over US$ 310 billion. HFM Insights 2024 have named NAV Fund Administration Group (NAV) as the Best Fund Administrator. Our dynamic team of professionals provide accounting and Backoffice support services to fund administrators having Hedge Fund, Private Equity & Real Estate Funds, CTA, and Managed Account as their clients.

NAV has been a recipient to various industry awards such as:

• Most Trusted USA Hedge Fund Administrator – Acquisition International
• Recognized Leader in Multi-Platforms Complexes - Acquisition International
• Best Managed Account Platform Technology – HFM US Technology
• Best Innovative Fund Administrator _ CTA Intelligence

NAV has been ranked as #1 global hedge fund administrator in the HFM Insights Service Provider Rankings and Ratings

Ranked 7th on the 2023 LinkedIn Top Companies List in India.

https://www.linkedin.com/pulse/top-companies-2023-25-best-workplaces-grow-your-career/

Website

NAV Core Values:

NAV’s culture is based on respect. We treat our clients and each member of NAV’s team with respect.

NAV stands for outstanding customer service. We treat each client as a lifelong partner. We listen attentively to clients’ feedback and we are always responsive to their needs.

NAV believes in innovation. We continuously strive to improve our services in innovative ways.

Job Duties and Responsibilities:

Drafting, Negotiating and Reviewing Contracts:

• Draft, negotiate and review proposed modifications to client service agreements, non-disclosure agreements, and vendor and other contracts.
• Field and respond to questions from internal and external stakeholders regarding contract terms.
• Respond to proposed modifications by revising and redlining, using a library of pre-approved provisions and comments, and effectively communicate rationale for edits via email and teleconference.
• Maintain effective and supportive communication with internal stakeholders in the business development, marketing, and operations departments.
• Revise and maintain template contracts as needed.
• Maintain client service agreements in a client contract management system.

Corporate & Regulatory Compliance:

• Draft, review and prepare variety of policies and procedures for the company and its international affiliates, including regulatory licensing, data privacy, anti-money laundering, data retention, confidentiality, personnel policies, and disciplinary action, employee performance policies and other regulatory policies and manuals.
• Prepare corporate documents, including board resolutions, meeting agendas and minutes.
• Assist in preparation of documentation in connection with establishing and licensing new business entities in new jurisdictions.
• Review notices received from various governmental and regulatory authorities and draft and prepare suitable responses to the same.
• Coordinate with corporate service providers and law firms in foreign jurisdictions in connection with ensuring compliance with applicable corporate formalities and for various legal services respectively.
• Assist with occasional regulatory audits.

Litigation:

• Oversee the company’s and its affiliates’ responses to regulatory and private subpoena.
• Research & review of applicable statutes, regulations, and cases law, and draft legal memoranda for internal and external use and discussion.
• Monitor internet and social media sites for infringing trademarks and business names; send cease and desist letters to infringing website and business owners/operators.
• Oversee, lease with, and monitor outside counsel; negotiate counsel’s rates; ensure counsel’s invoicing is reasonable and within expectations and/or budget or cap.
• Provide management with concise updates regarding litigated matters.
• Support outside counsel by reviewing draft pleadings, motions, petitions, statements, and filings for accuracy prior to filing, and by searching for and facilitating production of required documentation.
• Maintain copies of pleadings, motions, court orders, discovery documentation, and provide management with regular case updates.

Other Duties:

• Acquire and maintain good working knowledge of fund administration services.
• Actively learn about how fund administration services are performed in foreign jurisdictions.
• Oversee the maintenance of the vendor management system.
• Oversee the maintenance and management of the compliance calendar.
• Assist with any other ad-hoc projects or other duties as needed.

Required Qualifications:

• Law graduates who have obtained a bachelor's degree in law from any University in India.
• 1 to 4+ years of relevant experience.
• Proven experience multi-tasking and pivoting when required.
• Demonstrated experience focusing on details and accuracy in work product.
• Experience working independently and demonstrated follow through on tasks and projects with limited supervision.
• Must have an excellent record of dependability, availability, attendance and punctuality.
• Must be willing to work till 3:30pm Chicago time/ 2:00 am IST.

Preferred Qualifications:

• Good working knowledge of common commercial agreements, compliance policies for international entities, AML Manuals and business compliance related work.
• Prior work in the financial services industry, preferably a fund administrator or hedge fund.
• Basic knowledge of fund accounting and registrar and transfer agency services and anti-money laundering related compliances.
• Prior experience on policy drafting, regulatory compliances, AML manuals is a plus.

Professional Qualifications and Skill

• In-depth experience with Word, Excel, and Power Point.
• Demonstrated excellent communication skills, including writing and negotiating with accounting, legal and business professionals.

Compensation and Benefits:

• Competitive Salary (based on experience)
• Interesting work in a collegial environment for a rapidly growing company
• Global exposure in terms of learnings, growth, experience – US, Cayman Islands, Singapore, Australia, and others.