Depositary Manager

Overview

The Role & Key Responsibilities:
Skills Required
What you will get in return
Additional Information

Skills Required

  • A University degree in Accountancy or equivalent/Final stages of ACCA qualification
  • An ability to work to and meet agreed deadlines
  • Ability to work under pressure
  • Competence in Excel, general IT and accounting packages
  • A minimum of 3 years’ experience in a similar role
  • Experience in audit would be ideal, but not necessary
Tab Item Content

Skills Required

  • A University degree in Accountancy or equivalent/Final stages of ACCA qualification
  • An ability to work to and meet agreed deadlines
  • Ability to work under pressure
  • Competence in Excel, general IT and accounting packages
  • A minimum of 3 years’ experience in a similar role
  • Experience in audit would be ideal, but not necessary
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Department: Depositary

Employment Type: Full Time Permanent

European Depositary Bank, Dublin is seeking to invite applications from candidates for the role of Depositary Manager based within the Depositary team.

You will be responsible for the delivery of AIFMD and UCITS depositary services for the company, and take full ownership of the successful completion of specific tasks in accordance with depositary procedures.

This will include the delivery of ‘Cashflow Monitoring’, ‘Investment and Borrowing Restriction Monitoring’ and certain ‘NAV Oversight’ duties as required. The role will also have responsibility of managing a small local team in Limerick initially of 3-4 staff, with scope to grow further.

  • Manage a team of approximately 3-4 Depositary staff initially, with scope to grow further
  • Manage the delivery of depositary services to a growing portfolio of Mutual, Hedge, Real Estate and Private Equity fund clients
  • Ensure the daily Cash flow monitoring and reconciliation process is completed on a daily basis to include:

-           Reconciliation of subscriptions and redemptions

-           Identifying and recording new cash accounts

-           Identifying and reconciling all cash flow movements

-           Highlighting any significant or inconsistent cash flows

  • Ensure that the Investment and Borrowing monitoring checks for assigned funds have been completed
  • Ensure that any breaches and NAV errors identified are immediately reported to Depositary Management and logged
  • Ensure that certain NAV Oversight reviews are completed as assigned, to include:

-           Cash and Stock Reconciliations

-           Distribution Reviews

-           TA Reconciliations

-           Failed Trades Checks

-           NAV Reviews

  • Compile and update KPI and revenue reporting for submission to Management
  • Ensure adherence to all policies & procedures and local laws and regulations
  • Assist in Client relationship management for trustee / depositary clients;
  • Preferably 8+ years’ work experience in a depositary, fund accounting, Investment Manager or similar role. Exposure to Investment Compliance Monitoring would be a big advantage.
  • Strong industry knowledge and financial services experience, with an understanding of the depositary’s role and responsibilities
  • Strong people management experience, along with hands on management of driving teams and projects
  • Good interpersonal skills in order to develop strong working relationships with colleagues
  • Excellent organizational, time management and communication skills
  • A strong attention to detail
  • A genuinely unique opportunity to be part of an expanding large global business
  • Exposure to all aspects of the business, cross-jurisdiction and to working with senior management directly

We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependants, physical or mental disability. Any hiring decision are made on the basis of skills, qualifications and experiences.

We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet.

For more information on our commitment to Corporate Social Responsibility (CSR) please see our CSR policy.

If you are looking to take that next step in your career and are ready to work for a high performing organisation, alongside talented people who take pride in delivering great results, please submit your application (with your CV, cover letter and salary’s expectations) to our dedicated email address: [email protected]

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Life At Apex

"Working here I have the space to be creative, take ownership and develop continuously. It’s a great company with a purpose, which in turn enables its people to identify with the core values and mission."

Diane Mero, Office Manager, Dubai

What we look for

We look to recruit bright, articulate and numerate employees who are not afraid of a challenge and are prepared to work hard and love what they do. Every employee plays a part in making our business what it is today and the more we grow, the more important that becomes.

 

Whatever your career path, ambition or skillset you will be joining an entrepreneurial environment and become part of a globally connected team. We don’t just want you to succeed, we want you to flourish.

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