Purpose of the Role
An opportunity has arisen to join Prescient Fund Services (Ireland) to support our investment managers throughout the complete product lifecycle. In this role you will be managing, overseeing and reporting on distribution activities undertaken in the EU for clients and prospects. To support Distribution Oversight across several affiliates; the role's focus is oversight of the Marketing personnel and practices and ensuring appropriate governance is maintained improve reporting framework.
Role Description
The responsibilities will include:
* Work with the business development team on the sales process to prospective clients/manager
* Work closely with the product/operations teams to onboard new clients/investment managers to the platform.
* Conduct regular calls with delegated investment managers/distributors to ensure compliance with any relevant regulatory requirements and to ensure client remains satisfied with the platform services being provided.
* Co-ordinate a distribution oversight framework with input from other Designated Persons and appointed Distributors as relevant and ensure any distribution related complaints are escalated as appropriate.
* Ensure the oversight function has appropriate focus and is comprehensively documented
* Contribute to the delivery of the annual product review process to agreed timescales, keeping key stakeholders aware of progress and highlighting matters for resolution as appropriate.
* Ensure the funds are appropriately registered in all jurisdictions in which the funds will be distributed.
* Contribute to the maintenance and annual update of scheme documentation including prospectus and supplement updates.
* Responsible for the maintenance of internal fund information, to include internal guidelines, fund schedule updates, LEIs, ISINs, Bloomberg and intranet updates.
* Ongoing and formal periodical activity reporting review and relay of that to senior management.
* Co-ordinate management information and reporting to the board, the Irish management committee and other governance forums as necessary. Co-ordinate other reporting for the funds to include target market reporting, TCF reporting, etc
* Contribute to regulatory change projects as applicable where they affect fund documentation (eg GDPR, LIBOR, Value Assessment etc)
* Ensure compliance with the obligations and responsibilities assigned to the Designated Person for Distribution as outlined in the Central Bank of Ireland's Fund Management Company Guidance (CP86).
* Keep abreast of industry and competitor innovations in the product space, as well as legislative changes through Irish Funds and CBI to identify consequential product activity.
* Develop and update policies, procedures and other documentation as required
* Liaise between affiliates to understand what activities they are performing in what jurisdictions.
* Attend Oversight meetings and record minutes, ensuring all necessary protocols and procedures are known, shared effectively, and adhered to.
* Project manage major process change and work closely with CRM team to implement relevant change requirements. Required experience of the distribution and CRM operations of an asset management business, covering institutional clients and wholesale distribution partnerships
* Key relationships include key internal stakeholders from various teams, external lawyers and suppliers to the pooled funds (custodians, TA, registration agent etc) as well as Group Distribution functions and other Group colleagues.
Qualifications and Experience
* 5+ years of work experience in a related role. Required to have Distribution and Investment Management Expertise: understanding of investment management processes, especially with regard to product development and distribution.
* Experience and knowledge of product and proposition design, of strategy and of client needs
* Good knowledge of the international asset management industry including investor types, distributional channels, the competitor landscape and an excellent technical knowledge of investment products is essential
* Proven expertise in relevant topics, e.g. tracking error, fund performance, ETF products etc.
* Strong technical knowledge of pooled product structures including UCITS and non-UCITS structures across a range of domiciles
* Educated to degree standard or holder of a relevant professional qualification.
This role suits someone with first class interpersonal skills and a proactive approach and strong focus on 'client experience'. If you are a results orientated person with a high degree of professional and corporate responsibility and have a background in investment management and distribution from a Manco environment, then this could be the role for you.
You will be able to drive and influence, whilst building, maintaining and improving business relationships and see your career grow.