TMF

TMF Group is a leading provider of critical administrative services, helping clients invest and operate safely around the world. Our 11 000+ experts and 125+ offices in 87 jurisdictions worldwide serve corporates, financial institutions, asset managers, private clients and family offices, providing the combination of accounting, tax, payroll, fund administration, compliance and entity management services essential to global business success

TMF Fund Management Company (Ireland) Limited is regulated by the Central Bank of Ireland and manages 15 umbrella funds with 71 sub-funds. It is a fast-growing third-party fund manager, primarily focused on alternative strategies such as real estate and private equity, alongside some UCITS, supported by an in-house portfolio management team.

We are seeking a Designated Person (PCF-39E) for Distribution, a CBI-regulated role.

This dual role suits a legal or compliance professional with strong attention to detail, regulatory interpretation and drafting skills, and experience reviewing legal documents. The role involves client interaction, independent work within a team, and supporting operational compliance. Most funds are closed-ended and not actively marketed, though growth in distribution activities is expected.

The primary focus of the role will be:

• Oversight of Distribution where delegated (delegates)
• Performance of Distribution where retained
• Quarterly reports to the board
• Attendance and Presentation to Board of Directors (Draft Distribution Memo to Board of Directors (new fund/ sub-fund launch/ revised distribution strategy – templates available for use)
• Record keeping distribution agreements/ distribution channels
• Ensuring compliance with CBI regulatory procedures
• Keep up-to-date on regulatory changes
• P&P review
• Dissemination of Pre-marketing material/ Marketing Material
• Maintenance of Records

Funds Operational Compliance Responsibilities:

• Draft and maintaining adequate policies & procedures, guidance and checklists to ensure compliance with TMF’s legal & regulatory obligations
• Assisting/ delivering an annual compliance business plan to the Board/ or Senior Leadership Team as required
• Developing, maintaining and actioning a compliance monitoring programme for TMF that takes into consideration all areas of fund management activities Developing and maintaining a robust effective compliance framework such that TMF operates all fund management activity in a CBI regulated compliant manner and in accordance with applicable policies and procedures
• Conducting and overseeing internal reviews and periodic testing to ensure that compliance procedures are followed. Working with internal audit on testing of compliance framework and controls
• Carrying out compliance risk assessments to enable a risk-based approach to the scope of the monitoring programme and the establishment of priorities to ensure that compliance is comprehensively monitored
• Driving improvements in compliance awareness through the evaluation of needs, and delivering a training and development programme, with input from compliance monitoring program, and internal or external audits
• Maintain accurate compliance registers (e.g., conflicts of interest, PEP, connected and related parties)  
• Manage compliance calendars and manage and oversee CBI ONR reporting
• Provide support to the BII Head of Governance, Risk, Compliance and Legal as appropriate
• CDD review and AML projects
• Perform the role of MLRO
• Deliver timely reporting to clients and the boards and attendance at board meetings

Key Business Expertise and Candidate Profile:

• Knowledge of Funds
• Knowledge and experience working in third-party management companies
• AIFMD, UCITS, CP86 Fund Management Company Guidance/Pre-Marketing/UCITS KIIDS/PRIPS KIDS/CESR, SFDR, EMIR, AML, Fitness & Probity, IAF, Outsourcing
• Sufficient experience and expertise (incl. escalation of matters requiring judgment)
• Comply with Fitness & Probity Standards
• Comply with IAF Framework
• Appointment subject to CBI Clearance

Operation Excellence:

• Executes business strategy in line with guidance set out by senior management, ensuring sustainable and, where appropriate, profitable results
•  Would be seen within immediate team as a Technical Expert in their specialist area and is fully knowledgeable on day to day activities
• Will have basic operational risk management awareness and actively promotes a culture of risk awareness across immediate team
• Drives improvements to business area delivery by innovating new ways of working across business area delivery whilst ensuring that appropriate controls are in place
• Be able to demonstrate accountability for own responsibilities
• Will be expected to make tactical decisions, impacting the immediate team, based on factual information

Pathways for career development

• Work with colleagues and clients around the world on interesting and challenging work
• We provide internal career opportunities so you can take your career further within TMF
• Continuous development is supported through global learning opportunities from the TMF Business Academy

Making an impact

• You’ll be helping us to make the world a simpler place to do business for our clients
• Through our corporate social responsibility programme, you’ll also be making a difference in the communities where we work

A supportive environment 

• Strong feedback culture to help build an engaging workplace;
• Our inclusive work environment allows you to work from our offices around the world, as well as from home, helping you find the right work-life balance to perform at your best