Fund Operations Manager

Job Description:

Our client, a global investment firm, have an exciting opportunity for a Fund Operations Manager to join their London team on an initial 12-month contract basis.

Essential Skills/Experience: Expertise in fund structuring, launches, and share classes, with strong knowledge of fund accounting policies and procedures. In-depth understanding of OTC derivatives and complex instruments from a fund accounting and pricing perspective. Comprehensive experience in fund administration for European structures in UK, Luxembourg, and Ireland. Proven ability to lead fund administration and accounting RFPs for existing or new clients. Supervisory experience in managing teams, processes, and vendors with risk management focus. Program/project management experience in investment management or operations with significant change agendas. Experience with diverse fund products, alternative funds (hedge funds, limited partnerships), passive currency hedging, and performance fee calculations.

Core Responsibilities: Manage Vendor Management program for outsourced fund services. Oversee fund accounting/administration providers for European funds (e.g., UK OEICs, Luxembourg SICAVs, FCPs, and Liquidity Funds). Participate in service reviews with fund administrators and depositaries. Handle diverse fund types, including emerging markets, fund of funds, and domestic equity funds. Coordinate and review periodic financial and regulatory reports. Lead fund administration due diligence, covering KPIs, NAV components, reconciliations, fair valuation, currency hedging, and performance fees. Manage fund expense processes, dividend rates, and net income analyses. Address incident management (e.g., NAV errors, operational issues). Support fund governance, including board materials preparation for quarterly meetings. Execute fund changes (e.g., launches, mergers, closures, regulatory updates). Maintain relationships and resolve queries with stakeholders (e.g., accountants, depositaries, auditors). Evaluate service providers and product structures. Coordinate annual audits and review findings.

Core-Asset Consulting is an equal opportunities recruiter and we welcome applications from everyone irrespective of age, disability, gender, gender identity or expression, race, colour, ethnic or national origin, sexual orientation, religion or belief, marital/civil partner status or pregnancy.

Job reference: 15894

To apply for this vacancy applicants must be eligible to work in the UK in accordance with the Immigration, Asylum and Nationality Act 2006.

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Core-Asset Consulting offers specialist recruitment services to asset management, accounting & finance, asset servicing, legal and the wider financial services sector in Scotland.

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