Senior Performance Fee Consultant (Dublin)

ROLE

The Global Performance Fee Review Group was established on September 1st 2013. The Group’s principal role is to oversee the control and governance processes in place in relation to performance fees. The Group is headed by Aileen Murphy and the successful candidate will be reporting to Aileen Murphy.

PRINCIPAL RESPONSIBILITIES

• Doing cold review of performance fee calculations to ensure the calculations are in accordance with fund legal documentation and client expectations
• Reviewing Performance fee period end calculations and the subsequent period end rollovers
• Assist with the oversight of the controls of performance fees due for sign off
• Working with the Sales and New Business Teams with regard to the take on of any new business with performance fees
• For existing clients, work with the Relationship and Fund Accounting/Transfer Agency teams in relation to any new or proposed changes to performance fees
• Assist with the overseeing of the development of business knowledge and capability in relation to performance fees including training and training material
• Assist with the maintenance of procedural documentation in line with best practice and bring standardisation where possible, with particular emphasis on detailed controls and procedures in relation to review of performance fees calculations at period end
• Assist with any work the Group will do with Audit and the Fund Accounting teams to deliver on any audit findings in relation to performance fees
• Assist with the Group’s work with local management teams in overseeing the transition and planned migration of fund’s and client performance fee calculations onto automated solutions
• Assist with the Group’s work with Global Product and Strategy to promote the continual development and enhancement of automated solutions for performance fees

SKILLS / EXPERIENCE

Experience

• Must have a detailed knowledge of the different types of performances fees used by Funds
• Must have strong experience in the investment industry preferably fund accounting acquired through working in the fund administration, asset management or securities operations industry or audit industry
• Proven track record in a technical role in a Funds Administration or Investment Management Company
• Demonstrates leadership qualities and ability to motivate a virtual team.
• Strong communication, first class presentation and internal and external client-servicing skills
• Evidence of successful negotiation skills

Systems

• Strongly preferred to have experience with Microsoft excel
• Detailed Knowledge of Enterprise or other related Fund Accounting Applications and how performance fees are administered
• Understanding of how Fund Accounting systems link and interface to other systems and an appreciation of how to implement such interfaces e.g. Transfer Agency systems

Process Skills

• Ability to provide input into long term strategy for Group

Client Service

• Experience of representing businesses to current clients via presentations etc.
• Instil a client service culture among staff and ensure that all clients receive a quality service

People Management

• A collaborative approach to dealing with management at various levels across locations in the organisation
• Experience in delegating responsibility to same whilst maintaining control
• Ability to work in a virtual team environment
• Experience of designing and implementing training plans and process enhancements for great scalability and efficiency while minimising risk
• Effective communication skills

Business Management

• Identify solutions to performance fee problems across all areas of the business and work jointly with other managers to implement them

Personal Development

• Have the ability to develop further as the business grows
• Genuine committed interest in own career development

Qualifications

• Relevant Professional Qualifications
• Managerial & PC skills training

Personal Qualities

• Disciplined, authoritative, determined
• Enthusiastic, good communicator, coach, mentor
• Confident, well-balanced and resilient
• Must be approachable and gain respect
• Results-oriented, ambitious, highly driven
• Enthusiasm to improve company performance and systems
• Staff motivator and trainer
• Ability to think and act creatively
• Identifies solutions as well as issues
• Takes initiative to improve areas outside of immediate responsibilities

About Northern Trust

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Working with Us:

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company that is committed to strengthening the communities we serve!

We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why Forbes ranked us the top employer for Diversity in 2018.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and ethical companies. Build your career with us and apply today.

For further information, and to apply, please visit our website via the “Apply” button below.