Oversight Manager - 12 month FTC

at  ABRDN PLC

JOB DESCRIPTION

abrdn plc is a leading global investment company, built on a long-standing culture of caring about the future and making a positive impact. Together, we invest for a better future, making a difference in the lives of our clients, customers, employees, society, and shareholders. Our strategy is to build a vibrant and purpose-led organization, with the current and future needs of our stakeholders at the heart of all we do.

IF YOU NEED ASSISTANCE OR AN ADJUSTMENT DUE TO A DISABILITY PLEASE LET US KNOW AS PART OF YOUR APPLICATION AND WE WILL ASSIST.

Job ID R0072152

ABOUT THE ROLE

Please not this vacancy is a Fixed Term contract, lasting 12 Months
The Oversight Manager, based in Luxembourg, will be part of the Client and Regulatory Operations team. Reporting to the Conducting Officer for Finance, IT, Central Administration, and Reporting (aILSA), this role involves oversight of group and third-party operations, including Central Administration, Transfer Agency, Depositary, and IT services. The role has a specific focus on fund accounting activities.
You will work both independently and collaboratively, contributing to monthly and quarterly report production and participating in cross-functional projects. This role offers an opportunity to influence strategy and resolve detailed queries while working closely with colleagues across the Investments Vector and IV COO.

KEY RESPONSIBILITIES

• Support the design, management, and evidencing of fund delegate oversight (Third-party administrators, Transfer agents, and Depositaries), including Intragroup services, ensuring operational measures and KPIs are met.
• Manage and oversee the IT function outsourced to the abrdn group, including any fourth-party or supplier outsourcing.
• Conduct due diligence on new and existing service providers and maintain ongoing monitoring of relevant services, in line with CSSF requirements and the Group’s Third-Party Risk Management framework.
• Coordinate Due Diligence responses and on-site inspections from Depository banks, ensuring compliance with regulatory requirements.
• Draft reports for Luxembourg Governance functions, including the Executive Committee, Management Company Board, and relevant fund boards.
• Represent aILSA on group projects and cross-functional initiatives.
• Collaborate with the IV COO Governance team on Intragroup oversight and work with Compliance and Legal to ensure oversight is effective.
• Identify areas for improvement or regulatory change with the Conducting Officer for Finance, IT, Central Administration, and oversee associated change initiatives.
• Maintain an up-to-date knowledge of industry developments and best practices, using your expertise to ensure operational and oversight activities meet regulatory and group expectations.