Fund Depositary Analyst - Oversight & Compliance

ntrs; Limerick; On-site; EUR 65,000 - 90,000; Full time

Job summary

Northern Trust is seeking a Depositary Analyst to support oversight across investment funds, performing monitoring, analysis, due diligence, and regulatory oversight in line with UCITS and AIFMD requirements. The role works with fund service providers and internal stakeholders to ensure investor protection and strong control environments.

The successful candidate will participate in onboarding and ongoing due diligence of delegates, contribute to risk assessments, and support client reporting

Qualifications

• Understanding of investment funds and financial markets.
• Strong analytical and problem-solving skills.
• Attention to detail and ability to interpret fund documentation and procedures.
• Effective written and verbal communication skills.
• Ability to manage multiple priorities and meet deadlines.
• Desirable: Experience within Depositary, Fund Administration, Trustee, Custody, Asset Servicing or Asset Management.
• Knowledge of UCITS, AIFMD and relevant fund regulations.
• Experience supporting due diligence, risk management, control or oversight activities.
• Professional qualification or progress toward a relevant qualification.

Responsibilities

• Perform Depositary oversight activities in line with procedures and regulatory requirements.
• Review fund activity and outputs to identify exceptions and risks.
• Investigate exceptions and obtain supporting information from fund service providers.
• Escalate issues per internal procedures.
• Support monitoring of investment, valuation, cash flow and safekeeping controls.
• Assist onboarding and due diligence reviews of managers, administrators and custodians.
• Prepare due diligence reports and management information.
• Support regulatory monitoring and risk assessments.

Skills

Fund knowledge

Analytical skills

Attention to detail

Communication skills

Prioritization

Depositary experience

Regulatory knowledge

Due diligence

Professional qualification

Job description

Northern Trust is seeking a Depositary Analyst to support oversight across investment funds, performing monitoring, analysis, due diligence, and regulatory oversight in line with UCITS and AIFMD requirements. The role works with fund service providers and internal stakeholders to ensure investor protection and strong control environments.

The successful candidate will participate in onboarding and ongoing due diligence of delegates, contribute to risk assessments, and support client reporting