Director of Fund Operations

  • Competitive
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • Walker Hamill
  • 03 Apr 18 2018-04-03

Our client is an award-winning alternatives asset manager. They are looking to recruit a Director of Fund Operations. This is a broad remit responsible for many of the firms non-investment activities. The candidate will be responsible for future fund structuring and development as well as the ongoing product management of existing funds; including fund accounting, fund operations, investor relations and client reporting.

The role would oversee three main areas of the business.

Fund Operations:

Fund Operations represents the day to day management of the administration of the Funds and their associated Boards, for new and existing funds. Specifically this includes:

- Project management on behalf of the investment strategies to launch new (unregulated and regulated) funds.

- To recommend and manage strategic projects, ensuring the optimisation of transaction holding structures as well as the ongoing management of holding companies for the funds.

- Board management activities such as liaison with the GP directors.

- Depositary liaison and ensuring all AIFMD and Regulatory reporting requirements are completed.

Fund Accounting:

The Fund Accounting team works closely with third party administrators to ensure that the firm fulfils its responsibility as AIFM to our Limited Partners in the management of the P&L of the Funds. Specifically, but not exclusively, this includes:

- Appointing, monitoring and tracking third party suppliers.

- Quarterly NAV reporting and Financial Statement preparation

- Hedging execution at a portfolio and fund level

- Input and management of year end audit for all fund related companies

- Management and oversight of drawdowns and distributions on behalf of Limited Partners

- Working with the wider Group on portfolio holding company entities

Investor Relations and Client Reporting:

Investor Relations is responsible for ensuring that all client interaction from quarterly reporting through to face to face presentations are of a consistently high quality. Specifically the team manages:

- Quarterly Reports

- Investor meetings

- Ad hoc queries

- Liaison with third party administrator Investor Relations team

- Marketing support


- 10+ years fund operations experience working with an asset manager or similar, with direct experience either in fund operations, client service or product development/management

- Educated to degree level

- ACA/ACCA/CIMA qualified

- Good interpersonal and project coordination skills

- First rate levels of numeracy and written communication

- Excellent attention to detail