ETF Product VP

About the Company

My Client is one of the world’s pre-eminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. My Client offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets.

About the Position
 

The team on behalf of the Irish Management Company and Fund Boards, oversees the outsourced Fund Administration providers for the Irish range of exchange traded products. This comprises in excess of 500 exchange traded products representing more than USD 500 billion in AUM.

The team provides technical fund administration subject matter expertise to the business and is responsible for ensuring operational risks are assessed and appropriately mitigated within a robust framework of controls.

The team is responsible for monitoring and assessing the fund administration service quality and ensuring appropriate escalation of unresolved issues.

The team is also responsible for ensuring change activities arising from product regulatory and platform developments is executed successfully and that the business priorities are met from a fund administration perspective.

Key Responsibilities

• • Oversight of the external Fund Accountants for Irish Exchange Traded Products

  • Provide ETF Fund accounting SME technical input across all operational aspects

  • Contribute towards and make presentations to clients governance bodies (e.g. fund boards) and committees

  • Review and challenge policies and procedures to help evolve the Fund Accounting Ops model to best practise

  • Assess the operating model for risk and efficiency, with a focus on automation and STP.

  • Build good relationships with business areas within, effectively engage and lead fund launches and product change.

  • Contribute to ensuring compliance with all relevant policies and with regulatory requirements impacting Products.

  • Supervising outsourced functions, including performance of the service provider, due diligence visits, evaluate control environments, investigation of NAV related queries from internal and external sources.

  • Supporting the Financial Statement team in local audits and review of financial statements.

Experience/Requirements

At least 5 years UCITS, AIF fund accounting experience, including (but not limited to) :

• • ETF operating model and fund accounting technical knowledge

  • Multiple Share Classes and class apportionment, ideally including hedging

  • Investor Anti Dilution Mechanisms

  • Primary market and secondary market framework for ETFs

  • Provider Control environment, due diligence & NAV tolerance review

  • Fund / Product events such as fund and class launches, mergers, liquidations and in specie transition restructured programmes

Project Management for regulatory change and business change

• • Vendor management experience

  • Good understanding of the fund valuation and associated transaction lifecycle and key control frameworks.

  • Good prioritization skills and ability to handle differing requirements from multiple ‘clients’.

  • Good track record in implementing change management

  • Develop practical and pragmatic solutions through a ‘hands on’ approach.

  • Good verbal and written communication capabilities - ability to interact and clearly communicate / articulate with all levels, including portfolio managers, fund directors, external auditors, senior management and vendors.

  • Initiative, drive and enthusiasm; passion for performance

  • Excellent attention to detail 

Remuneration Package

An Excellent package is on offer for the right candidate.

Contact

For more information on this or any other funds roles please contact
Tom Guilfoyle on tel: 0035315927887 or email me or hit the apply button