Compliance Manager Funds



Current location


Work category

Banking Insurance and Financial Services



Manager with a proven track record in a leading Global Fund Administration Company. Gained wide experience as he progressed through Custody, Trustee to a leadership position in Compliance. Implemented significant change in all his roles as he used technology and insight to create improvement in business processes. am a Compliance/Trustee Manager who has acchieved success where budgets and/or time were constraints. I have progressed my career to date by knowing how to get the best out of the systems and people I work with and for. This has in all cases increased income and/or reduced costs.

familyman's Professional Experience

2005 - 2009

Compliance Manager Funds

My role was to 1) lead a Fund Compliance Team of two which checked and reported on how well funds were adhering to international regulations as stated in their documentation, 2) lead Fees Processing Team of four who paid fees to Clients using specified guidelines and 3) project manage strategic company initiatives.
 Implemented a new TA Agency platform (NTAS) within a four month period following the withdrawal of our previous platform at short notice. The new platform provided an upgraded performance fee calculation engine, automated/online reporting and enhanced AML functionality. Initial capital investment was €500,000 with ongoing licence fee of €250,000.
 Set up an industry-standard Fund Compliance Department. The Department had a Due Diligence Programme, Client KPI Reporting, Investment Restriction/Policy Compliance checks and advised the board on FR/IFIA compliance updates. The new capability became part of Daiwa’s offering to prospective New Clients and became the Financial Regulator’s point of contact with the Company.
 Devised and implemented a new Cash Reconciliation and Escalation process for the Valuations Department. The new process was an instant success and, was later adopted by the Shareholder Services Department. It was later complemented by the Auditors when the Company moved from SAS 70 Type 1 to Type 2.
 Created a new Performance Fee methodology which was requested by an important Client. Worked closely with the Client and the TA platform provider and delivered a new methodology for Daiwa which retained the Client, expanded the Client’s portfolio and was used as a selling point in the market.
 Reduced processing errors in the Fees Processing Department from 3 per month to nil, within three months of my appointment by introducing new checks, new processes and re-training Staff. Received highly complementary feedback from Clients and Senior Management.

Key Skills
Investment Restriction Specialist Performance Fee Analyst Project Management Reconciliations Specialist Transfer Agency Analyst VB for Excel specialist
1997 - 2005

Trustee Assistant Manager

Progressed to overall management of Trustee Services where I led a Team of four. We had 150 Unit Trusts - 120 Cayman, 15 European and 15 Irish.
 Implemented changes within the Trustee Services Department which brought it into line with the industry standard:
- partially automated restriction checking using Bloomberg
- set up a breach log
- established a relationship with Irish and International Financial Regulators
 Replaced the London Global Sub Custodian network with BBH Custodial Services. BBH had a better credit rating profile and helped to stabilise and enhance our profile within the market place.
 Devised enhanced investigative processes for the transfer of Custodial account registers from the Dublin to the London office. These processes reduced the turnaround time of the transfer project from 3 months to two weeks.
 Transferred share registers from spreadsheets to an Access database. This ensured records could not be overwritten, enhanced reporting capabilities, provided a more manageable fee rebate solution and significantly reduced manual processes.
 Automated the Bank reconciliation process for the Finance Department. The automation reduced the reconciliation process from 4 hours to 10 minutes a day.

Key Skills
automation Bank reconciliation finance
1990 - 1996

Operations Manager

Reporting to the Principal, I managed the day-to-day running of the business.
 Implemented computing solutions across all areas within the business.
 Achieved the ISO 9001 mark.
 Achieved lucrative contracts including; refurbishment of the GPO and the fit out of Government Buildings.
 Reduced accidents to zero by implementing new Health and Safety policies.

Key Skills
ACC Accounts Manager CLU Credit Control Human Resources Manager Quality Control

familyman's Education and Qualifications


Certificate - First Line Management

Optimum Results


Diploma - Financial Services and Products

Institute of Bankers


Certificate - Finacial Services

Institute of Bankers


Certificate - Investment Advice

Institute of Bankers


Certificate - Mutual Funds

Institute of Bankers


Certificate - Quality Auditing



Certificate - Quantity Surveying and Estimating

Construction Industry Federation


Bachelor/Degree - Commerce