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Head of Fund Services, Wealth Management, London (12mo FTC) | London, UK

Non-disclosed

London

On-site

GBP 200,000 +

Full time

29 days ago
Job description
Head of Fund Services, Wealth Management, London (12mo FTC)
Head of Fund Services, Wealth Management, London (12mo FTC)

Our client, a wealth management business, is seeking a Head of Fund Services within the ACD operations. The successful candidate will hold SMF 3 function, and drive strategic direction across fund services and investment operations, playing a central role in shaping business strategy and risk frameworks. This senior leadership board-level position requires someone who can navigate complex regulatory environments while leading a high-performing team and ensuring the delivery of optimal client outcomes.

Key Responsibilities

  • Lead as Executive Director (SMF 3), ensuring regulatory compliance and strategic oversight
  • Direct all product governance activities including reviews, value assessments, and consumer duty obligations
  • Oversee new product launches, fund closures, and corporate projects
  • Establish and maintain comprehensive investment risk management frameworks with clear escalation procedures
  • Monitor investment performance metrics, regulatory compliance limits, and trading activities across all funds (UCITS and NURS)
  • Hold responsibility for CASS oversight and money handling under SMCR, designing and implementing governance structures
  • Oversee day-to-day fund operations including fund accounting, valuations and NAV calculations, settlement and trade processing, and record management
  • Manage relationships with external service providers ensuring service quality and contractual compliance
  • Champion transformation initiatives across operations and technology platforms

Requirements

  • Board level senior leadership experience with 15+ years in asset management, fund administration, or related ACD functions
  • Proven track record as SMF 3 or equivalent senior management function within FCA-regulated environment
  • Previous CASS oversight experience with prescribed responsibility (PRz)
  • Board-level experience with demonstrated success in strategic planning and corporate governance
  • Strong technical knowledge of investment products, operational processes, and UK regulatory landscape
  • Strong people leadership ability
  • Commercial mindset combined with analytical rigor and sound decision-making capabilities
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