Financial Reporting Consultant - Europe Fund Admin & Oversight

What is FTS European Fund Administration and Oversight Team responsible for ?

FTS European Fund Administration and Oversight team is responsible for:

Administration and Oversight of European funds as well as GFAO global governance framework. We are looking now for a Governance & Oversight Consultant to join the governance team within GFAO, which is focused on assisting the senior management to run a global governance and oversight framework from the Fund Administration perspective. This role includes among others reporting to the FTIS Luxembourg Management Company and European Funds’ Boards. This is a good opportunity to gain a solid knowledge of the wider European fund industry, the EU regulatory environment and overall global governance best practices. It gives a great exposure to wide range of business partners and leaders across the organization globally, as well as provides an opportunity to support strategic projects.

What are the ongoing responsibilities of Financial Reporting Consultant - Europe Fund Admin & Oversight?

Monitoring and Oversight

• Plan and execute regular global and local due diligence events over FTS, depositaries, custodians, third party administrators (like JPM and BNYM), and other GFAO vendors (including pricing vendors, tax vendors, Confluence etc). The process includes coordinating DDQ and agendas with various stakeholders, due diligence meetings and writing wrap-up reports
• Support reviews of SOC1 reports for GFAO vendors
• Support vendor scorecard framework
• Ensure proper EMIR oversight, working closely with FT vendors in this respect
• Ensure proper review of vendor SLDs and KPIs related to depositaries, custodians, third party administrators and other vendors
• Actively support work of various FTS committees (e.g. Swing pricing committee, Valuation Committee, Fund Governance Committee).
• Support other various governance and oversight activities as appropriate.
• Work individually and in cooperation with relevant functional teams in order to ensure the effectiveness of their processes, procedures and arrangements.
• Ensure the due diligence framework is robustly maintained and documented.
• Continuously assess and improve, if necessary, all aspects of the oversight framework, including TPA oversight. Develop practical scalable solutions to develop governance and oversight processes.
• Provide quality customer service and build relationships with different business partners across FT.
• Develop and maintain various PBI dashboards as well maintain and develop other automated tools, including power automate, AI driven solutions.

Board Reporting

• Analyse results of oversight work and draft relevant reports for the attention of the FTIS Conducting Officers and the Boards.
• Support the periodic and ad hoc reporting to the FTIS and Fund Boards. Coordinate with other functional groups to ensure consistency throughout the Board Pack.
• Ensure all deliverables are provided on time, track actions arising and follow up on them.

Corporate/Cross functional level activities relating to Fund Administration oversight

• Participate in various projects related to governance and oversight.
• Own and respond to selected requests for due diligence from external parties on Fund Administration. Work with lines of business to determine appropriate due diligence responses; manage and maintain database of responses; determine non-disclosure arrangements and draft/manage responses.
• Provide other support to FTS Senior Leaders and FTIS Conducting Officers as required