Assistant Fund Administrator (Hybrid)

Job Responsibility:

• POSITION: Assistant Fund Administrator (Hybrid)
• COMPANY: Lynx Equity Income Trust
• BUSINESS TYPE: Private Equity
• REPORTS TO: Managing Director
• LOCATION: Toronto, Ontario
• START DATE: Immediately
• HOURS: Monday-Friday, regular business hours

ABOUT OUR COMPANY

The Lynx Equity Income Trust (the Trust) is an open-ended mutual fund trust, operating as a subsidiary of Lynx Equity Limited. Established in 2016, the Trust serves as a conduit for individual investors seeking substantial and growing yields by participating in debt investments within Lynx Equity Limited's US portfolio.

ABOUT THE POSITION

We are seeking a dedicated and detail-oriented individual to join our team as an Assistant Fund Administrator . This role is ideal for someone with a foundation in financial administration or bookkeeping, and a keen interest in the private equity industry. As an Assistant Fund Administrator, you will demonstrate integrity and reliability everyday engaging with Investors, Dealing Representatives and their office staff, their Head Offices and Intermediaries.The Assistant Fund Administrator will work closely with the Fund Administrator and will report to the Managing Director.

CORE COMPETENCIES

• Communication
• Mathematical Reasoning
• Team Work
• Adaptability/ Flexibility
• Planning and Organizing
• Accountability
• Problem Solving
• Ethics and Integrity

JOB DUTIES

• Maintain database of investors (Master Unitholders) and Dealing Representatives (DRs) Promptly respond to DR and investor information changes
• Process new investors ensuring that new investor documents are collected and properly filled out. Tracking new investors and managing investor banking details
• Process monthly closes
• Prepare and submit monthly regulatory filings
• Calculate quarterly distributions:
• Calculate quarterly cash and DRIP distributions for all investors
• Calculate specific amounts to be distributed to Olympia Trust, Computershare, Portfolio Strategies, and direct
• Calculate quarterly trailer fees to be paid to each EMD
• Complete requests for account statements from DRs and investors
• Resolve account inaccuracies:
• Respond to DR, Investor, or trust company enquiries regarding statement inaccuracies
• Investigate account inaccuracies and inform Managing Director
• Resolve account inaccuracies per instructions of Managing Director
• Process investor redemption requests
• Respond to general DR enquiries for documents such as offering memorandums, subscription agreements, letters of direction, and market materials
• Respond to general investor enquiries
• Distribute brochures
• Calculate data for annual T3 slips
• Other project related work as directed by the Managing Director

QUALIFICATIONS

• 1-2 years' experience in administration, bookkeeping or a similar role
• Post secondary degree or diploma in business administration, accounting, bookkeeping is preferred
• Experience in private equity, investment management, or financial services sectors is considered an asset
• Excellent interpersonal skills and, written and verbal skills to communicate with all levels of the organization
• Proficient Excel and Microsoft Office skills
• Resourceful and flexible
• Proven organizational and time management skills
• Keen attention to details
• Good problem-solving skills
• Ability to take direction from numerous team members
• Ability to prioritize and follow through on tasks to completion

WORK CONDITIONS

• Ability to work in our Company's Toronto-based open-concept office.
• Sit or stand in front of a laptop.
• Manual dexterity is required to use a desktop computer/laptop and peripherals.
• Laptop will be provided. Proficiency in using Windows operating systems is required.

COMPENSATION & PERKS

• $50K - $55K per annum based on qualifications and experience
• Healthcare Benefits
• RRSP Plan
• Hybrid Work Arrangement
• Casual work environment

HOW TO APPLY

Please send your resume with cover letter via Indeed.ca. Although we appreciate each application, only those being considered for the position will be contacted. No recruiters, phone calls, emails, or inquires through LinkedIn, please.

At Lynx Equity Income Trust, we are committed to fostering an inclusive, accessible environment, where all employees feel valued, respected and supported. We are an equal opportunity employer that recognizes the value of a diverse workforce. If you require an accommodation for the recruitment/interview process, please let us know when selected to take part in our recruitment process so that reasonable arrangements can be made for the appropriate accommodations to be in place.

Job Type: Full-time

Pay: $50,000.00-$55,000.00 per year

Benefits:

• Dental care
• Extended health care
• Paid time off
• RRSP match
• Vision care

Schedule:

• Monday to Friday

Education:

• Bachelor's Degree (preferred)

Experience:

• Financial services: 1 year (required)

Work Location: Hybrid remote in Toronto, ON M4M 1G9