Senior Manager, IBOR Delivery, Fund Solutions

Job Description

Department Fund Servicing & Oversight Reports To Global Head of Fund Solutions Level Senior Manager About your team Fund Servicing and Oversight (FSO) is a key function within Asset Management Delivery, responsible for ensuring seamless execution of fund services across FILs investment vehicles including retail funds, segregated mandates, real estate funds, private asset funds, and other products. The team supports the full operational lifecycle, spanning Fund Accounting, Asset Servicing, IBOR Operations, Alternative Assets, Fund Solutions, and Shared Services. FSO ensures these services are delivered efficiently, accurately, and in line with regulatory obligations. Within FSO, the Fund Solutions team drives the design, delivery, and oversight of operational change initiativesranging from regulatory-driven transformations to strategic platform enhancements. About your role The IBOR Delivery role within Fund Solutions is responsible for leading the implementation of operational change initiatives, with a strong focus on Middle Office and IBOR transformation. This includes delivering solutions that meet client, operational, and product requirements while integrating process improvements, technology upgrades, and regulatory changes. Following the implementation of FILs Investment Book of Record (IBOR), which provides a consolidated positions and cash dataset for front office and compliance functions, you will play a key role in driving initiatives to enhance and future-proof the operating model. This involves close collaboration with upstream teamsincluding Corporate Actions, Pricing, Reference Data, and the Portfolio Services Groupas well as supporting new fund launches, particularly those requiring tailored solutions outside the standard model. You will be accountable for ensuring that robust, well-structured transition plans are in place, and that governance and communication frameworks are effective, with clear oversight from senior stakeholders. Key Responsibilities: Change & Transformation Middle Office / IBOR Focus Lead initiatives to drive operational and process improvements across Middle Office and IBOR teams, ensuring alignment with strategic business goals. Analyze and document current-state processes, identify gaps, and design future-state solutions to support change and transformation efforts. Serve as the primary business analyst on projects involving IBOR, reconciliations, position and cash data, and reference data flows. Collaborate with stakeholders across Investment Operations, Technology, Front Office, and external vendors to gather requirements, define scope, and validate solutions. Support system and vendor migrations impacting IBOR platforms, ensuring clean data transitions and minimal disruption to operations. Drive the successful implementation of change projects by preparing functional specifications/business requirements, user stories, test cases, and managing UAT cycles. Act as a liaison between business and technical teams, translating complex operational needs into clear development tasks and deliverables. Monitor and report on project progress, risks, and issues; support resolution strategies and ensure projects stay within scope and timeline. Contribute to ongoing transformation programs by assessing impact, supporting communication and reinforcing adoption. Lead post-implementation reviews to assess the effectiveness of change initiatives, incorporating lessons learned into future efforts. Support regulatory change affecting Middle Office and IBOR by assessing implications and enabling business readiness. About you Bachelors degree in Finance, Accounting, Business, or a related field. Minimum 10 years of experience within asset management, with a strong background in Middle Office or IBOR-related change/transformation. Proven experience as a Business Analyst or Change Lead in large-scale operational change or transformation projects. Deep understanding of trade lifecycle, securities processing, data flows (positions, cash, valuations), and reference data within IBOR platforms. Familiarity with leading IBOR and Middle Office systems. Experience working on system implementations, upgrades, and vendor transitions. Strong knowledge of regulatory and operational risk considerations within Middle Office functions. Skilled in producing high-quality documentation (Business Requirements, process maps), and executing test plans and UAT. Excellent interpersonal and communication skills with the ability to engage technical and non-technical stakeholders. Comfortable leading workshops, facilitating discussions, and driving consensus among cross-functional teams. Agile methodology experience is advantageous but not essential.