Full job descriptionAn 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)