The successful candidate will manage a small team and work closely with senior finance, compliance, risk, technology and business stakeholders. The position may suit someone currently operating at Manager or Senior Manager level who is ready to take broader ownership of an established function.

Candidates from insurance investment operations, investment accounting, investment audit or financial services assurance backgrounds may be considered.

Key Responsibilities

Lead and develop a small team supporting asset control and custodian operations
Oversee relationships and operational requirements with appointed custodian banks
Review custodian statements, portfolio positions and investment data
Ensure investment positions are accurately uploaded into internal systems
Monitor fee calculations, fee collection and related operational controls
Review investment portfolio information and operational reporting
Manage the timely preparation and delivery of policyholder statements
Review and approve special investment arrangements
Perform pre-compliance checks for new portfolio investments
Assess the eligibility and suitability of private equity, private debt, funds and other special investments
Review fund prospectuses, subscription agreements, policy directives and investment documentation
Support investment-related AML/KYC and due diligence assessments
Evaluate whether proposed investments meet internal, legal and regulatory requirements
Monitor the existing private equity and special investment portfolio
Investigate system exceptions, reconciliation issues and data discrepancies
Work with technology stakeholders to resolve root causes and implement appropriate controls
Establish temporary workarounds and compensating controls where system issues arise
Review and improve processes, procedures, controls and service-level agreements
Explore opportunities to use AI, automation and data tools to improve reconciliations, document review and operational efficiency

Requirements

Bachelor's degree in Accounting, Finance, Banking, Business or a related discipline
Approximately eight years of relevant experience, with flexibility depending on the candidate's background
Experience within insurance, insurance audit, investment operations, investment accounting, custody, fund operations or financial services assurance
Understanding of investment products such as bonds, funds, private equity, private debt or other alternative investments
Experience reviewing investment portfolios, valuations, reconciliations or custodian information
Exposure to investment-related AML/KYC, compliance, onboarding or due diligence would be advantageous
Comfortable reviewing detailed investment, legal and regulatory documents
Strong operational risk, control and problem-solving capabilities
Previous team leadership or supervisory experience
Strong stakeholder-management and communication skills
Curious, adaptable and willing to independently research unfamiliar investment structures
Interest in using AI, automation or analytics tools to improve processes and controls

Ideal Candidate Profile

The Position May Suit One Of The Following Profiles

A Manager or Senior Manager from an insurer's investment operations, investment accounting or middle-office function
An investment operations professional with custody, portfolio-control or special-investment exposure
A Big Four Audit Manager who has audited insurance companies, investment portfolios, funds or financial instruments
An investment or asset-management auditor looking to move into an operational leadership position
A finance professional with strong insurance investment-accounting and control experience

The hiring manager values auditors because they are accustomed to working across accounting, controls, compliance, risk assessment and detailed document review.

Candidates do not need to have performed every component of the position previously. Intellectual curiosity, versatility and the willingness to learn unfamiliar investment structures are particularly important.

Why Apply

Broad ownership across investment operations, asset control and special investments
Direct exposure to senior finance and executive leadership
Opportunity to lead and develop an established team
Exposure to private and public investment structures
Scope to improve systems, controls and operating processes
Opportunity to introduce AI, automation and data-driven improvements
Suitable step-up opportunity for an experienced Manager

Apply Now

Asset Control & Investment Operations Manager