Associate-Depositary Services

Waystone; Dublin; Hybrid; EUR 40,000 - 60,000; Full time

Job summary

Waystone is seeking an Associate-Depositary Services to join its depositary team in Ireland. You will contribute to monitoring and oversight duties for a range of alternative investment fund clients, ensuring compliance with AIFMD, CPF and related directives.

The role emphasizes supporting daily cash monitoring, reporting, and oversight tasks while collaborating with experienced professionals to maintain robust controls and client service standards.

Qualifications

• 1–2 years experience in funds sector.
• Understanding of depositary/trustee services desirable but not essential.
• Understanding of AIFMD and related regulatory concepts is desirable but not essential.

Responsibilities

• Assist the depositary team to deliver monitoring and oversight services to a number of alternative investment fund clients.
• Support client reporting and oversee Depo-lite related requirements.
• Ensure compliance with applicable directives and internal policies.

Education

University degree (e.g. Business /Accountancy/Finance desirable)

Job description

About Waystone

Waystone is a leading asset-servicing solutions provider of institutional governance, administration, risk and compliance services to financial institutions. With over 25 years’ experience and a comprehensive range of specialist services to its name, Waystone helps our clients structure, operate and grow through our expertise, innovation and digitisation, backed by the operational scale to support global expansion.

Summary: Reporting to the Associate Director-Depositary Services, the Associate-Depositary Serviceswill be an integral part of the team’s success.

ESSENTIAL DUTIES AND RESPONSIBILITIES

This role will require the Associate-Depositary Services assist the depositary team to deliver monitoring and oversight depository services to a number of alternative investment fund clients (AIFs) or private funds and will include adherence to certain policies and procedures required under the Alternative Investment Fund Manager Directive (AIFMD), the Cayman Private Funds Act (CPF) or other similar depositary related directives as applicable. Key duties include

• Performance and review of daily cash monitoring
• Performance and review of ongoing oversight and sample based controls reviews
• Assisting the team with Client reporting
• Assisting the team to oversee all other Depo-lite related services & requirements

REQUIREMENTS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Experience:

• 1-2 years experience in funds sector
• Previous work experience or understanding of alternative funds is desirable but not essential
• Previous work experience or understanding of depositary/trustee services is desirable but not essential
• Understanding of operational controls testing is desirable but not essential
• Understanding of AIFMD and related regulatory is desirable but not essential

Education:

• University degree (e.g. Business /Accountancy/Finance desirable)