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Fund Oversight Senior Specialist

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Mercer

6d ago

  • Job
    Full-time
    Senior & Expert Level
  • Dublin

AI generated summary

  • You need strong fund operations experience, knowledge of asset classes, EU fund structures, adaptability to tech, attention to detail, collaboration skills, and a solid academic background.
  • You will manage daily operations, oversee fund monitoring and compliance, collaborate with stakeholders, support audits, prepare reports, and identify operational inefficiencies.

Requirements

  • Strong and demonstrated experience in a leading Investment Manager or Fund Manager, with a strong understanding of Fund Operations, including Fund Accounting, Middle Office, and Transfer Agency.
  • Practical knowledge of all asset classes, such as securities, loans, derivatives, and pooled funds.
  • In-depth understanding of European fund structures, particularly UCITS and AIFs, as well as various portfolio types.
  • Willingness to work with diverse systems and a strong ability to learn and adapt to new technologies.
  • Detail-oriented with the capability to prioritise and manage multiple teams and deliverables effectively.
  • Strong collaboration, task management, and communication skills.
  • Driven and hardworking, with a focus on delivery.
  • Exhibits energy, tenacity, and resilience.
  • Strong academic background.

Responsibilities

  • Assist the Team Manager with key management tasks and oversee daily team operations.
  • Collaborate with external stakeholders, including administrators and custodians of Mercer-managed portfolios.
  • Monitor and supervise delegate administrators, custodians, and investment managers, managing the service provider framework to ensure compliance with SLA terms and improve service quality.
  • Coordinate and support the due diligence process for investment managers, developing and reporting on Key Performance Indicators (KPIs).
  • Oversee the NAV monitoring process for delegate fund administrators, tracking daily, weekly, and monthly NAVs for Mercer Funds, and comparing expected fund performance with actual results from fund accounting teams.
  • Maintain exception reports for cash breaks, position breaks, pricing, trade settlements, and fund flows, reviewing reconciliations among counterparties, custodians, and administrators, and coordinating investigations with outsourced service providers.
  • Participate in the audit process, ensuring timely completion of fund audits and preparation of Mercer Funds Financial Statements, serving as the primary contact for fund auditors.
  • Prepare and present materials for internal committees and Mercer Boards.
  • Review and contribute to fund documentation, including supplements, prospectuses, client agreements, and investment management agreements.
  • Assist in maintaining databases for portfolios and funds.
  • Build and maintain positive relationships with all stakeholders, collaborating with internal teams such as portfolio management, legal, compliance, operations, finance, and technology.
  • Identify inefficiencies and risks, proposing and implementing solutions to support operational changes, risk management, and overall planning.
  • Act as a senior peer reviewer for colleagues.
  • Ensure accurate and up-to-date maintenance of supporting procedures and assist in training team members as needed.

FAQs

What is the location for the Fund Oversight Senior Specialist position?

The position is based in Dublin.

What are the main responsibilities of the Fund Oversight Senior Specialist?

The main responsibilities include overseeing daily team operations, collaborating with external stakeholders, monitoring and supervising service providers, coordinating due diligence processes for investment managers, overseeing NAV monitoring, maintaining exception reports, participating in the audit process, preparing materials for internal committees, reviewing fund documentation, and identifying operational inefficiencies.

What qualifications are needed for the role?

Candidates should have strong experience in investment management or fund management, a practical knowledge of various asset classes, an understanding of European fund structures like UCITS and AIFs, and strong collaboration and communication skills.

What makes a candidate stand out for this position?

A candidate stands out with a professional work ethic, excellent organizational skills, an analytical mindset focused on risk mitigation, and the ability to work in a disciplined and proactive manner.

Will the Fund Oversight Senior Specialist position require in-person attendance?

Yes, this is a hybrid role that requires working at least three days a week in the office.

Who will the Fund Oversight Senior Specialist collaborate with?

The specialist will collaborate with internal teams such as portfolio management, legal, compliance, operations, finance, and technology, as well as external stakeholders like administrators and custodians.

Is there an emphasis on professional development in this role?

Yes, the company emphasizes professional development opportunities and supportive leaders to help employees achieve their best.

What kind of work culture does Mercer promote?

Mercer fosters a vibrant and inclusive culture that encourages collaboration among talented colleagues to create innovative solutions.

Does Mercer offer opportunities for career advancement?

Yes, Mercer provides a range of career opportunities due to its scale and growth in the investment solutions business.

How does Mercer define its commitment to diversity and inclusion?

Mercer is committed to embracing diversity and inclusion across various characteristics and aims to create a flexible work environment while attracting and retaining the best people.

Preparing you for the future of work. Improving health and well-being. Reshaping retirement and investment outcomes

Consulting
Industry
10,001+
Employees
1945
Founded Year

Mission & Purpose

Mercer is a global consulting firm that specializes in providing human resources, benefits, and investment-related services to organisations. They offer a wide range of consulting solutions in areas such as talent management, compensation and benefits, retirement planning, and investment advice. Mercer's ultimate mission is to help organisations and individuals achieve better health, wealth, and career outcomes. Their purpose lies in delivering personalised and data-driven solutions that address the evolving challenges in the workplace, improve employee well-being, and optimise organisational performance. By leveraging their expertise in human capital, health, and wealth management, Mercer aims to empower businesses to make informed decisions, attract and retain top talent, and create sustainable and thriving work environments. Additionally, they strive to assist individuals in making informed financial decisions to secure their financial future and retirement. Through their consulting services and research-driven insights, Mercer seeks to shape the future of work, promote employee well-being, and drive positive change in the world of work and benefits.

Benefits

  • Paid vacation and holidays

  • Life insurance

  • Legal assistance

  • Health club discounts