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The Manager – Delegate Oversight will assist with the management of ongoing and large-scale operational risk deliverables within Waystone Management Company business, covering ACD responsibilities. The role will oversee a range of delegates of Waystone, will ensure the ongoing regulatory compliance for all of these delegates and work in a supportive role within the team for existing, new, and potential mandates (supporting the broader European operations). It will involve working with external parties to ensure that on-going risk monitoring and compliance requirements are being adhered to.
Job Responsibility
To perform the initial written due diligence on the 3rd party delegates
To actively question and assess 3rd parties to identify and manage risks
To conduct the due diligence visits onsite at the offices of 3rd party delegates
To monitor the implementation of the control arrangements in place with the delegates
To ensure that the delegates have implemented the latest regulations
To prepare monthly detailed MIS reporting to the Senior Management within the ACD
To engage with cross-functional teams at various levels to ensure cohesive oversight
To actively question methods and processes with the key to making the team more effective and efficient
Requirements
Good understanding of UK regulatory framework and willingness to attend industry training and corporate events
A working knowledge of fund management operations
a sound knowledge of the risks entailed in the investment processes A-Z and the financial instruments deployed to gain exposures
At least five years of experience in the fund industry (Asset Management, Audit firms, Management Company etc)
Problem solving oriented person
Excellent writing, presentation and communication skills