Senior Lead Fund Controller

Wellington Management · Luxembourg

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WELLINGTON MANAGEMENT

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 50 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.

POSITION

Wellington Management Funds (“WMF”) Global Fund Services is responsible for all aspects of the operations for the WMF Global fund ranges and works alongside Product Development, Legal, Compliance and Governance to support all aspects of the funds business. The Fund Reporting & Audit, EMEA Funds (“FR&A”) function is responsible for the oversight of annual fund audits and regulatory reporting, as well as the financial activities, governance, and control framework of the Luxembourg Management Company, including robust oversight of third-party service providers and key financial reporting processes.

Responsibilities

We are currently seeking to recruit an individual to play a key role in our FR&A team reporting into the manager in charge of the team, based in the Management Company’s Luxembourg office. The successful candidate will be part of a broader team located in Luxembourg, Boston, and London with the following responsibilities: 

Fund Audit & Reporting

• Manage relationships with the Auditor and Administrator, in relation to Fund Financial Reporting in Ireland, Luxembourg, and Cayman Islands
• Coordinate Funds Annual Audits
• Review of Funds Annual Report and Financial Statements
• Coordinate the preparation of the Funds Long-form Report with the Auditor in Luxembourg
• Semi-annual Funds Financial Statements Review
• Review of all Funds Financial Statement Templates
• Key point person on IFRS and Luxembourg GAAP
• Assist with process improvement efforts by helping to identify, develop and implement enhancements
• Respond to internal and external inquiries on a broad array of topics

Management Company Oversight & Financial Control

• Oversee the financial reporting and accounting activities of the Luxembourg Management Company, ensuring completeness, accuracy, and compliance with Luxembourg GAAP and applicable regulatory standards
• Provide independent review and challenge of Management Company financial statements, disclosures, and supporting reconciliations
• Maintain oversight of key financial processes performed by third-party administrators, ensuring adherence to defined service level agreements and control standards
• Review and assess Management Company trial balances, budgets, and financial performance, identifying key variances and escalating issues as appropriate
• Coordinate the annual audit of the Management Company, acting as a primary liaison with external auditors and internal stakeholders
• Oversee the design and effectiveness of the Management Company control environment, including review of SOC reports, control frameworks, and remediation of identified deficiencies
• Partner with Legal, Compliance, and Conducting Persons to ensure alignment with AIFM/UCITS regulatory obligations and governance requirements
• Support regulatory reporting obligations of the Management Company, including financial disclosures and filings
• Identify opportunities to enhance governance, controls, and reporting processes within the Management Company structure

Fund and Management Company Governance       

• Review and challenge monthly Administrator and Depositary reports with a focus on completeness, accuracy, and exception resolution
• Support Board of Managers/Directors reporting, ensuring clarity, transparency, and audit readiness of materials
• Support Conducting Person reporting across key functional areas
• Oversee regulatory filings for Funds and Management Company entities, ensuring timely and accurate submission
• Provide oversight and coordination of UCITS/AIFM regulatory requirements, including breach monitoring and resolution support
• Review and implement new regulatory requirements (e.g., remuneration disclosures, SFTR, PRIIPs), ensuring appropriate Management Company adoption
• Maintain governance over the Internal Audit framework, including coordination of reviews and tracking of remediation actions
• Perform ongoing operational risk assessments across both Funds and Management Company activities, proactively identifying control gaps and driving resolution with stakeholders

Vendor Due Diligence

• Key Performance Indicator Monitoring and Reporting
• Provide back-up and assistance to Global Fund Controllers
• Completion of annual and periodic reviews of due diligence questionnaires
• Annual review of service provider controls reports e.g. SSAE16, SOC1, etc.

Business Support

Work on various tasks to support other business functions, this could include but not limited to:

• Support the Fund Control function
• Lead projects related to new regulatory requirements or business changes, to assess the impact they will have on the business and operations
• Ownership and identification of process enhancement projects to assess the effectiveness and viability in improving the Finance and Accounting Management & Corporate Services function
• Recognize areas of reporting inefficiency between the service providers and the Management Company and collaborate with internal systems consultants to develop and integrate customized automated reports.
• Support broader efforts across the firm to assess critical vendor capabilities and business continuity processes

Qualifications

The successful candidate is likely to have:

• An undergraduate degree
• Experience working in the Funds or Banking industry; ideally with a background in UCITS and regulated alternative funds domiciled in Europe and Cayman Islands
• Sound knowledge of Luxembourg GAAP and IFRS
• Management Company oversight experience
• Experience of project management and/or Fund accounting would be considered as a plus
• ACCA/ACA qualification (or equivalent) would be desirable but relevant experience would be looked on favorably.
• Strong analytical skills with attention to detail
• Strong IT and data enquiry skills
• Strong verbal and written communication skills
• Team oriented attitude
• Fluency in English is required

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Not sure you meet 100% of our qualifications?  That’s ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.

As an equal opportunity employer, Wellington Management considers all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at GMWTalentOperations@wellington.com.

We believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.

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