About the Role
We are seeking an experienced Associate Relationship Manager – Depositary to join our client-facing team. This role focuses on performing depositary/trustee duties in compliance with corporate governance, regulatory requirements, and fund documentation.
Key Focus Areas:
* Build strong client relationships and act as a trusted partner.
* Provide oversight for fund operations, ensuring compliance with investment restrictions and safeguarding investor interests.
* Manage regulatory reporting and data analysis.
* Support new business development and contribute to team initiatives.
Your Typical Day
* Serve as the first point of contact for clients, investment managers, and fund structures.
* Conduct oversight activities, including checking figures and reviewing compliance with investment restrictions.
* Investigate complex fund structures and multi-layer investments, ensuring adherence to parameters.
* Collaborate with a team of 4 and participate in weekly new business calls, addressing oversight queries.
* Present to boards and participate in due diligence/client meetings.
What We're Looking For
* Experience: Proven client-facing experience, with the ability to foster strong relationships and confidently present to stakeholders.
* Knowledge: Familiarity with fund administration, alternative asset classes, and regulatory compliance. Experience with UCITS and private wealth structures is advantageous.
* Skills: Personable, analytical, and capable of handling complex discussions with clients.
* Attributes: Professional, proactive, and detail-oriented.
Key Responsibilities
Client Management
* Serve as the primary contact for allocated clients.
* Attend and present at board meetings, due diligence sessions, and client visits.
* Develop and maintain robust client relationships.
Regulatory Oversight
* Review fund documentation (prospectus, supplements, valuation policies, etc.).
* Perform periodic investment restriction reviews and resolve breaches.
Reporting & Data Management
* Prepare and deliver monthly and quarterly client reports.
* Maintain regulatory registers for breaches and errors, ensuring compliance.
Due Diligence
* Support annual on-site inspections and monitor custodians/prime brokers.
Additional Responsibilities
* Lead team projects on new regulations and process improvements.
* Contribute to the development of departmental procedures.
Why Join Us?
* Work in a collaborative and growing team with strong support from management.
* Engage in diverse tasks, from vanilla to complex asset classes and alternative investments.
* Play a vital role in safeguarding investor interests and ensuring compliance.