Associate Network Manager

  • negotiable
  • Dublin, Leinster, Ireland
  • Permanent, Full time
  • Lincoln Recruitment Specialists
  • 23 Sep 16

Associate Network Manager

Associate Network Manager

 

Our client – a global fund player is looking to hire an associate network manager.

The Associate Network Manager is required to support the Network Manager in the implementation of the sub-custodian, prime broker and transfer agent due diligence and monitoring program to ensure all due skill, care and diligence is exercised when safekeeping functions are delegated to a third party.

 

Principal Responsibilities:

  • Assist in the performance of annual on-site inspections of each appointed third party and the preparation of a risk assessment of the reviewed firm.
  • Assess due diligence questionnaire responses provided by appointed third party firms to whom safekeeping of assets may be or have been delegated.
  • Maintain an appropriate control environment to ensure the Depositary fulfils all regulatory obligations associated with the delegation requirements of local regulations.
  • Assess the third party’s financial strength, operational and technological capabilities, regulatory and legal framework within which the third party operates and any functions sub-delegated to other parties.
  • Assist in the review of the custody risks and segregation criteria associated with the decision to entrust assets to a third party.
  • Monitor the ongoing risk associated with each appointed delegate and assist in the implementation of a contingency strategy as required.
  • Assist in the preparation and maintenance of departmental procedures and controls to ensure a high level of investor protection.
  • Liaise with appointed delegates to address and resolve any queries and escalate any concerns/issues.
  • Prepare and maintain monthly MIS on assets held by each third party delegate and transfer agent.
  • Promote awareness of and ensure adherence to all policies and procedures.
  • Keep up-to-date with related business, technical and regulatory developments.

 

Skills & Competencies:

  • Excellent Communicator
  • Interpersonal Effectiveness
  • Innovative/Collaborator
  • Problem Solving/Analysis
  • Adaptability

 

Qualification & Experience:

  • A minimum of 5 years fund services experience within the European funds industry
  • A third level business/finance qualification
  • Depositary, prime brokerage and/or global custody services experience.

 

Contact: Michael Costello – mcostello(@)lincoln.ie