Independent Non-Executive Director — UCITS Management Company
Ireland·Funds & Asset Management·Posted 5 August 2026
Irish-authorised management company of a European asset manager
Actively sourcing
A demand profile the Exchange is actively sourcing against. The sponsor is not confirmed on this board, and we say so rather than implying a signed mandate. Registering interest puts you in front of the sponsor when the brief converts.
The problem this seat exists to solve
The board needs an independent non-executive director with genuine availability. The Central Bank assesses aggregate time commitment across a candidate's whole portfolio, and the firm's existing INEDs are at capacity.
The remit
- Provide independent challenge on investment risk, liquidity risk and delegate oversight
- Own designated managerial functions within the firm's responsibility framework
- Oversee the performance of delegated investment management and administration
- Contribute to the board's fitness-and-probity and conduct-standards obligations
What the sponsor will not compromise on
- Pre-approval controlled function experience, or the standing to obtain Central Bank pre-approval
- Substantive UCITS or AIFMD experience, including delegate oversight
- Demonstrable available time — the number of other directorships held will be assessed
- EEA residency helpful for the company's s.137 position but not required of this appointee
Terms
- Engagement
- Rolling appointment; quarterly board cycle with additional committee meetings.
- Compensation
- EUR 45,000 – 70,000 a year.
- Cross-border
- No nationality test applies. The gate is Central Bank pre-approval of the individual, which takes months and should be started early.
- Time commitment in this market
- Fund boards typically meet quarterly; a regulated bank or insurance board meets far more often and the Central Bank tests whether the director has the time.
Before you apply — Ireland
No nationality test applies. An EEA residency test applies to the company, which can be satisfied by a bond — but for a regulated firm the real gate is Central Bank pre-approval of you personally.
- Residency test
- At least one EEA-resident director, or a €25,000 s.137 bond, or a s.140 certificate. It binds the company, not the appointee.
- Nationality test
- None.
- Work authorisation
- A non-executive director attending board meetings does not require an employment permit. Executive roles for non-EEA nationals require one.
- Tenure limit once appointed
- Nine years is the Central Bank's expectation for independent non-executive directors of credit institutions and insurers; beyond it, independence must be justified.
Also open in Ireland
All mandates in this market →Global ID Exchange
One registration. Every market your record travels to.
Registering against a single brief is fine. Registering once against your whole profile means you are read against every mandate that opens in the markets you can actually be appointed in — statutory, interim and advisory.