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Operations & Outsourcing Manager

This global Dublin based Asset Management organisation in Dublin 2 are currently recruiting for an Operations & Outsourcing Manager to join their team

Due to significant growth within the business, they are looking to add an operations and outsourcing manager within our Operations team, reporting to the Head of Operations to support their UCITS Management Company business.
The Operations team is responsible for a broad range of activities, some of which are outlined below. The role will encompass a regulatory reporting element, including responsibility for the day-to-day oversight of the company’s EMIR reconciliation programme.
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.
  • Daily Oversight: of EMIR reconciliation programme.
  • Daily Operations: Timely escalation and resolution of all potential and actual issues.
  • Daily Operations: Facilitate the solution of settlement fails.
  • Daily Operations: 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.
  • Daily Middle Office: 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.
  • BOD Reporting: Prepare and distribute periodic reports to Investment Committee and the Board of Directors.
  • Projects: Representing the operations team in various projects.

Key Requirements:

  • Third level qualification in Accountancy, Finance or a Business discipline.
  • Relevant 5+ years’ experience in a Middle Office/ Operations/ Back Office function preferably within the capacity of Asset Management/Investment Management (preferable) or UCITS Management Company Experience.
  • Exposure to regulatory reporting (EMIR, SFTR, etc.) and familiarity with reporting requirements
  • Strong knowledge of UCITS, and other relevant financial products, instruments and markets.
  • Essential skills: strong planning, problem solving, project management, stakeholder management
  • Ability to work on own initiative and to meet deadlines.
  • Comfortable dealing with ambiguity.
  • Well organized with strong time management skills.
  • Be enthusiastic and eager to learn, self-starter.
  • Enrolment in professional programs is a plus, as is evidence of continuous self-development.
  • Fluency in English.

Full time, permanent and hybrid role. 3 days WFH and 2 days office based.

Excellent base salary, bonus & excellent bens package.

To apply please mail in your CV via the web link

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[Operations & Outsourcing Manager / #RM17605]

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Call us on +353 1 6633030 and quote job reference #RM17605