My Client an Asset Management company is looking for an Operations Manager to manage their Middle Office and Outsourcing.

Main Responsibilities:

Daily Operations:

• Coordinating and overseeing the day-to-day activity of outsourcing Middle Office, Administration, Investment Team, settlement, ensuring the business day of the Management Company runs smoothly.
• Timely escalation and resolution of all potential and actual issues.
• Facilitate the solution of settlement fails.
• Reviewing reconciliations between counterparties, custodians and administrators, coordinating investigations among different outsourced service providers.

Daily Middle Office:

• Dealing with Global Transfer Agent. and Local Transfer Agent. in projecting cash flows due to subscriptions/redemptions.
• Liaise with investment managers and counterparties to ensure pre-trade, and trade matching issues are resolved on a timely manner.

System Review:

• Ensure that Front Office system is up to date in terms of limits definitions, product set up and definitions.

SLA Review:

• Design Process Management Flow with both Custodian and Administrator of Luxembourg and Irish Umbrella Fund.
• Oversight and Supervision of Service Providers: Including initial and ongoing due diligence, service review meetings review of monthly/quarterly/ ad-hoc and board reporting.
• Collaborating and overseeing the work of more junior team members and providing guidance as necessary.

Management of Fund Services:

• Review the computation of the Ongoing Charges of the Fund Administrators, providing periodic Budget, Budget updates and reviewing the actual numbers with expectations, explaining main variations.

Management of Distribution Requirements:

• In relation to Reporting of UCITS products, ability to manage the requirements and the expectations of the Distributors, regarding EMT, EPT, Look through insurance approach, PRIIPS.
• Ensure SLA/SLDs are periodically reviewed and kept up to date.
• Assist the Administrator(s) and Head of Operations in performing life cycle events on the sub-funds promoted by the Company (dividend distributions, maturities, etc, Company liquidations, mergers, etc).

NAV check Operations:

• Perform periodic checks on NAV, validating derivative price and level 2 and level 3 prices.
• Back up function of the organisational role.

BOD Reporting:

• Prepare and distribute periodic reports to Investment Committee and the Board of Directors.

Key Requirements:

• Third level qualification in Accountancy, Finance or a Business discipline.
• Relevant 7 years' experience in a Middle Office/Back Office/Operations functions preferably within the capacity of Asset Management/Investment Management (preferable) or UCITS Management Company Experience.
• Strong knowledge of UCITS, and other relevant financial products, instruments and markets. Knowledge of ETFs a plus.
• Has a keen interest in keeping up to date with financial market knowledge.
• Experience in an oversight capacity (with a fund management company, depositary, etc.) would be of interest. Required strong planning, problem solving.
• Required Strong client stakeholder management experience.
• Ability to work on own initiative and to meet deadlines.
• Comfortable dealing with ambiguity.
• Well organized with strong time management skills.
• Experience of due diligence preferable, but not essential.
• Be enthusiastic and eager to learn, self-starter.
• Enrolment in professional programs is a plus, as is evidence of continuous self-development

At Wallace Myers International Recruitment Agency we specialise in sourcing professionals for key industries and services. See our website for more details.

Privacy Policy: By applying for this role you are agreeing that your details will be stored in our database and may be considered for similar future positions. For more info see wallacemyers.ie/privacy-policy