Company Description

Fund services | Corporate | Capital markets | Private client | Regulatory & Compliance

We help clients succeed by unlocking new value through expertise, trust and scale. We deliver solutions that solve complex challenges faced by asset managers, financial institutions, corporates, high net-worth individuals and family offices.

With a curious mindset, we ask the right questions to get to the right solution, faster. We collaborate to win together, sharing successes and shaping the future of our global business. Our culture of support and recognition provides the tools and opportunities for you to grow, while unlocking the most value for our clients and making your mark with Ocorian.

Expertise: We deliver specialist, tech-enabled solutions for our clients grounded on deep industry expertise.

Trust: We’re a trusted partner to over 8,000 clients globally. We are proud to have long-lasting partnerships with our clients.

Scale: With more than 1,500 colleagues, we operate across 20+ countries, our scale enables us to support our clients globally and locally, providing a seamless client experience across borders and service lines.

What’s In It For You

Competitive salary
Hybrid Working
Flexible working hours
Private Pension Plan
Private medical insurance
Annual Salary Review
Bonus

Job Description

Purpose of the Job

To deliver a first-class service to Funds/Collective Investment Schemes. As a depositary we ensure that clients are compliant with the Alternative Investment Managers Directive (“AIFMD”) which was enacted to provide investors with an additional level of protection and assurance that the Funds they invest in:

use their cash appropriately.
acquire assets which meet the investment restrictions of the Fund and verify the Funds do own the assets; and
have proper managerial policies and procedures in place to safeguard the running of the Fund.

In addition, the Senior Manager will provide daily management, oversight, support, and guidance to the depositary team. The manager will be exposed to all activities including onboarding, cash monitoring, oversight, asset verification, year -end process and interaction with both the Depositary Board and the Central Bank of Ireland.

Main Responsibilities

To take responsibility for being the immediate point of contact for all Ocorian depository relationships.
To monitor the cash monitoring and safe keeping functions performed by the depositary team, as well as assisting with differences and anomalies escalated by depositary team, and where necessary, discuss with the client.
Assist with the oversight function of our depository clients by assessing the risks of the AIF strategy and organisation, reviewing distributions and drawdowns in line with the constitutional documents and applicable laws, and verifying the valuation.
Generate all reports to present to the client in accordance with the service level agreement.
Undertake an annual review of the depositary procedures and checklists to ensure they are current, and where appropriate, update and provide training to junior members of staff.
Ensure any new business is taken on in an efficient and timely manner in accordance with the Ocorian new client checklists and procedures, and any additional system set up which may be required.
Assist with new business enquiries and if necessary, prepare presentations and other useful material for the business development team.
To mentor and support the depositary team; and
Escalate any issues/risks arising promptly to the Depositary Directors where appropriate.

#LI-JM1
#LI-Hybrid

Qualifications

Ideally a minimum of 2 years management experience.
Compliance/Legal/Audit/Accountancy/Administration background.
Ideally a professional/industry qualification
Experience in a depositary role with exposure to client onboarding in the Funds Industry is preferable.
Experience using the CBI ONR and Portal Systems is desirable.
In depth knowledge of the Irish regulatory environment is essential
A competent user of Microsoft packages including Word, Excel, and Outlook.
Strong communication skills are required (oral, written and listening) to deal professionally with external and internal parties at all levels.
Attention to detail.
Must be able to work under pressure occasionally, prioritise workloads and plan to achieve deadlines.
Be an efficient, supportive, and effective team player.
Be a self-starter and trouble shooter to balance regulatory and commercial considerations to achieve the best outcome for the business.
The ability to work independently.
Excellent interpersonal skills and the ability to communicate effectively with clients and colleagues at all levels.
Ability to work under pressure and meet deadlines.
Methodical and accurate approach with an eye for detail; and
Strong time management and organisational skills.

Additional Information

All staff are expected to embody our core values that underpin everything that we do and that reflect the skills and behaviours we all need to be successful. These are:

We are CLIENT CENTRIC – Clients are at the centre of our world, and we’re committed to providing expertise and specialist solutions to meet their most complex challenges.
We are AMBITIOUS – We aim high. We think and act globally, seizing every opportunity to delight our clients and support our colleagues - wherever in the world they may be.
We are AGILE – We act on our initiative to get things done for our clients. Our independence gives us the flexibility and freedom to keep things simple, efficient and effective.
We are COLLABORATIVE – With a curious mindset, we ask the right questions to get to the right solution, for our clients faster. We collaborate to win together and share our successes.
We are ETHICAL – We behave with integrity at all times and assume positive intent, building trust through responsible actions and honest relationships.
Equal Opportunities for Everyone

Please let us know if there’s anything we can do to make the process easier for you. You can reach us at [email protected].

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.

Region: UK, CI and Ireland

Jurisdiction: Dublin

Depositary Manager/Senior Manager

Benefits

Job Description