Funds & Asset Management


  • TypePermanent
  • SalaryNegotiable
  • LocationDublin
  • Published16 Jan 2024
  • Ref#BBBH13950
  • Apply now!

Operations & Outsourcing Manager

About the Company:

Our client is a dynamic and rapidly growing asset management firm based in Dublin, operating as a subsidiary of a leading European bank. The company adopts a fully digital approach and is committed to innovation, positioning itself as a key player in the industry. Since its inception, the firm has experienced significant growth, currently managing approximately €29.5bn in assets.

The Opportunity:

Due to substantial business growth, our client is seeking a talented Operations & Outsourcing Manager to join its Operations team. Reporting to the Head of Operations, the selected candidate will play a crucial role in supporting the UCITS Management Company business.

Main Responsibilities and duties:

  • Coordinates and oversees day-to-day activities, including outsourcing Middle Office, Administration, Investment Team, and settlement operations.
  • Provides daily oversight of the EMIR reconciliation program.
  • Ensures timely escalation and resolution of all potential and actual issues.
  • Facilitates the resolution of settlement fails.
  • Reviews reconciliations between counter-parties, custodians, and administrators, coordinating investigations among different outsourced service providers.
  • Liaises with global and local transfer agents for projecting cash flows due to subscriptions/redemption’s.
  • Collaborates with investment managers and counter parties to resolve pre-trade and trade matching issues.
  • Ensures the Front Office system is up-to-date in terms of limits definitions, product setup, and definitions.
  • Designs Process Management Flow with both Custodian and Administrator of Luxembourg and Irish Umbrella Fund.
  • Provides oversight and supervision of service providers, including initial and ongoing due diligence and review of monthly/quarterly/ad-hoc and board reporting.
  • Collaborates with and oversees the work of junior team members.
  • Reviews computation of Ongoing Charges of Fund Administrators and provides periodic budget updates.
  • Manages distribution requirements in relation to reporting of UCITS products.
  • Ensures SLAs/SLDs are periodically reviewed and kept up to date.
  • Assists in performing life cycle events on the sub-funds promoted by the company.

Key Requirements:

  • Holds a third-level qualification in Accountancy, Finance, or a Business discipline.
  • Possesses 7+ years of experience in a Middle Office/Operations/Back Office function, preferably in Asset Management/Investment Management or UCITS Management Company Experience.
  • Has exposure to regulatory reporting (EMIR, SFTR, etc.) and familiarity with reporting requirements.
  • Demonstrates strong knowledge of UCITS and other relevant financial products, instruments, and markets.
  • Essential skills include strong planning, problem-solving, project management, and stakeholder management.
  • Exhibits the ability to work independently and meet deadlines.
  • Is comfortable dealing with ambiguity.
  • Is well-organised with strong time management skills.
  • Displays enthusiasm, eagerness to learn, and a self-starter attitude.
  • Enrolment in professional programs is a plus, as is evidence of continuous self-development.
  • Fluency in English is required.

To find out more reach out to me in the strictness of confidence.

Tom Guilfoyle

Associate Director - Financial Services

With over 9 years of experience in the financial services recruitment sector, Tom is currently the Head of Financial Services Recruitment at Azon. In this role, Tom leverages his expertise in customer relationship management and people management to deliver high-quality talent solutions to clients across banking, funds, asset management, insurance, and fintech. Tom oversees a team of consultants, providing them with coaching, training, and feedback to ensure their professional development and performance. In his previous experience as Associate Director and Manager in other agencies, Tom developed strong relationships with key clients and candidates, managing a portfolio of recruitment projects across the funds sector. Tom has a Bachelor's Degree in Facilities Management from the Dublin Institute of Technology and is passionate about cultivating a diverse and inclusive workplace. Outside of work, Tom's time is spent with his young family. He is also a keen and competitive golfer, always striving to improve his game and embrace the challenges of the sport.

Apply Now

By submitting this application I consent to my data being used as outlined our Privacy Policy.