London, United Kingdom
Hybrid
Job ID:
14708
Date posted:
October 14 2024
Category:
Depositary
Job Level:
Manager
Depositary Services Manager - 12 month FTC
ABOUT US
We are Alter Domus. Meaning “The Other House” in Latin, Alter Domus is proud to be home to 85% of the top 30 asset managers in the alternatives industry, and more than 5,000 professionals across 23 countries.
With a deep understanding of what it takes to succeed in alternatives, we believe in being different. Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.
Find out more about life at Alter Domus at careers.alterdomus.com
12 month Fixed-Term Contract
JOB DESCRIPTION:
• Responsible for the day-to-day operational depositary work in relation to a portfolio of private equity, debt, real estate and infrastructure clients.
• You will act as manager of a small team based in the UK and Cork and take ultimate responsibility for all team deliverables, including quarterly KPI reporting to clients.
• You will be responsible for ensuring the compliance of clients with the Alternative Investment Fund Managers Directive with focus on the following:
o Cash monitoring
o Oversight
o Safekeeping
• You will attend internal meetings, and meetings with clients and third parties.
• You will act as the client’s first point of contact in relation to operational questions and manage the relationships with internal and external parties such as asset managers, administrators, auditors, etc.
• You will be responsible for the quarterly billing.
• You will be responsible for carrying out due diligence on clients and third parties.
• You will be responsible for client onboarding process including KYC and other compliance work.
• Responsible for delivery of internal projects.
YOUR PROFILE:
• This is a multi-faceted role so it is crucial you are well organized, flexible, able to multi-task and manage workload efficiently. Attention to detail is also essential.
• You will not only be managing a team but also attending regular meetings both internally and externally and 4-eyesing communications from the team. It is therefore imperative you have an excellent command of English, written and oral communication skills and have the soft skills necessary to ensure communications are professional and that good working relationships are maintained across the board.
• You are dynamic, possess team spirit, have the capacity to build strong client relationships, and take initiative to act without waiting for direction, when appropriate.
• You have experience managing or supervising more junior team members.
• You have good analytical skills.
• You hold a bachelor’s degree or have sufficient work experience or vocational qualifications. A professional qualification such as ACCA, ICSA or equivalent would be advantageous but not mandatory.
• You have a minimum of 6 years’ experience in relevant roles in the fund services industry (such as experience in compliance, regulatory, fund accounting/admin, audit, operational due diligence, transfer agency or custody). Depositary specific experience is beneficial but not considered mandatory.
• You have a sound knowledge of the UK funds industry (experience of private equity, real estate and or debt is preferable).
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WHAT WE OFFER:
We are committed to supporting your development, advancing your career, and providing benefits that matter to you.
Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.
Our global benefits also include:
- Support for professional accreditations such as ACCA and study leave
- Flexible arrangements, generous holidays, birthday leave
- Continuous mentoring along your career progression
- Active sports, events and social committees across our offices
- Support with mental, physical, emotional and financial support 24/7 from our Employee Assistance Program
- The opportunity to invest in our growth and success through our Employee Share Plan
- Plus additional local benefits depending on your location
Equity in every sense of the word
We are in the business of equity, in every sense of the word. For us, this means taking action to ensure every colleague has equal opportunity, valuing every voice and experience across our organisation, maintaining an inclusive culture where you can bring your whole self to work, and making Alter Domus a workplace where everyone feels they belong.
We celebrate our differences, and understand that our success relies on diverse perspectives and experiences, working towards shared goals and a common purpose. Thanks to the work of our Group DE&I Committee and network of DE&I Champions, we empower all of our people to be truly invested in the alternative.
We are committed to ensuring an inclusive recruiting and onboarding process. Please contact our hiring team if you require any accommodations to make our recruitment process more accessible for you.
(Alter Domus Privacy notice can be reviewed via Alter Domus webpage: https://alterdomus.com/privacy-notice/)
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Our stories
Amanda Donohue, Senior Manager, Cork
Think ahead to five years’ time and where you would like to see yourself. That’s what I did and Alter Domus offered me the right path.
Aristidis Halikias, Managing Director, Chicago
Many might think that the financial services industry is primarily numbers and math, but I believe we are a people business. The people at Alter Domus make it what it is, and we have some of the best in the entire industry.
Carla Walmsley, Senior Manager, Jersey
Alter Domus were fully supportive through my studying path, providing study support in the way of study fees and study leave, as well as some flexible working towards nearer each exam to help me manage with work/life (and exam!) balance.
Shania Galea, Corporate Services Officer, Malta
As a junior, I learn a lot from all colleagues around me. In addition, the AD Academy keeps on providing us with all the training we need.