At a Glance
- Tasks: Monitor cash flow, verify assets, and ensure compliance for investment funds.
- Company: Join Gen II, a leader in fund management with a supportive team culture.
- Benefits: Competitive salary, career development, and potential for agile working.
- Other info: Opportunity to train junior staff and manage your own client portfolio.
- Why this job: Make a real impact in finance while developing your skills in a dynamic environment.
- Qualifications: Experience in fund administration or accounting, strong analytical and communication skills.
The predicted salary is between 50000 - 65000 € per year.
Working from our Southampton office, 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:
- Ensure daily cash flow monitoring of client bank accounts is undertaken.
- Maintain asset registers and undertake procedures to verify the ownership of those assets.
- Review of drawdowns and distributions, ensuring the expected procedures have been followed.
- Quarterly review of management account information, valuations and reconciliations.
- Review the reconciliations of monthly cash activity.
- Correspond with clients and intermediaries.
- Ensure funds are compliant with key underlying fund documentation and that any issues are identified, logged and resolved in a timely manner.
- Prepare and present periodic client reports.
- Assist with on-site visits to investment managers and fund administrators.
- Organising own client portfolio, prioritising workload and dealing with matters in a timely manner.
- Work effectively within the team but show appropriate levels of initiative.
- Assist with the onboarding of new clients and funds.
- Supervise and assist in training and development of more junior staff.
The ideal background for this role:
- Experience of working in Depositary, Fund Administration or Fund Accounting of private equity or real estate funds.
- Experience of working with a portfolio of clients.
- Strong analytical skills and attention to detail.
- Excellent communication and client service skills.
- Experience of managing a team.
- Sound academic background (preferably Finance/Accounting related).
- 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.
Depositary Manager in Southampton employer: Gen 2 Careers
Gen II is an exceptional employer, offering a dynamic work environment in Southampton where you can thrive as a Depositary Manager. With a strong focus on employee growth and development, we provide opportunities for training and advancement while fostering a collaborative culture that values initiative and teamwork. Our commitment to client service excellence, combined with the flexibility of Agile Working arrangements, makes Gen II a rewarding place to build your career.
StudySmarter Expert Advice🤫
We think this is how you could land Depositary Manager in Southampton
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and fund management sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching Gen II and understanding their depositary requirements under AIFMD. Tailor your responses to highlight your experience with cash flow monitoring and asset verification. Show them you’re the perfect fit for their team!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your answers and boost your confidence. Focus on showcasing your analytical skills and attention to detail, which are crucial for the Depositary Manager role.
✨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 take the initiative to engage directly with us. Let’s get you that Depositary Manager position!
We think you need these skills to ace Depositary Manager in Southampton
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Depositary Manager role. Highlight your experience in depositary, fund administration, or fund accounting, and don’t forget to showcase those strong analytical skills and attention to detail!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the role. Mention specific experiences that relate to cash flow monitoring and client communication, and show us your enthusiasm for joining our team.
Showcase Your Teamwork Skills:We love a team player! In your application, mention any experiences where you’ve worked effectively within a team or supervised junior staff. This will help us see how you can contribute to our collaborative environment.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about what we do at StudySmarter!
How to prepare for a job interview at Gen 2 Careers
✨Know Your AIFMD Inside Out
Make sure you brush up on the Alternative Investment Fund Management Directive (AIFMD) and its depositary requirements. Being able to discuss cash flow monitoring, record keeping, and asset verification confidently will show that you're not just familiar with the role but genuinely interested in it.
✨Showcase Your Analytical Skills
Prepare examples from your past experience where your analytical skills made a difference. Whether it’s reviewing management accounts or reconciling cash activity, having specific instances ready will demonstrate your attention to detail and problem-solving abilities.
✨Communicate Like a Pro
Since this role involves liaising with clients and intermediaries, practice articulating your thoughts clearly. You might want to prepare for common client scenarios and how you would handle them, showcasing your excellent communication and client service skills.
✨Team Player with Initiative
Be ready to discuss how you work within a team while also taking the initiative. Think of examples where you’ve led a project or helped train junior staff, as this will highlight your leadership potential and ability to manage your workload effectively.
