Depositary Officer

Junior ( 0 - 2 years )
Employer
Castille
Sector
Type
Onsite UTC+1
Duration
Ongoing
Salary
Competitive
Job Category
Depositary Officer
Skills Required
Custody
Fund Accountancy
Investments
1

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). 


Responsibilities: 

  • 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 



Requirements

  • 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 



Benefits


  • 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);
  • Salaries reviewed every year.


Job Reference
ZR_36514_JOB
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