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

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

• Extensive leadership in investment management, fund governance or ACD services within the UK market.
• Proven board-level experience, ideally as SMF3, shaping strategy, governance and investment decisions.
• Deep knowledge of investment operations, trading, derivatives and FCA regimes (UCITS, AIFMD, MiFID II).
• Expertise in investment risk, product governance (Assessment of Value, Consumer Duty) and CASS oversight.
• Track record delivering fund launches/closures and high-quality fund literature.
• Ability to chair governance committees and manage significant third-party oversight.
• Educated to degree level; postgraduate/professional qualifications (e.g., CFA, MBA, CISI) advantageous.
• Inclusive leadership and strong communication skills.