Director of Fund Finance Director of Fund Finance …

One Ten Associates
in London, England, United Kingdom
Permanent, Full time
Last application, 16 Jun 19
Competitive Base + Bonus + Benefits
One Ten Associates
in London, England, United Kingdom
Permanent, Full time
Last application, 16 Jun 19
Competitive Base + Bonus + Benefits
We are currently assisting a market-leading Private Debt fund who are seeking to appoint a Director of Fund Finance in London. This role will be responsible for teams in Europe and the US. You will have team leadership experience, knowledge of fund finance (ideally with a track record of working with both IFRS and US GAAP) and have the gravitas to deal with Investors and senior stakeholders within the business. This is an incredible opportunity for a senior finance professional to elevate their career with a leading Fund and also work with a clearly identified trajectory to MD-Level.

This role is a global high-profile role covering both US and Europe encompassing a range of responsibilities involving a core financial reporting and operational aspect with commercial aspects.

Responsibilities include but are not limited to:

Financial Management

  • Oversight of technical papers and analysis
  • Responsibility for the delivery of weekly, monthly and quarterly reports to investors;
  • Oversight of audits and auditor relationship;
  • Oversight of the delivery of multiple sets of annual financial statements (in accordance with IFRS, US GAAP and Lux GAAP); and
  • Financial reporting process enhancement.


  • Negotiation of subscription facilities for new funds and extensions of current facilities with facility providers;
  • Negotiation with FX counterparties and counterparty diversification;
  • Oversight of FX outsource providers;
  • Enhancement to cash management;
  • Oversight of covenant reporting; and
  • Banking relationship management.

Team and People Management

  • Oversight of a team in London and New York;
  • Performance and career management;
  • Leading the team restructuring as part of a broader enhancement process;
  • Recruitment; and
  • Coaching and training.

Board Liaison

  • Presentations at quarterly Valuation and Financial Reporting meetings;
  • Structuring of Board meeting timetable;
  • Timely delivery of high-quality financial information to the Boards;
  • Ongoing liaison and relationship management with Board members; and
  • Review of annual regulatory filings and declarations.

Relationship management and oversight of the financial information provision to the broader business

  • Portfolio Managers;
  • Compliance (including input into AIFMD reporting);
  • Marketing and Investor Relations;
  • 3rd party AIFMs; and
  • Investors.

Administrator and 3rd Party Service Provider management

  • Relationship development and management;
  • Rationalisation of administrator providers;
  • Cost Assessments across the various internal platforms;
  • SMA operational set up;
  • Administrator appointment and due diligence
  • Negotiation of SLA’s with Administrators;
  • Overseeing the development of KPIs to monitor Administrator performance, especially with regarding to timeliness and quality of deliverables;
  • Leading regular Administrator performance feedback meetings;
  • Review of Controls reports ; and
  • Involvement in the Auditor and Administrator coordination

Special projects and restructuring

  • Definition and development of target operating model;
  • Administrator evolution and assessment to align administrator
  • arrangements to planned target operating model;
  • Operational set up of New funds and SMAs
  • Operations Budgeting;
  • Special projects including:
    1. Executive Reporting;
    2. SMA onboarding;
    3. IT / WSO enhancement;
    4. Black Mountain;
    5. Fund Finance Reporting to OpComm;
    6. Process documentation and standardisation;
    7. Process enhancement to facilitate scalability;
    8. SOC 1 Control reporting project; and
    9. Workflow management