At a Glance
- Tasks: Monitor cash flow, verify assets, and ensure compliance for client funds.
- Company: Join Gen II, a leading firm in fund management based in Southampton.
- Benefits: Competitive salary, hybrid working options, and opportunities for professional growth.
- Other info: Dynamic team culture with opportunities to train and mentor junior staff.
- Why this job: Make a real impact in finance while developing your skills in a supportive environment.
- Qualifications: Experience in fund administration or accounting, strong analytical skills, and team management experience.
The predicted salary is between 50000 - 60000 € 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 II Services - UK Limited
Gen II is an exceptional employer located in the vibrant city of Southampton, offering a dynamic work culture that prioritises employee growth and development. With a focus on teamwork and client service, employees benefit from opportunities to enhance their skills while enjoying a supportive environment that encourages initiative and innovation. The company also embraces Agile Working, allowing for flexibility that aligns with both business needs and personal circumstances, making it an ideal place for those seeking meaningful and rewarding employment.
Contact Detail:
Gen II Services - UK Limited Recruiting Team
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 a lead on that perfect Depositary Manager role!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of AIFMD and cash flow monitoring. We recommend practising common interview questions related to asset verification and client communication. Show them you’re not just a fit on paper but also in person!
✨Tip Number 3
Tailor your approach! When you find a job that excites you, make sure to highlight your relevant experience in Depositary and Fund Administration. Use specific examples from your past roles to demonstrate your skills and how they align with what Gen II is looking for.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. 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 Gen II.
How to prepare for a job interview at Gen II Services - UK Limited
✨Know Your AIFMD Basics
Make sure you brush up on the Alternative Investment Fund Management Directive (AIFMD) and its depositary requirements. Understanding cash flow monitoring, record keeping, and asset verification will show that you're not just familiar with the role but also genuinely interested in it.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where your analytical skills made a difference in your previous roles. Whether it's reviewing management accounts or reconciling cash activity, having concrete examples ready will help you stand out.
✨Client Communication is Key
Since you'll be corresponding with clients and intermediaries, practice articulating how you've successfully managed client relationships in the past. Highlight your communication style and how you ensure client satisfaction, as this is crucial for the role.
✨Demonstrate Team Leadership
If you have experience supervising or training junior staff, be prepared to share those stories. Discuss how you foster teamwork and initiative within your team, as this will resonate well with the interviewers looking for a Depositary Manager.
