Fund Operations Manager

Job Location


Permanent, full-time

Type of Job

Published Date

18 May 2022, 10:00:00

London or Manchester with home working

About the job

Our client is a financially strong, European Investment and Asset Management firm operating in five different geographies, with over 9 million customer accounts, delivering strong financial returns.

It established its independent fund management business and closed its first flagship c.EUR 1.7 billion fund in 2020 and is now in the process of raising its second fund. As part of the growth of this division, it has recently established a new Operations Department. The Operations Department is a critical function to the continued growth and success of the Fund Business. It aims to provide support and structure to the fund through the deal / fund lifecycle to enable effective management and scalability. As a result they are now are recruiting an Operations Manager to join the team. This is a permanent role and can be based at the Manchester or London offices with some home working.

The Operations Manager will be joining a dynamic team with a fantastic opportunity to experience direct access to and work alongside senior members of a growing organisation across the legal, finance, investment and operational areas. Accordingly, the role offers an opportunity for wide-ranging experience, progression, and strong performance will be quickly recognised.

Reporting to the Fund Operations Director, the Operations Manager will ensure new transactions are effectively executed and managed, assist in general fund operational matters and help develop and embed new operational processes and procedures to drive overall fund operational effectiveness. This will require a combination of standardisation for repeatable/generic activities to create scalability and agility to adapt to complexity and new asset classes or jurisdictions.

The Fund Operations Manager will work closely with key stakeholders within the Fund, external service providers, Central functions and the Servicing Platforms across Europe. They will also work closely with the Investment team in the transaction planning and execution of new portfolio acquisitions. The role will include:

Review and input into the execution of legal documents including for new portfolio acquisitions, origination and securitisation. Documents will include Sale and Purchase Agreements, Servicing Agreements, Cash Management Agreements and Securitisation agreements.

Managing from an operational point of view in more complex or nonstandard transactions, working alongside the wider deal teams, and taking ownership of fund operational actions such as setting up new vehicles or bank accounts and the development and implementation of deal-specific operational processes such as the flow of funds, invoicing, governance, reporting etc.

Responsibility for coordinating, managing, and reporting on post-deal management activities, including:
Maintaining the Fund Operations priority list and reporting on progress.

Implementing identified post-deal management activities.

Ensuring structure and transaction charts are kept up to date.

Managing post deal documentation and liaising as appropriate with any third parties.

Managing the Fund Management system and ensuring it is kept updated;

Tracking and ensuring compliance with interest payment dates and supporting the cash flow movements across the vehicles.

Involvement in other general fund operational matters which may include:

Project managing items such as the opening of bank accounts, custody accounts, setting up of new entities, etc;

Support in reviewing any restructure / cost optimisation steps, and implementation thereafter;
Combining/closing entities;

Managing External Service Providers;

Managing changes in External Service providers and associated onboarding requirements;
Adhoc projects;

Managing and updating the documents library and library of processes;

General process optimisation and implementation



  • Experience in Finance Services (Banking, Accountancy or Fund Management) or Legal Services is essential

  • Transactional experience desirable, with knowledge of acquisition, debt financing and / or securitisation documentation

  • Experience in Fund Management Middle / Back Office is desirable

  • Extremely organised and able to meet tight deadlines under multiple competing priorities

  • Strong attention to detail & accuracy

  • Previously had roles working and managing numerous internal & external stakeholders

  • Pro active; able to organise own work load and identify what needs to be done

  • Excellent Project Management skills are mandatory

  • Excellent people and communication skills are mandatory

  • Excellent problem solving skills are required


£60,000 - £90,000 per annum, negotiable

About us

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