Depositary Oversight Specialist - Funds and Derivatives

State Street Corporation; Kilkenny; On-site; EUR 80,000 - 110,000; Full time

Job summary

State Street Corporation in Ireland seeks a Depositary Oversight Officer reporting to the Depositary Vice President. This permanent role offers exposure to all areas of Depositary activities, helping formulate and implement Depositary policy and procedures amid a changing regulatory environment.

The role involves leading an investment monitoring team, ensuring compliance with investment restrictions including derivatives, and collaborating with clients to address exceptions identified.

Qualifications

• Degree qualified.
• Relevant funds industry experience.
• Understanding the funds investment objective and strategies is preferable.
• Sound understanding of the regulatory framework for Funds (UCITS/Non-UCITS).
• Knowledge of, or familiarity with, investment monitoring systems.
• Highly computer literate.

Responsibilities

• Managing an investment monitoring team members in their review of all fund types to ensure compliance with the funds’ investment restrictions including sophisticated derivatives and discussing with clients any exceptions that are identified
• Ensure timely and proper completion of tasks of team members
• Review and comment on draft prospectuses and financial statements
• Appraise performance of team members
• Devise work programs and schedules
• Select potential team members
• Ensure breaches are rectified in a timely manner
• Respond to client queries
• Test of compliance monitoring systems and reporting thereon
• Attend board meetings
• Create and update Depositary policies and procedures

Skills

Attention to detail

Communication

Teamwork

Team supervision

Education

Degree qualified

Relevant funds industry experience

Understanding funds investment objectives & strategies

Regulatory framework for Funds UCITS/Non-UCITS

Investment monitoring systems familiarity

Highly computer literate

Job description

State Street Corporation in Ireland seeks a Depositary Oversight Officer reporting to the Depositary Vice President. This permanent role offers exposure to all areas of Depositary activities, helping formulate and implement Depositary policy and procedures amid a changing regulatory environment.

The role involves leading an investment monitoring team, ensuring compliance with investment restrictions including derivatives, and collaborating with clients to address exceptions identified.