Carens-Georgia-Pangabdi
BSc in Risk Management Science
Maples Fund Services (Asia) Limited
Last summer, I interned at Maples Fund Services (Asia) Limited for three months. During this tenure, I had the opportunity to rotate across various teams, including Fund Accounting, Registrar and Transfer Agency, Client Onboarding, and Anti-Money Laundering. My primary responsibility was to prepare a net asset value package for hedge fund clients, involving regular cash and position reconciliations, price verifications, and financial statement generation using Advent Geneva and Bloomberg Terminal. This task enhanced my knowledge of accounting and the structure of hedge funds and different types of securities. Additionally, I conducted quality assurance testing on a newly implemented Advent Geneva function aimed at automating expense booking. This involved assessing its functionality and identifying potential issues to ensure reliability and effectiveness. I also learned to provide services to the investors of the fund, especially in handling subscription and redemption requests. I gained valuable experience of analysing and extracting relevant information from the Private Placement Memorandum of both Hedge Funds and Private Equity Funds. Furthermore, I learned the steps and actions needed to identify and mitigate risks related to money laundering, terrorist financing, and other criminal activities to ensure compliance with all required regulations for the fund and its investors.
The RMSC programme equipped me with essential knowledge in finance, investments, statistics, and mathematics, which helped me gain this internship opportunity and excel during my time there. The analytical skills developed during the curriculum proved to be extremely useful in the learning process, even for the areas not explicitly covered by the programme. Overall, the curriculum provided strong support during my internship journey.