At a Glance
- Tasks: Monitor cash flows, maintain asset registers, and assist with client reports.
- Company: Join Gen II, a leading firm in depositary services.
- Benefits: Gain valuable experience in finance with potential for professional qualifications.
- Other info: Flexible working options available in a dynamic office setting.
- Why this job: Kickstart your career in finance while working 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 employer: gen2fund.com
Gen II (UK) is an exceptional employer located in Southampton, offering a dynamic work environment that fosters professional growth and development. With a strong emphasis on employee well-being, the company provides opportunities for further education and qualifications in finance, alongside a supportive culture that values teamwork and collaboration. The flexibility of Agile Working arrangements allows employees to balance their personal and professional lives effectively, making Gen II a rewarding place to build a career in depositary services.
StudySmarter Expert Advice🤫
We think this is how you could land Administrator, Depositary Services
✨Tip Number 1
Network like a pro! Reach out to people in the finance and fund administration sectors. Attend industry events or join online forums. You never know who might have the inside scoop on job openings at Gen II!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of AIFMD and cash flow monitoring. We recommend practising common interview questions and having examples ready that showcase your skills in asset management and client communication.
✨Tip Number 3
Showcase your organisational skills! When you get the chance to discuss your experience, highlight how you've managed workloads and prioritised tasks in previous roles. This will resonate well 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 noticed. Plus, it shows you’re genuinely interested in being part of the Gen II team.
We think you need these skills to ace Administrator, Depositary Services
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Administrator role in Depositary Services. Highlight any relevant experience, especially in cash flow monitoring or asset management, and don’t forget to mention your academic background in Finance or Accounting!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re interested in this role at Gen II and how your skills align with the responsibilities listed. Be genuine and let your personality come through!
Showcase Your Skills:Don’t just list your skills; demonstrate them! If you have experience with Microsoft Office, particularly Excel, mention specific projects or tasks where you used these tools effectively. We love seeing practical examples!
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’s super easy – just follow the prompts!
How to prepare for a job interview at gen2fund.com
✨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.
✨Excel at Excel
Since the role requires sound knowledge of Microsoft Office, particularly Excel, be ready to talk about your experience with it. You might even want to mention specific functions or tools you've used in past roles that relate to cash flow monitoring or reconciliations.
✨Prioritise and Organise
The job involves managing a client portfolio and prioritising workload. Think of examples from your past where you successfully managed multiple tasks or projects. This will help illustrate your organisational skills and ability to handle the demands of the role.
