An alternative investment services provider is seeking a Depositary Associate to manage a portfolio of funds and coordinate day-to-day depositary activities across multiple clients. You will take ownership of client delivery, oversee key regulatory and operational controls, and help mentor junior team members in a high-performing environment.
Client Details
Our client is a growing specialist financial services organisation operating within the alternative investment sector. The business supports private markets funds across a range of asset classes and offers employees exposure to complex, high-value fund structures within an entrepreneurial and quality-focused environment.
Description
Manage an allocated portfolio of private equity, real estate, private credit, venture capital and infrastructure funds.
Act as the main day-to-day contact for clients and oversee service delivery.
Coordinate client meetings, reporting timetables and ongoing relationship management.
Support client onboarding, risk assessments and control reviews.
Oversee depositary testing relating to subscriptions, drawdowns, acquisitions, disposals and distributions.
Monitor cash movements, investigate exceptions and maintain robust audit trails.
Verify asset ownership, safekeeping arrangements and compliance with fund documentation.
Apply AIFMD oversight requirements and support annual review processes.
Review and coordinate work completed by junior colleagues and provide coaching where appropriate.
Assist with reporting and related regulatory obligations.Profile
Experience within depositary services, fund administration, audit, accountancy, compliance or a related financial services control function.
Exposure to private markets funds such as private equity, real estate, infrastructure, venture capital or private credit is advantageous.
Strong understanding of risk management, controls, governance and audit trails.
Excellent organisational skills with the ability to manage multiple priorities and deadlines.
Strong communication skills and confidence interacting with clients and stakeholders.
High level of attention to detail with a proactive and accountable approach.
Ability to review the work of others and support the development of junior team members.
Willingness to pursue the CAIA qualification.Job Offer
Competitive Salary + Bonus + Range of Benefits
Opportunity to join a growing specialist business within the alternatives sector.
Broad exposure to a diverse range of private markets funds and clients.
Structured career progression and development opportunities.
Collaborative and supportive team environment.
Full study support for the CAIA qualification
Office Based in the City
Hybrid Working (4 days in per week)
