Job Description

EMPLOYMENT TYPE: Permanent

DEPARTMENT: Fund & Corporate Services

DIVISION: Institutional Client Services

WORKPLACE STRUCTURE: Hybrid

PURPOSE OF JOB

This
role involves assisting INDOS in fulfilling its responsibilities under the
depositary requirements of the Alternative Investment Fund Management Directive
(AIFMD). The role will focus on our diverse range of private equity, real
estate, debt and venture capital fund clients, including investment trusts
listed on the London Stock Exchange as well as UK and non-EU limited
partnership and fund structures.

The
primary responsibilities will be in the areas of “Cash Flow Monitoring”,
“Record Keeping and Verification of Other Assets” & “Oversight”. This
includes review of significant and inconsistent cash transactions, verification
of asset ownership, and a range of oversight duties including ensuring
compliance with the fund’s offering documentation, review of shareholder
transactions and fund valuations.

The
Trainee Depositary Analyst is responsible for servicing a portfolio of client
funds and carrying out reviews of those funds in a timely manner and in
accordance with internal procedures.

MAIN RESPONSIBILITIES AND DUTIES

• Review fund valuations and accounts, in line with department defined timelines and procedures, to ensure they have been completed accurately and in accordance with the fund documentation.
  
• Maintain asset registers and undertake procedures to verify the fund’s ownership of those assets.
  
• Undertake daily cash flow monitoring of fund bank accounts.
  
• Ensure that funds are compliant with key underlying fund documentation and any issues are identified, logged and resolved in a timely manner.
  
• Review drawdowns and distributions and ensure the expected procedures have been followed.
  
• Co-ordinate with fund administrators and investment managers through multi channel communication to ensure that all necessary information is received in a timely manner.
  
• Prepare periodic client and fund board reports.
  
• Work effectively within the team but show appropriate levels of initiative.
  
• Facilitate open communication with Depositary team members and client staff members to identify any potential issues/improvements.

ESSENTIAL REQUIREMENTS

• A bachelor’s degree or A-levels a distinct advantage.
  
• Desire to study towards a relevant professional qualification such as ACCA.
  
• Excellent attention to detail and pro-active mind set.
  
• Previous experience in the financial services / real estate / private equity / venture capital an advantage.

OUR COMMITMENT TO INCLUSION & WELLBEING

JTC is committed to fostering a healthy, inclusive organisation where all individuals feel welcome and feel able to participate in the workplace fully. We value different perspectives, backgrounds and lived experiences. This includes supporting employee wellbeing so that people feel equipped to thrive.

#LI-CC1