Depositary Associate, Alternatives Funds Delivery

ACCA Careers; Greater London; Hybrid; GBP 60,000 - 85,000; Full time

Benefits offered by this job

Hybrid work (4 days per week)

Office based in City

CAIA study support

Job summary

ACCA Careers is seeking a Depositary Associate in Greater London. You will manage portfolios across private markets funds, act as the main contact for clients, and oversee day-to-day depositary activities while ensuring regulatory and control standards are met.

You will mentor junior team members and support onboarding, risk assessments and reporting. A CAIA qualification is encouraged to support career progression.

Qualifications

• Experience in depositary services or related fund control functions.
• Familiarity with private markets funds is advantageous.
• Strong risk management, governance and audit trail capabilities.
• Excellent organisation and multi-priority management.

Responsibilities

• Manage an allocated portfolio of funds and act as primary day-to-day contact for clients.
• Oversee service delivery and regulatory controls across multiple clients.
• Coordinate client meetings, reporting timetables and relationship management.
• Support onboarding, risk assessments and control reviews.
• Oversee depositary testing for subscriptions, drawdowns, acquisitions, disposals and distributions.
• Monitor cash movements, investigate exceptions and maintain audit trails.
• Review asset ownership and safekeeping arrangements for compliance.

Skills

Depositary services

Client relationship management

Risk management

Governance & controls

Attention to detail

Mentoring junior staff

Education

CAIA qualification

Job description

ACCA Careers is seeking a Depositary Associate in Greater London. You will manage portfolios across private markets funds, act as the main contact for clients, and oversee day-to-day depositary activities while ensuring regulatory and control standards are met.

You will mentor junior team members and support onboarding, risk assessments and reporting. A CAIA qualification is encouraged to support career progression.