Mark Fanagan Address: 350 Lower Kimmage Road, Terenure, Dublin 6W, Dublin, Ireland
Mobile: +353 86 194 3100 Email: [email protected]; LinkedIn: https://www.linkedin.com/in/markfanagan
Profile
A professional with a diverse skill set, developed through my educational background and my work experience.
Currently have over three and a half years working in the funds industry. My previous role in GAM and current
position in BNP required excellent time management, organisational and multi-tasking skills to meet numerous
deadlines daily. Team working forms a crucial part of my position, working together to ensure all tasks are
completed effectively and efficiently. I have worked diligently and have put in great effort and commitment during
my time in GAM, resulting in my promotion to senior administrator. Following my promotion, I developed strong
leadership skills through my increased my responsibility, allowing me to effectively deal with any issues and queries
that may arise. I have expanded my skill set through my employment in BNP Paribas. Being exposed to different
type of funds and completing end-to-end NAV valuation has given me great knowledge of the whole fund process.
My primary degree in economics forms a strong foundation in the fund industry. My primary degree in Economics
forms a strong foundation in the fund industry. Economics has enabled me with numeracy and problem solving
skills. I have continued to expand my educational background by undertaking postgraduate course outside of
work. In 2014, I received a Professional Certificate from the Institute of Banking. The course covered the derivatives
market extensively. Earlier this year, I completed an Advanced Diploma in Investing and Capital Markets in DBS.
The diploma broadened my knowledge on how capital markets work and covered all asset classes . I believe all
this demonstrates my willingness to increase my knowledge of the industry and to continue to advance my skills set.
Company Name: BNP Paribas Fund Services
Job Title: Fund Accountant
Period: (30/03/15 –Present)
---------------------------------------------------------------------------------------------------------------------------------- Tasked with preparing and reviewing of fund NAVs on a daily, weekly and monthly basis prior to the final
review by senior fund accountant or team leader.
Greater exposure to end-to-end NAV process on various types of funds including Fixed Income, Equity
Balanced, Index and Complex funds.
Analysing NAV variation by reviewing the portfolio impact from realised or unrealised gain or losses on
equities, FXs or forwards and other instrument types including assessing income and expenses
impact.
Reviewing and booking in fund transactions e.g. security trading, investor activity and other complex
contracts including CFDs, Swaps, Inflation linked Bonds and MBS trades.
Ensuring all corporate actions are processed, accounted and validated in the NAV.
Calculation of performance fees on several funds.
Review and validate large price movements through Bloomberg and other pricing vendors and certifying
stale/static pricing with the client and pricing vendors.
Monitoring all cash and security reconciliation items and ensure any breaks are investigated thoro ughly.
Payment and accounting for all fund invoices, ensuring all required documentation is needed.
Assisting and adapting with new fund accounting procedures and with future development of the fund
accounting process and systems to meet future market and client development.
Understanding of fund operating document, prospectus, pricing policy agreements
Adherence to client agreed NAV delivery deadlines as set out by fund prospectus.
Dealing with several clients daily through email or by phone to ensure all information received is accurate
and to highlight any discrepancies that could impact the NAV as soon as possible to meet deadlines on
time and to ensure the accurate calculation of the NAV.
Completing monthly fee reviews on funds to ensure fee accruals are in line with invoices paid and agreed
fee basis with the clients and adjust if required.
Providing any information required by the Auditors or Trustees is available within the timeframe agreed
with your Team Leader.
Assisting team members with queries or questions and training new staff members. Liaising or
escalating queries to team leader of any issues when necessary.
Profile
Career History
Company: GAM Fund Management Ltd.
Job Title: Senior Valuations & Settlements Administrator
Period: (01/08/14 –25/03/15)
Job Title: Valuations & Settlements Administrator
Period: (11/02/13-31/07/14)
---------------------------------------------------------------------------------------------------------------------------------- Promoted to Senior Administrator expanding my role within the team.
Analysing daily and weekly controls correctly and accurately. Highlighting any potential issues with funds.
Maintaining that our metric requirements are being and within regulatory requirements.
Cash and Stock Management: Reconciling cash items on each fund’s bank accounts daily.
Calculation of rebates and equalisation as part of the weekly and month end valuations.
Preparing and ensuring all weekly, monthly and quarterly reports are completed on time for clients.
Completing reporting requests from Trustees and Auditors - investigating and solving their queries.
Maintaining professional relationships with GAM personnel as well as external fund managers,
administrators, auditors, brokers and other asset management firms.
Providing cover during my supervisor’s absence. Taking on a greater leadership role, liaising with my
managers providing updates on the team’s performance.
Chairing weekly team meetings – discussing the meeting’s agenda, setting out weekly goals and providing
an opportunity for feedback from the team.
Delegating and assigning the weekly workload amongst the team. Informing the team of their tasks through
the weekly rota.
Assisting other team members with their queries or issues as they arise and escalating them to supervisor or
manger when necessary.
Showing initiative, suggesting new ways to improve training and implementing changes on one of the funds
which I was given responsibility.
Training new staff on various funds and reviewing their work.
Working in a high pressurised environment and being exposed to the complete GAM fund range and
developing a detailed knowledge of their structure and operation.
Calculation of the net asset value (NAV) including the calculation of the funds income and expense
accruals.
Given responsibility on one of GAM’s largest and most complex funds was a major challenge as it involved
a lot of manual and time consuming work reconciliation given the high volume of trades per day.
Ensuring all trades, futures, forwards and/or Spot FX’s correlated with the daily trade files for each fund.
Proficient in completing the valuation of funds within deadlines and working with other departments to
ensure outstanding queries are settled.
Ability to adapt to departmental changes in relation to teams and new funds.
Postgraduate:
(Feb 2016 – May 2016): Advanced Diploma in Investing & Capital Markets: Dublin Business
School (DBS), Aungier Street, Dublin, Dublin 2.
(Oct 2013 - Jan 2014): Professional Certificate in Complex Financial Instruments: Institute
of Banking, IFSC, 1 North Wall Quay, Dublin 1, Ireland. 1st class honours.
Third Level:
(Sep 2009 - Jun 2012): B.A - Economics and Politics: University College Dublin, Belfield, Dublin 4:
2.1 honours
Second Level:
(Jun 2009) Leaving Certificate: Templeogue College, Templeville Road, Dublin 6W. 450 points
Education Qualifications
Career History
Strong Experience with Microsoft Office: Excel, Word Outlook & Explorer.
Proficient knowledge of SWIFT payments & SunGard’s Invest One Enterprise and Multifonds Accounting
system.
Strong Knowledge using Bloomberg Terminal.
Professional Development:
Consult newspapers, financial magazines, and news apps to keep up to date with current affairs and to
increase awareness on the current economic situation.
Subscriber to The Irish Times, The Economist magazine and The Financial Times.
Actively managing my own small portfolio of stocks – seeking to achieve strong returns.
Attending different courses outside of work to increase my knowledge & skills as shown above in my
educational qualifications.
Sport:
Member of DMPT gym. Partaking in monthly group weight lifting challenges to pursue one rep max lift.
Taken part in charity 5km runs for the Irish Cancer Society.
Travelling:
Gained valuable cultural experience travelling extensively around Europe, while Inter-railing or on city
breaks. Travelled across the United States. Worked in the U.S. on a J1 visa in 2012. I have recently just
visited South America and Cuba.
Completing and financing several post graduate courses – most recent was the Advanced Diploma in
Investing & Trading in Dublin Business school.
Getting newspaper articles published in the three main Irish broadsheets, The Irish Times, Irish Independent
and Irish Examiner while working with a freelance journalist during my work experience in Transition Year.
Presenting in front of the Irish Consulate in New York as part of a group Business project in Transition Year.
Referees Available upon Request
Interests
I.T Skills
Achievements