Depositary Project Analyst (12m FTC)

Job Description

Company DescriptionIQ-EQ is a leading Investor Services group which combines global expertise with an unwavering focus on client service delivery. We support fund managers, global companies, family offices and private clients operating worldwideJob DescriptionN.B. This is a 12m Fixed Term Contract.We have an exciting opportunity to work within our Depositary team, carrying out asset verification, cash monitoring and compliance oversight for investment funds investing in private equity, real estate, infrastructure, renewable energy, forestry and otherasset classes.You will be responsible for administering and managing a portfolio of Depositary clients, with daily responsibilities including: asset verification (ensuring that each Client Fund or Fund entity has supplied sufficient information to prove good legal titleover the assets it owns), cash monitoring (ensuring all cash transactions are consistent with the Funds operations, and cash balances are reconciled), and compliance oversight (ensuring the Client is complying with all relevant aspects of the AIFMD). You willhave an understanding of the AIFMD legislation and build relationships with clients and other key stakeholders across the business.The role will also involve supporting the implementation of a new core system, and assisting in any and all tasks required.Day to day

• Taking ownership for the review and update of client asset registers by ensuring, by direct undertaking and by working with the wider Depositary Team
• Each Client Fund or Fund entity have supplied sufficient documentary evidence to prove effective legal title over the assets they claim to own
• You understand risk factors across each asset class and/or the location of assets
• You understand the legal frameworks under which assets are held
• Each Client Fund or Fund entity cash flows are in consistent with its operations and cash balances reconciled
• Ongoing Client compliance with the AIFMD
• You take responsibility for the duties delegated to you and to ensure that any concerns or potential risks are mitigated and where appropriate escalated to the Depositary Manager
• To take the initiative and to suggest new procedures to efficiently and effectively assist the team going forward

The role will also involve supporting the implementation of new core systems, to include:

• Promoting stakeholder engagement
• Collation and analysis of key data points for transition to new system
• Testing systems and providing feedback to improve overall process.

Qualifications

• Experience working in a dynamic and pro-active financial services environment
• Experience implementing systems
• Strong understanding of the cash reconciliation process
• Appreciation for a strong control environment and the importance of compliance
• Adaptable and flexible with regard to activities undertaken
• Comfortable reading and interpreting fund and/or legal documents
• Calm and practical under pressure
• Can take the initiative and put forward ideas and suggestions
• Meticulous and detail conscious
• Self-starter and comfortable working with a minimum of direct supervision
• Willingness to travel if necessary
• Proficiency in Microsoft Office applications.

Additional InformationAt IQ-EQ we want you to reach your full potential. We offer an inclusive and diverse environment to support your career aspirations. With a strong emphasis on continuous learning and a holistic approach to your professional and personal development. We alsooffer opportunities across our service lines and our international network of offices.