Depositary Consultant /Fund

Pontoon Solutions; Limerick; On-site; EUR 45,000 - 65,000; Full time

Job summary

Pontoon Solutions seeks a Depositary Consultant in Limerick for a 12-month contract. The role involves overseeing depositary operations, ensuring compliance with investment restrictions, and producing regulatory and client reporting. Ideal candidates have a strong background in funds, excellent communication skills, and knowledge of relevant regulations.

Responsibilities

• Perform depositary/trustee operational duties in accordance with corporate governance and infrastructure, Central Bank of Ireland and local market regulations.
• Monitor fund compliance with investment restrictions.
• Produce accurate MI reporting and support new business activity within the depositary business units.
• Maintain and control data management requirements.
• Assist in client and board reporting.

Skills

Funds background

Strong communication

Problem solving

Analytical skills

Ability to work on own initiative

Working fund knowledge

Understanding of laws and regulations

Good working knowledge of MS Office

Working knowledge of fund accounting systems

Job description

Depositary Consultant /Fund

Limerick

12 months

To work in a team environment performing depositary/trustee operational duties in accordance with corporate governance and infrastructure, Central Bank of Ireland and local market regulations and the requirements of collective investment scheme constitutional documentation. This entails oversight of areas including and, not limited to, monitoring fund compliance with investment restrictions, producing accurate MI reporting, supporting new business activity within the depositary business units, maintaining and controlling data management requirements and producing internal/external reporting (e.g. client monthly and board reporting).

PRINCIPAL RESPONSIBILITIES

Investment and Compliance Monitoring:

Completion of investment and borrowing limit checklists;

Perform investment restriction and leverage reviews;

Monitor and review monthly investment manager confirmations - including VaR; - Update and maintain the regulatory breaches register; and Ensure prompt response to client & internal queries.

Data Management and MI Reporting:

• Support the production of MI and key risk reporting;
• Complete and monitor fund risk assessment reporting;

Client, Board and Regulatory Reporting:

• Assist in the collation of data for quarterly board reporting and monthly client reporting
• Contribute and deliver monthly client reporting within SLD deadline;
• Support internal risk reporting;
• Assist in the completion and submission of Central Bank reporting;
• Issuance of standard letters to the Regulators; and,
• Assist with the production of audit confirm letter/ schedule of holdings.

Additional Responsibilities:

• Participate in the development of the procedures within the department.
• Ability to escalate issues in a timely manner to the management team.
• Support the depositary operations requirements.

Skills –

Funds background

• Ability to work within a multi-team structure.
• Strong communication, problem solving and analytical skills.
• Ability to work on own initiative.
• Working fund knowledge including exposure to complex asset and fund structures.
• Understanding of the laws and regulations applicable to depositary/trustee and local requirements – in particular, requirements for Irish funds.
• Good working knowledge of MS Office.
• Working knowledge of fund accounting / transfer agency systems is an advantage.