Charl Schonken

Experience

• 

  BroadReach Healthcare

  Apr 2013 - Sept 2014

  Financial Administrator/Credit Controller

  Bank Reconciliations.Prepare monthly financial statements/reports for Head of Finance (Income statement, Balance Sheet, Intercompany Invoicing).Created “work paper” templates for external audit teams.Review expense and mileage claims.Reviewing weekly payments.

• 

  Maitland

  Oct 2014 - Jun 2016

  Hedge Fund Accountant

  Accounting for different types of financial assets and liabilities including collective investments, shares, bonds, hedges, unlisted stocks, and OTC derivatives etc;Ensuring the accurate calculation of Fund valuations (daily, weekly and monthly requirements) and accounting to the TB;Ensuring the trades are captured correctly and valued fairly;Producing and processing journals to the products;Collating and verifying information from third parties;Reconciling bank and scrip holdings to third parties;Responsibility for maintaining and continuously updating the process documentation; andCommunicating and responding to queries internally and from the client, assisting team leaders and managers in resolving such queries.Generation and distribution of investor statements and contract notesResponsibility for the accounting, valuation, and reporting of certain client funds that are more complex in nature Show less

• 

  Analytics Consulting

  Jul 2016 - Dec 2016

  Portfolio Administrator

  Managing & controlling all transactions processed between investment administrator, investment manager & underlying fund manager.Set-up & maintenance of Trading instructions.Monitor & check execution of trade instructions.Monthly monitoring of portfolio positions.Confirmation that portfolios conform to latest Investment Committee mandates & all regulatory requirements.Maintain performance trackers with the use of Morningstar reporting.Asset allocation capturing.Creating and Pulling graphs, tables & other information between different programs into Reporting Format.Analyse fee splits between respective parties & monitor rebates that have been negotiated.Maintaining a database of Underlying Fund Managers fees & Rebates.Managing & controlling all transactions processed between investment administrator, Manco, pricing administrator , custodian, investment manager & underlying fund manager.Cash management from IFA to investment manager to underlying fund manager.Daily monitoring of portfolio unit prices, accuracy & reasonabilityMonitor, check & report on Monthly, Quarterly, Bi-annual or Annualdistribution & re-investments Show less

• 

  Alter Domus Fund Services (Malta) Ltd

  Jan 2017 - Dec 2017

  Senior Fund Accountant

  Review of NAV Calcualtions (all frequencies)Implementation of new internal procedures.Manage, monitor and review monthly reporting to the Central Bank.Maintenence of client services in terms of reporting and regulatory requirements.Compliance/Due Diligence of investors.Responsible for the on boarding and setup of new clients/funds.Create and compile reporting for board meetings.Ensure fees are applied as per offering memorandum/prospectus/agreements.

• 

  Prescient

  Jan 2018 - now

  Team Leader for Onboarding and Client Delivery Team related to Collective Investment Schemes and Exchange Traded Funds.Managing a team of 3 Product Specialists.Engage with clients to establish their needs and build a project plan accordingly.Ensure the operational teams and client relationship managers are equipped with the necessary information to service the new clients on daily basis going forward.The onboarding process includes managing internal and external parties' expectations.This consist of:1. Regulatory/Legal process2. Client Account openings (banking)3. Setup on internal platforms (product development)4. Training where needed5. Handover to production teams.6. Ensure Client Relationship Managers understand the product and client needs.Amalgamations/Mergers became an integral part of the onboarding of clients and I am the Project Manager for these complex onboardings. Show less Along with 3 other team members, we started to Product Solutions team within the Client Delivery space to bridge a gap between day-to-day client servicing and the project management required onboard new clients.The team transitioned the client onboarding experience from the daily operational teams and became the focal point between clients and our platform.New processes, checklists and relationship were built in this phase, which increased new business capacity, along with the growth in head count for the team.This naturally led to a need for leaders in the team and I was fortunate enough to take this role. Show less

  • Operations Manager

    Nov 2024 - now

  • Business Development Specialist

    Jun 2024 - Nov 2024

  • Product Lead

    Apr 2022 - Jun 2024

  • Product Specialist

    Oct 2019 - Jul 2022

  • Senior Hedge Fund Accountant

    Jan 2018 - Oct 2019