At a Glance
- Tasks: Assist in cash flow monitoring, record keeping, and asset verification for clients.
- Company: Join Gen II, a leader in depositary services with a dynamic team.
- Benefits: Gain valuable experience, flexible working options, and potential for professional qualifications.
- Other info: Opportunity for career growth in a collaborative and innovative workplace.
- Why this job: Make an impact in the finance industry while developing your skills in a supportive environment.
- Qualifications: Studying Finance/Accounting or willing to pursue a professional qualification.
The predicted salary is between 30000 - 40000 € per year.
Within this exciting opportunity, you will be assisting Gen II in carrying out its responsibilities under the depositary requirements of the Alternative Investment Fund Management Directive (AIFMD), namely cash flow monitoring, record keeping and verification of assets and general oversight.
What you’ll be doing:
- Undertake daily cash flow monitoring of client bank accounts
- Maintain asset registers and review of ownership documentation of those assets
- Review of drawdowns and distributions
- Quarterly analysis of management account information and reconciliations
- Reconciliations of monthly cash activity
- Corresponding with clients and intermediaries
- Assisting more senior staff with their client portfolio
- Assisting with the preparation of client reports
- Organising own client portfolio, prioritising workload and dealing with matters in a timely manner
- Assisting with review of invoices
- Daily input of time on timesheet
The ideal background for this role:
- Sound academic background (preferably Finance/Accounting related)
- Preference for candidate to be studying towards or willingness to study for a professional qualification such as: Certificate or Diploma in Fund Administration, CISI – Foundation
- Preferred experience working in Depositary or Fund Administration
- Understanding of the finance industry and regulatory requirements in which we operate
- Sound knowledge of Microsoft Office, including Excel and Word
Role Location/Hybrid Schedule:
This role is based in our Southampton office. Although the nature of most of the roles within Gen II cannot be classed as totally flexible, there is scope in some cases for a form of Agile Working. The different ways in which Agile Working can be undertaken is dependent on the demands and needs of the business, the office space available and the individual’s preferences and circumstances.
Administrator, Depositary Services in Southampton employer: Gen 2 Careers
Gen II is an exceptional employer that prioritises employee development and offers a supportive work culture in its Southampton office. With opportunities for professional growth, including support for relevant qualifications, and a flexible Agile Working approach, employees can thrive while contributing to the dynamic field of depositary services. Join us to be part of a team that values collaboration, innovation, and excellence in the finance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Administrator, Depositary Services in Southampton
✨Tip Number 1
Network like a pro! Reach out to people in the finance and fund administration sectors. Use LinkedIn to connect with professionals at Gen II or similar companies. A friendly chat can sometimes lead to job opportunities that aren't even advertised!
✨Tip Number 2
Prepare for interviews by researching the company and its role in the finance industry. Understand the AIFMD and how it impacts depositary services. This will show your genuine interest and help you stand out during the interview process.
✨Tip Number 3
Practice your responses to common interview questions, especially those related to cash flow monitoring and asset management. We recommend doing mock interviews with friends or using online resources to boost your confidence.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Administrator, Depositary Services in Southampton
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Administrator role. Highlight any relevant finance or accounting background, and don’t forget to mention your familiarity with cash flow monitoring and asset management.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re excited about the role and how your background aligns with our needs. Be specific about your interest in depositary services and any relevant qualifications you’re pursuing.
Showcase Your Skills:We love seeing candidates who can demonstrate their knowledge of Microsoft Office, especially Excel. If you’ve got experience with financial analysis or reconciliations, make sure to include that in your application!
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at Gen II!
How to prepare for a job interview at Gen 2 Careers
✨Know Your AIFMD Basics
Make sure you brush up on the Alternative Investment Fund Management Directive (AIFMD) before your interview. Understanding its key components, especially around cash flow monitoring and asset verification, will show that you're serious about the role and have done your homework.
✨Showcase Your Financial Knowledge
Since this role is all about finance and accounting, be prepared to discuss your academic background and any relevant qualifications. If you're studying towards a professional qualification, mention it! This demonstrates your commitment to the field and your eagerness to learn.
✨Demonstrate Organisational Skills
The job involves managing a client portfolio and prioritising workload, so come ready with examples of how you've successfully organised tasks in the past. Whether it's through school projects or previous jobs, showing your ability to juggle multiple responsibilities will impress the interviewers.
✨Familiarise Yourself with Microsoft Office
Since sound knowledge of Microsoft Office, particularly Excel and Word, is essential for this role, make sure you can talk about your experience with these tools. If you’ve used them for data analysis or report preparation, share those experiences to highlight your technical skills.
