Senior Manager - Fund Operations

Vacancy Name
Senior Manager - Fund Operations

Location(s)
Wexford

Employment Type
Permanent

Department
Client Operations

Description

We are seeking an experienced fund professional to join our Fund Operations team as a Senior Manager, based in Ireland. In this pivotal role, you will help to lead and shape the operational strategy for Carne Management Company/AIFM, ensuring robust execution of delegate oversight regulatory obligations and responsibilities at both strategic and operational levels.

This position can be based out of our Wexford or Kilkenny offices.

What is your role and your responsibilities?

• Support the end-to-end oversight of fund operations activities, ensuring operational deliverables are executed accurately, efficiently, and in accordance with applicable regulatory obligations, client expectations, and Carne Group procedures.

• Oversee incident management processes, ensuring breaches, errors, and operational issues are promptly identified, logged, assessed, escalated, remediated, and closed in line with governance standards.
• Champion a client-focused service model by resolving complex queries, strengthening stakeholder engagement, and driving continuous improvement across day-to-day service delivery.
• Oversee private markets operational activities, including portfolio capital calls, distribution approvals, investor drawdowns, and related fund-level transactions.
• Manage and provide governance oversight of key fund events and operational processes, including share class dividend distributions, proxy voting, powers of attorney, swing pricing, anti-dilution levy processes, and in specie transactions.
• Supervise currency management activities and monitor market openings, closings, and fund calendars to support accurate and timely operational execution.
• Oversee liquidation-related activities, including monitoring receivables, payables, residual cash balances, account closures, and the return of residual cash to investors.
• Contribute to the development and enhancement of fund operations processes, controls, reporting, and governance frameworks, supporting operational resilience and regulatory compliance.

What are the minimum requirements you need for the role?

• 5-7 years experience in fund operations, fund administration, Middle Office, Depositary, ManCo/AIFM oversight, or a related financial services environment, with a strong understanding of operational governance, delegate oversight, and regulated fund structures.

• Proven experience overseeing operational processes across ManCo funds, including incident escalation, fund events, and service provider performance.
• Strong technical understanding of fund operations activities, capital calls, investor drawdowns, distributions, swing pricing, anti-dilution levy processes, in specie transactions, proxy voting, and liquidation-related activity.
• Demonstrated ability to assess operational risks, challenge fund administrators, investment managers, delegates, and internal stakeholders, and ensure issues are appropriately documented, escalated, remediated, and closed.
• Excellent analytical and problem-solving skills, with strong attention to detail and the ability to interpret complex operational data, identify exceptions, and support sound governance decisions.
• Strong stakeholder management and communication skills, with the ability to build effective working relationships with clients, delegates, service providers, internal teams, and senior management.
• Proven ability to lead teams, manage competing priorities, and deliver high-quality outcomes in a fast-paced, deadline-driven operational environment.
• Experience contributing to process improvement, control enhancement, reporting, and governance frameworks, with a focus on operational resilience, regulatory compliance, and continuous improvement.
• Good working knowledge of relevant regulatory obligations, reporting tools, document management systems, and Microsoft Office applications.
• Interest in leveraging automation, AI tools, and innovative technologies to enhance oversight, improve efficiency, and support informed decision-making.

What competencies do you require?
Effective Communication and Stakeholder EngagementCommunicates clearly and confidently with clients, delegates, service providers, internal teams, and senior management, ensuring operational matters, risks, and escalations are explained in a professional and timely manner.Planning, Organisation and ExecutionPlans, prioritises, and oversees operational deliverables effectively, ensuring NAV reviews, fund events, incident actions, and service provider follow-ups are completed accurately, efficiently, and within agreed timeframes.Analytical Judgement and Attention to DetailAnalyses complex fund operations data, NAV movements, tolerance breaches, incidents, and fund event information to identify exceptions, assess root causes, and support well-documented governance decisions.Governance, Risk and Control MindsetApplies strong governance discipline by identifying operational risks, challenging exceptions, maintaining robust documentation, and ensuring issues are escalated, remediated, and closed in line with control expectations.Resilience and PrioritisationMaintains focus and sound judgement when managing competing priorities, time-sensitive operational issues, client expectations, and incident escalations in a fast-paced environment.Leadership and AccountabilityTakes ownership for delivery, provides clear direction to others, supports effective team performance, and drives timely resolution of operational matters through appropriate follow-up and challenge.Quality and Operational ExcellenceDemonstrates a commitment to accurate, timely, and high-quality outputs, with a focus on strengthening operational controls, enhancing processes, and supporting consistent service delivery.Client and Service Provider FocusBuilds effective relationships with clients, delegates, and service providers, ensuring queries are resolved constructively, service standards are upheld, and operational issues are progressed to conclusion.Continuous Improvement and InnovationDemonstrates curiosity and initiative in identifying opportunities to improve processes, enhance reporting, strengthen oversight, and leverage automation or technology to support informed decision-making.

Who is Carne Group?

Carne Group has established itself in the funds industry with $2tn in AUM supported by 600+ staff and four regulated management companies. Together with a large team of industry specialists, Carne serves more than 650+ traditional and alternative asset management clients from key fund jurisdictions and financial hubs including Ireland, Luxembourg, Zurich, Lisbon, London, New York, Cayman and Channel Islands.

Excellence and innovation are central to Carne's work and we are committed to attracting and retaining the best talent to deliver an unrivalled service to our clients. Whilst working with Carne, you will be provided with opportunities to develop your skills and experience by working in a dynamic, innovative, and multicultural environment where exciting careers are built.

We love hearing from anyone who is enthusiastic about changing the asset management industry. Not sure if you meet all the requirements? Let us decide! Research shows that members of other under-represented groups tend not apply to jobs when they think they may not meet every qualification, when in fact, they do! At Carne we are committed to creating a diverse and inclusive environment and strongly encourage you to apply.