Senior Depositary Analyst

Job Description

We are seeking a Depositary Analyst to work within our Belfast Depositary team, carrying out asset verification, cash monitoring and compliance oversight for investment funds investing in private equity, real estate, infrastructure, renewable energy, forestry and other asset classes.

You will have direct responsibility for administering and managing a portfolio of Depositary clients whilst providing oversight and support to Depositary Analysts, including, but not limited to, asset verification (primarily ensuring that each Client Fund or Fund entity has supplied sufficient information to prove good legal title over the assets it owns), cash monitoring (primarily ensuring all cash transactions are consistent with the Funds operations, and cash balances are reconciled) and compliance oversight (primarily ensuring the Client is complying with all relevant aspects of the AIFMD), understanding the AIFMD legislation and managing and building relationships with clients and other key business areas).

Day to day

• Each Client Fund or Fund entity have supplied sufficient documentary evidence to prove effective legal title over the assets they claim to own;
• In depth understanding of risk factors across each asset class and/or the location of assets;
• In depth understanding of the legal frameworks under which assets are held;
• Each Client Fund or Fund entity cash flows are in consistent with its operations and cash balances reconciled
• Ongoing Client compliance with the AIFMD
• Acting as the escalation point for the Depositary Analyst for more complex areas
• Setting day to day priorities for yourself and the Depositary analyst to ensure internal deadlines are met
• Managing the AIFMD reporting process, including liaising with the client and internal service centres to ensure deadlines are met
• You take responsibility for the duties delegated to you and to ensure that any concerns or potential risks are mitigated and where appropriate escalated to the Depositary Manager;
• To take the initiative and to suggest new procedures to assist the team, efficiently and effectively, going forward.