VP, Head of Middle and Back Office

JOB SUMMARY / INTRODUCTION

• Act as the operational backbone of FAB Asset Management, with end to end accountability for middle and back office oversight across all investment products (funds and DPM), spanning trade execution support, post-trade processing, fund accounting oversight and client, regulatory and risk reporting.
• Own the integrity of the Investment Book of Record (IBOR) and the oversight of the Accounting Book of Record (ABOR), ensuring data accuracy, operational integrity and a single trusted view of positions, cash, performance and exposures across the platform.
• Lead the operational delivery of product development and fund launches, translating client and distribution demand for new funds and DPM solutions into approved, launched and fully serviced products.
• Oversee outsourced service providers (fund administrators, custodians, registrars, brokers) across product and operational matters, holding them to agreed service levels, quality and regulatory standards.
• Drive the data, automation and AI agenda across investment operations, in partnership with Technology & Data, acting as change agent for a scalable, industrialised operating model.
• Live and demonstrate the FAB AM values.

• Middle office and trade life cycle: Oversee trade execution support and the full post-trade life cycle across asset classes for funds and DPM portfolios, including trade capture, confirmation, matching, settlement and fails management, corporate actions and income processing.
• IBOR, ABOR and OMS integrity: Ensure data accuracy, system updates and integrity of records across the IBOR, ABOR, OMS and middle office systems, including daily cash, position and holdings reconciliations with custodians, brokers and fund administrators.
• Fund accounting and back office oversight: Oversee outsourced fund accounting and administration, including NAV review and sign off, pricing and valuation controls, expense accruals, tax and fee processing, total expense ratio monitoring, transfer agency, registrar and shareholder dealing activity.
• Product development and fund launch: Lead the operational workstream of the product life cycle, from client or distribution demand for a new fund or DPM solution, through New Product Approval, structuring input, operating model design, service provider onboarding, account opening and seed funding, to launch and post-launch stabilisation.
• Fund life cycle events: Manage share class launches, fund restructurings, mergers, closures and changes of service providers end to end, together with fee and total expense ratio modelling across asset scenarios with Product and Finance.
• Operational Partner oversight: Oversee product life cycle and operational activities of sub-advisory investment partners (e.g. Amundi, T. Rowe Price, Victory Capital), including trade and data flows, guideline monitoring, operational due diligence, incident management, periodic service reviews and escalation.
• Service provider and outsourcing governance: Own outsourcing governance for fund administrators, custodians, registrars and brokers, including service level agreements, KPI reporting, fee and contract reviews, and adherence to CMA and SCA outsourcing requirements.
• Client reporting: Own client reporting across funds and DPM, including valuations, statements, factsheets, performance and holdings reporting; support institutional client onboarding and servicing and resolve operational queries end to end.
• Regulatory, financial and risk reporting: Deliver regulatory and financial reporting through structured data gathering and formatting for Compliance, Finance and Risk, including exposure, liquidity and breach reporting to governance forums.
• Platform implementation: Act as operations lead for the…