Operations Consulting Manager - Asset Management (FS)
Who we are looking for
In support of our growth, PwC's Consulting practice is currently recruiting Managers, who will focus on the Asset Servicing & Asset Management (ASAM) sector, into its Operations Consulting team.
As a Manager you are expected to primarily work on client engagements, contributing to and leading workstreams within larger Operational Transformation projects (delivery), although you will also spend some time developing OT solutions in the ASAM area (development).
Our ASAM client base covers a breadth of organisations spanning: Traditional & Alternative Fund Managers, Fund Service Providers (Administrators, Transfer Agents, Depositaries, etc…), Prime Brokers and Custodians. These are primarily large multinational organisations who are leaders in their respective markets.
We helps organisations deliver on their strategic objectives and respond to market and regulatory changes by supporting the development and implementation of innovative operating models which can deliver the required change. Example engagements include:
Design and implementation of a unique physical Prime Brokerage operating model which drew on lessons learned from the Lehman Brothers failure
Supporting the CEO and COO of a global Asset Manager to achieve 20% cost reduction across their global operations
Managing the full RfP and vendor selection process for the front to back technology platform of a start-up Hedge Fund
Design of a new operating model for a new Fund Services business, bringing together a leading UK Depositary and Luxembourg based ManCo business
Supporting a number of Fund Service providers to implement the operational changes required under the new AIFMD regulations
You will be part of a small specialist team, within the wider Financial Service cluster, who are highly motivated, have an excellent track record of delivering high quality work and has ambitious growth plans for the next few years.
Other more general skills we are looking for include general consulting skills, an understanding of contemporary themes in the ASAM sector and a track record of delivery within a similar environment.
About the role
This role will be mainly client-based, developing teams and leading/ supporting transformational work and change engagements as well as supporting business development responsibilities.
Contributing to Operational Transformation change projects and taking leadership roles for workstreams in mixed PwC/ client teams
Supporting continued thought leadership to ensure that appropriate solutions are developed for our ASAM clients
It is likely that your work will be part of wider transformational programmes and hence exposure to other competencies (Technology, Regulatory etc…) is desirable
Identifying client needs and working with senior team members to propose solutions to them; and
Supporting the continued development of the ASAM practice;
Essential skills required:
Significant relevant operational change leadership experience with one or more of the following types of organisation: Traditional or Alternative Fund Manager, Fund Services Provider, Prime Broker or Custodian;
Strong understanding of the role of all of the key players in the ASAM value chain and across the lifecycle of a trade
A good understanding of fund types (OEIC, UCITS, Hedge etc…), typical associated trading strategies and key differences;
Knowledge of the asset classes and products that funds typically invest in (Equities, FI, Derivatives Real Estate, etc…)
Familiarity with key systems and infrastructure used by ASAM businesses
Knowledge of the key trends and regulatory changes shaping the Fund Services industry
Demonstrated experience of managing small teams.
Desirable skills required:
Education to degree level;
Additional qualifications such as ACA/ ACCA/ CIMA/ MBA are highly valued but not essential;
Confident approach, self motivated with excellent interpersonal and communication skills (both verbal and written);
A flexible and team focused working style within a multi-functional team;
Preference will be given to candidates with well demonstrated external consulting experience;
Demonstrable end to end project management lifecycle experience (design, build, implementation);