A Depositary Officer is being sought by a Bank in Malta and will be responsible for the day-to-day monitoring of Collective Investment Schemes (“CIS”). You will be part of the Depositary team which provides depositary services to Malta based UCITS and Alternative fund structures (AIFs).
Monitoring regulatory and prospectus-based investment restrictions
Review calculations of the funds NAVs and Transfer Agency activities and escalation with fund parties (Investment Manager/Administrator) as appropriate
Daily cash flow monitoring and asset verification checks
Investigation, documentation and escalation of breaches, pricing and other errors to Management and/or Administrator/Investment Manager and updating the regulatory / prospectus breach and error registers
Contributing to the ongoing enhancement of policies and procedures
Providing support to Seniors in planning for onsite visits to Administrators and Investment Managers
Dealing promptly with ad hoc queries and projects relating to the CIS under supervision
Assisting the Seniors’ and/or Manager with ad hoc projects
A College or University degree and/or relevant proven work experience is preferred
Relevant/related experience with in Depositary, or individuals with Fund Accounting or Custody experience looking to move to Depositary.
Knowledge of CIS structures and relevant regulation, including UCITS Directive and AIFMD
Proactive, focused attitude towards work and the ability to plan and consistently meet deadlines.
Demonstrate good written and oral communication as well as analytical skills, with great attention to detail
Training on the job and wide range of additional training opportunities;
Funding of studies, up to 100%, if related to the job of the employee;
Parking facilities (2mins away from work which can be used Monday - Friday even on leave days);
Hybrid work arrangements as deemed necessary;
Social benefits like Health Insurance and Savings Plan;
Lunches twice a week;
Possibility of performance-linked end of year bonus (discretionary &depending on the employee and on the bank’s overall performance);