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Operational Risk Manager

  • Location: Dublin
  • Salary: £75000 - £95000 per annum + Bonus, Benefits, Health, Pension etc
  • Job type: Permanent
  • Ref: MFOPSR223
  • Recruiter: Matthew Fitzpatrick

Operational Risk Manager - Asset Manager - Dublin

Having recently established a footprint in the domestic market, our client, a leading global Hedge Fund with offices across the US, UK and European markets is now keen to attract a strategically important hire in the shape of an enthusiastic Operational Risk Manager who is keen to assist in the growth of the Dublin operation.


  • Acting as a DP and carrying out the duties and obligations per managerial function as described in the Business Plan and required under CBI Rule with a PCF 39 distinction.
  • Providing support to the Designated Person for Distribution and Capital and Financial Management managerial functions
  • Responsible for the production of periodic reporting to the Board as required per managerial functions
  • Review monthly reporting from the fund delegates as required under the Business Plan and investigate matters as they arise
  • Monitor the performance of the service providers in line with the SLAs in place
  • Escalate any material issues to the Board and assist in the resolution of such issues
  • Review and update the Business Plan and relevant policies and procedures as required, to reflect the ongoing activities of the management company

Ideally you will have:

  • Minimum 5 years' experience in the asset management/audit industry with preferably, experience of the management company business and may have performed a Designated Person role at another company.
  • Be able to consult and liaise on management company matters with all levels of staff and be capable of effective communication with external organisations and service providers
  • Experience of due diligence practice and procedures to monitor service providers
  • Knowledge of AIF / UCITS strategies and the distribution / promotion of these fund structures
  • Knowledge of the CBI requirements in relation to fund management companies
  • Be eligible for pre-approval by the CBI as a Designated Person (PCF 39) and to meet the relevant CBI Fitness & Probity standard.


The opportunity is an unrivalled one where you will act as the 2IC within the office reporting to the MD and will add value in terms of developing and growing the office as well as taking ownership for all Operational Risk aspects.


For further information please contact Matt Fitzpatrick at Marks Sattin in Dublin or apply below.

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