Role at a glance
- Job function
-
Investments & Capital Markets Investment Risk, Compliance & Due Diligence
- Salary
- Not Disclosed
- Location
- Dublin 2, Ireland
- Employment
- Full-time
- Experience
- Senior Level
- Education
- Education & Preferred Qualifications Degree qualified
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Role Summary
The Depositary Oversight Specialist performs oversight of fund activities and depositary operations in Kilkenny. The role focuses on reviews, regulatory compliance, client queries, and the proper handling of fund documentation and processes.
What You'll Do
- Complete allocated reviews and ensure tasks are completed properly and on time.
- Review and comment on draft prospectuses and financial statements.
- Review fund portfolios daily and monthly for compliance with regulatory investment restrictions and borrowing limits, and ensure...
- Respond to client queries in accordance with department requirements.
- Test compliance monitoring systems and report on the results.
- Review fund NAV components, including distributions and performance fees, and assist with reviews of operational departments to check...
Generated from the employer's posting. Verify important details before applying.
View full postingQualifications
Familiarity with financial securities markets, language and products is mandatory. The posting also cites strong technical IT skills, attention to detail, ability to work under pressure and to tight deadlines, strong verbal and written communication, good organizational skills, teamwork, and the ability to motivate staff and identify areas for increased efficiency.
Preferred
- Previous experience in structured products including derivatives would be a distinct advantage.
- Knowledge of UCITS V and AIFMD regulatory requirements an advantage.
- A good understanding of the regulatory framework for Funds (UCITS/Non-UCITS/AIFMD) would be an advantage.
- Relevant industry experience (not necessarily within a Trustee/Depositary role).
- Strong Excel/Word skills.
Original job description
Content provided by the employer
Original job description
Content provided by the employer
Who we are looking for
We are looking for a Depositary Oversight Specialist who will be reporting to a Manager within Depositary Oversight in Kilkenny.
This permanent position offers an opportunity for the successful candidate to have a significant role in the Depositary department. This role will be based in our Kilkenny office.
You will be a point of contact within the business for the department’s activity. A major focus will be on depositary operating model considerations, department strategy, and adoption of new business. The candidate will be expected to ensure that the team executes client and internal deliverables to the highest quality and that SLA provisions and relevant KPIs are met, along with compliance with regulatory requirements and with the relevant short, medium and long-term goals, objectives and values of State Street.
Previous experience in structured products including derivatives would be a distinct advantage in addition to strong technical IT skills. Familiarity with financial securities markets, language and products are mandatory. Knowledge of UCITS V and AIFMD regulatory requirements an advantage.
Why this role is important to us
You will be joining the Institutional Services function that allows us to deliver a comprehensive, holistic approach to each client relationship — for asset managers and asset owners, insurance companies, and official institutions globally. It means our client-facing functions work together to bring the very best solutions and services the firm has to offer — across all of our locations, products, and capabilities.
Join us if making your mark on the long-lasting client relationships we build is a challenge you are up for.
What you will be responsible for
As a Depositary Oversight Specialist, you will
Complete reviews in line with allocation
Ensure timely and proper completion of tasks.
Review and comment on draft prospectuses and financial statements
Review of portfolio of funds to ensure compliance with Regulatory investment restriction and borrowing power limits on a daily and monthly basis.
Ensure breaches are rectified in a timely manner on the regulatory log once resolved.
Respond to client queries in accordance with department requirements.
Test of compliance monitoring systems and reporting thereon.
Review of Fund NAV component including distributions and performance fees paid by funds that they are being processed in accordance with regulatory requirements and fund documentation
Assist with review of the operational departments in order to ensure funds are being administered in accordance with fund documentation/Regulations
What we value
These skills will help you succeed in this role:
Ability to motivate and encourage staff reporting to them to work at optimum levels
Ability to recognize and target areas for increased efficiencies
Excellent attention to details
Ability to work under pressure and to tight deadlines
Highly computer literate
High communication skills, both verbal and written
Good organizational skills and methodical way of thinking
Team player
Education & Preferred Qualifications
Degree qualified
A good understanding of the regulatory framework for Funds (UCITS/Non-UCITS/AIFMD) would be an advantage
Relevant industry experience (not necessarily within a Trustee/Depositary role)
Strong Excel/Word skills
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
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State Street
Large Enterprise
State Street is a leading financial services and bank holding company, headquartered in Boston, Massachusetts. With a strong focus on investment management and servicing solutions, State Street supports institutional investors worldwide by providing services such as asset management, investment research, and trading. Renowned for its commitment to innovation and sustainability, State Street leverages advanced technology and data analytics to enhance investment strategies and customer experiences. The company prioritizes diversity and inclusion within its workforce, reflecting its dedication to fostering a dynamic and collaborative environment.