Skills Certificate for a Future Career in the Irish Funds Industry

Start Dates: TBC

Location: Virtual

Full Fee: €325

Network Members Fee: €230

https://www.ifsskillnet.ie Book Now

Programme overview

The Irish Funds industry was established over 30 years ago. Since then it has grown significantly with activities carried out not only in Dublin but in many locations throughout Ireland including Cork, Galway, Kilkenny, Letterkenny, Limerick, Waterford and Wexford.

The impressive growth through three decades is illustrated by the amount of assets in funds serviced in Ireland, totalling €5.2 trillion at the end of 2019. As noted in Ireland for Finance, Ireland is the 3rd largest global investment funds domicile, the largest European domicile for ETFs and a leading location worldwide for hedge fund administration.

As recognised in Ireland for Finance there is currently rapid change and transformation with jobs being dislocated in the financial services sector. International financial services, including the funds industry, is an attractive sector in which to work. IOB seeks to support people who wish to change to a career in IFS through this programme. The programme is designed to meet the needs of:

  • People new to the funds industry with no prior experience
  • People changing career from the banking industry to the funds industry
  • Staff already working in the funds sector or related areas, including asset managers, funds service providers and advisory firms, who may wish to have a better understanding of the sector as a whole

Learning outcomes:

The programme has been designed to provide participants with an excellent understanding of the Irish Funds industry. It will provide participants with immediate practical knowledge for a role working in or supporting Funds in Ireland. Participants will be able to:

  • Understand the way in which the Irish industry is structured and the way in which it impacts on the Irish economy
  • Explain the concept of collective investment and how investment funds are established
  • Describe the various functions and parties to an investment fund, their roles and how they relate to each other
  • Outline the legal and regulatory environment in which investment funds operate and the role of the Central Bank of Ireland
  • Explain how Irish funds are distributed throughout the European Union and across the globe
  • Explain the importance of delegation and outline the role of key delegates for Irish Fund Management Companies and Irish Depositaries
  • Identify emerging risks and opportunities

Who is the course for?

The programme is designed to meet the needs of:

  • People new to the funds industry with no prior experience
  • People changing career from the banking industry to the funds industry
  • Staff already working in the funds sector or related areas, including asset managers, funds service providers and advisory firms, who may wish to have a better understanding of the sector as a whole

Modules:

Module 1-4:

  • Overview of the Irish investment fund industry and Introduction to Investment Funds.

Module 5-7:

  • Fund Administration Activities: Transfer Agency, Fund Accounting and Valuation

Module 8 -9:

  • Role of the Depositary.

Module 10:

  • What are the emerging risks facing the Irish funds industry; What are the opportunities?

Trainer Profile