Head of Fund Services, Board Director, Wealth Management in City of London

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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