Head of Fund Services, Board Director, Wealth Management

Logan Sinclair; Greater London; On-site; GBP 100,000 - 150,000; Full time

Job summary

A leading wealth management firm in the UK is seeking an Executive Director to oversee fund services and investment operations. This role necessitates strategic leadership and robust governance, focusing on product oversight, risk management, and compliance. The ideal candidate will drive initiatives to ensure both compliance with industry standards and positive client outcomes. Involvement with regulators and a strong background in CASS oversight are paramount for success in this position.

Qualifications

• Proven experience in fund services and investment operations.
• Strong knowledge of compliance, client asset management, and governance frameworks.

Responsibilities

• Serve as Executive Director (SMF3) on the ACD Board, providing strategic leadership.
• Lead product governance, including product reviews and Consumer Duty reporting.
• Manage third-party oversight of administrators and custodians under SLAs.
• Design and maintain the CASS governance framework.
• Oversee limits and restrictions for investment activities.

Job description

Our client is a UK Wealth Manager with an internal A structure seeking a board-level leader to head fund services and investment operations. The role drives product governance and risk, ensuring robust compliance and positive customer outcomes. SMF3 accountability and CASS oversight are central.

Responsibilities

• Serve as Executive Director (SMF3) on the ACD Board, providing strategic leadership, governance and oversight.
• Lead product governance, including product reviews, Assessment of Value, Consumer Duty reporting and TCFD.
• Manage third-party oversight of administrators, custodians and transfer agents under robust SLAs.
• Hold prescribed responsibility for Client Assets; design and maintain the CASS governance framework.
• Maintain an investment risk framework; oversee limits and restrictions (UCITS, NURS) and derivative use.
• Partner with the CIO to ensure investment activities align with mandates and client interests.
• Oversee fund operations : fund accounting, valuations, NAV, trade processing and record-keeping.
• Act as Board escalation point for CASS audits, breaches and remediation; engage with regulators and auditors.
• Lead strategic and operational change initiatives; chair or contribute to key risk and product forums.

Requirements

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