At a Glance
- Tasks: Support oversight for alternative funds and engage with clients and service providers.
- Company: Dynamic financial services firm with a focus on alternative investments.
- Benefits: Flexible working, competitive salary, and opportunities for professional growth.
- Other info: Work from home with occasional office days in Edinburgh.
- Why this job: Join a pivotal role in a fast-paced environment and make a real impact.
- Qualifications: Knowledge of investment schemes and strong communication skills required.
The predicted salary is between 35000 - 45000 £ per year.
We’re looking for someone who can demonstrate strong stakeholder and alternative fund oversight skills to provide a high-quality service for our alternatives client base. You’ll be providing support for the Alternatives Fund Oversight team in a pivotal role through liaising with clients, service providers and your team members. You’ll work from home some of the time, but you’ll also spend a minimum of six days per month working from our Edinburgh office.
Your role as Depositary Services Analyst will see you supporting the oversight operating model on the alternative fund strategy. We’ll look to you to ensure the appropriateness of depositary alternative fund oversight requirements, engage with clients and participate in internal projects using your knowledge of trustee and depositary services procedures and market awareness of the alternative funds industry.
Your Other Responsibilities Will Include:
- Undertaking reviews of the complex alternative funds structure through building and executing key regulated activities in line with our policies.
- Completing safekeeping, cash flow monitoring and oversight requirements for our alternatives client base.
- Monitoring key performance indicators for your clients, following up and obtaining missing documentation.
- Providing technical support, coaching and development to your colleagues.
- Identifying key controls and process gaps to improve operational oversight and the customer experience.
- Engaging with your clients and third parties by attending client review meetings, calls and workshops.
The Skills You’ll Need:
You’ll ideally have knowledge of Collective Investment Schemes, Alternative Investment Funds, and relevant regulatory requirements in the UK, particularly Alternative Investment Fund Managers Directive. Experience of Investment Operations would be desirable.
Along With This, You’ll Need:
- Experience of implementing change at pace.
- The ability to support and coach others.
- Strong communication and interpersonal skills.
- Capability to work using own initiative.
Depositary Services Analyst employer: NatWest Group
As a Depositary Services Analyst, you will thrive in a dynamic work environment that values collaboration and innovation. Our Edinburgh office offers a supportive culture where employee growth is prioritised, with opportunities for professional development and coaching. Enjoy the flexibility of remote work combined with engaging in-person interactions, making this an ideal place for those seeking meaningful and rewarding employment in the alternative funds sector.
StudySmarter Expert Advice🤫
We think this is how you could land Depositary Services Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like NatWest Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Depositary Services Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to NatWest Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on NatWest Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at NatWest Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with NatWest Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at NatWest Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former NatWest Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
