[5862] - Senior Associate Director - Maven Partners

The Organisation:
Our client, an international banking group, is looking for a Senior Associate Director to join their Alternative Funds Services team.

The Role:
Responsibilities include:
- The successful candidate will provide active leadership for the Alternatives Funds Services teams covering the Channel Islands locations across all alternatives business. Being part of a wider management team whose collective responsibility is to support each other, the location and the organisations’ group objectives.
- The role is primarily responsible for ensuring that the correct controls framework is in place across the Funds Services department, and that it is complementary to the target operating model in ensuring that the business is run in the most efficient and risk-mitigating manner possible.
- Ensure that operational processes are fully defined in a set of operational procedures, and that the procedures are maintained and reviewed on a regular basis.
- Ensure operational processes are auditable and verifiable.
- Assist the wider Funds Services teams with preparation for and presentation of information for internal audit (IG) visits.
- Interpret and present any IG findings and recommendations, including impact analysis and proposals for action to be taken to close out such recommendations.
- Maintain an inventory of any errors or issues being experienced through exposure to outsource locations, together with the level of activity in these locations on a periodic basis.
- Work with the relevant team leads to ensure that the business is discharging its duties appropriately in terms of the regulatory requirements for any outsourced activities.
- Assist the Head of Funds Services in designing and implementing an end to end billing process that covers the onboarding of a client with initial fees, through to complete interpretation of the agreed and signed fee schedule and application of this throughout the life cycle of a fund, and efficient and timely recovery of revenue (including out of pocket expenses) at the agreed intervals.

The Person:
You will possess the following key characteristics:
- Ability to articulate operational requirements in to a control framework and effective operating model.
- Ability to work in a multi-national environment.
- Comprehensive knowledge and practical experience of Alternative Funds Services (Private Equity, Debt, Infrastructure, Real Estate).
- Familiarity with operational risk procedures and controls, and a good understanding of the governance required to control and manage a large Funds - Services department in an efficient and effective manner.
- Positive and collaborative approach, whilst forward thinking to anticipate and react to evolving requirements of the business.
- Minimum 5 years experience in management role within the private equity / real estate funds industry. An excellent working knowledge of offshore funds and the relevant legislation and regulations e.g. Jersey Funds Codes. Business and market awareness.

Features & Requirements

Further Information

Location: Jersey

Profession: Funds

Salary: Negotiable

Contact Details

Phone: 01534864771

Email: sarahgarrood@mavenpartners.net

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