At a Glance
- Tasks: Ensure compliance for diverse fund structures through cash monitoring and asset verification.
- Company: Dynamic financial services firm with a commitment to equality and inclusion.
- Benefits: Private pension plan, medical insurance, annual salary review, and performance bonuses.
- Other info: Hybrid working model with opportunities for professional growth.
- Why this job: Join a team that values your input while working in a regulated financial environment.
- Qualifications: Strong organisational skills and an interest in financial services required.
The predicted salary is between 31500 - 38500 £ per year.
Full-time
Region: UK, CI and Ireland
Jurisdiction: Belfast
What’s In It For You
- Private Pension Plan
- Private medical insurance
- Annual Salary Review
- Bonus
Purpose of the Job
To provide services across a varied portfolio of fund structures to ensure their ongoing compliance with the Alternative Fund Management Directive ("AIFMD") via three key service lines – cash monitoring; asset verification and oversight.
Main Responsibilities
- To gather, assess and review the governing documents of client entities
- Perform daily cash monitoring on client bank accounts
- To verify (at the time of acquisition and on an ongoing basis) and maintain a register of the client’s financial and non-financial assets
- To complete oversight of the client’s operations including reviews of procedures, controls and reporting to ensure that the funds operate in line with their governing documentation/investment guidelines
- To review subscription agreements, call notices and distributions to ensure they are in line with the funds governing documentation and reflect the investor’s level of commitment
- To develop professional relationships with intermediaries and clients with whom the post holder comes in to regular contact, and to demonstrate a willingness to apply high standards of client care to all dealings with intermediaries or clients
- To produce quarterly and annual reports for clients detailing ongoing activities and compliance with AIFMD
- And any other such duties that might be reasonably required for this role
Knowledge, Skills and Experience
- Good organisational and time management skills, applied to knowledge of the mechanics of depositary administration.
- An ability to take responsibility for the completion of work within the engagement while staying alert to potential issues that need to be disclosed to the Senior Manager
- Professional manner, demonstrating good interpersonal skills and the ability to respond to clients’ needs.
- Also, an ability to communicate efficiently and in a manner suitable to the client or intermediary being addressed
- Ability to review complex legal documents/financial statements, establish facts and draw valid conclusions
- Diligence and care in all aspects of the job, with the ability to collect data and keep accurate records
- Problem solving – able to review the situation and determine an alternative course of action to achieve the desired goal
- An interest in financial services/working within a regulated environment
- Taking initiative and take ownership of client portfolio
- To support the Group’s goals, and demonstrate the confidence to contribute ideas
- To manage own workloads and clients’ priorities and to work to specific deadlines as agreed with the client
- To produce work with a high level of accuracy and attention to detail
- To ensure that records are maintained and updated regularly in the relevant Ocorian systems
Equal Opportunities for Everyone
We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status.
Depositary Administrator - Fund Services employer: Ocorian
Ocorian is an exceptional employer that fosters a culture of collaboration and support, making it an ideal place for Corporate Analysts to thrive. With a commitment to employee growth and development, we offer numerous opportunities for professional advancement while ensuring a client-centric approach that values integrity and innovation. Located in Hamilton, our team benefits from a dynamic work environment that encourages agility and ambition, allowing you to make a meaningful impact in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Depositary Administrator - Fund Services
✨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 Ocorian. 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 Administrator - Fund Services
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 Ocorian.
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 Ocorian'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 Ocorian
✨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 Ocorian.
✨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 Ocorian 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 Ocorian 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.
