At a Glance
- Tasks: Assist in cash flow monitoring 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 professional development opportunities.
- Other info: Hybrid working available, fostering a balance between work and life.
- Why this job: Make an impact in the finance industry while developing your skills.
- 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 II Fund Services
Gen II is an exceptional employer that values professional growth and offers a supportive work culture in its Southampton office. With opportunities for Agile Working, employees can enjoy a balanced work-life dynamic while engaging in meaningful tasks that contribute to the finance industry. The company encourages continuous learning, making it an ideal place for those pursuing qualifications in Fund Administration.
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 current employees 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 common questions related to depositary services. Think about how your skills in cash flow monitoring and asset management can shine through. Practise your answers with a friend or in front of the mirror – confidence is key!
✨Tip Number 3
Show off your organisational skills! When you get the chance to discuss your client portfolio management, highlight how you prioritise tasks and meet deadlines. This will demonstrate your ability to handle the workload effectively.
✨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. So, get your application in and let’s get the ball rolling!
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 studies, 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 interested in the role and how your background aligns with the responsibilities listed. Be genuine and let your personality come through!
Showcase Your Skills:Don’t just list your qualifications; demonstrate them! If you’ve worked with Microsoft Office, especially Excel, give examples of how you’ve used these tools effectively in past roles or projects.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive and keen on joining our team!
How to prepare for a job interview at Gen II Fund Services
✨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
Be prepared to discuss your academic background in Finance or Accounting. If you're studying towards a professional qualification, mention it! This demonstrates your commitment to the field and your eagerness to grow within the finance industry.
✨Demonstrate Organisational Skills
Since the role involves managing a client portfolio and prioritising workload, think of examples from your past experiences where you've successfully organised tasks or managed time effectively. This will help illustrate your ability to handle the responsibilities of the position.
✨Familiarise Yourself with Microsoft Office
As the job requires sound knowledge of Microsoft Office, particularly Excel and Word, be ready to discuss your proficiency with these tools. You might even want to mention any specific functions or features you’re comfortable with, as this can set you apart from other candidates.
