Depositary Services Associate-2

Who we are looking for

Reporting to Senior Associate / Officer in Depositary Oversight, this position is an opportunity for a suitable candidate to gain exposure to all areas of Depositary Oversight.

Previous experience in structured products including derivatives would be a distinct advantage in addition to strong technical IT skills.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best.Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

AsDepositary Oversight Specialist-Associate-2role you will

Major Responsibilities :

• Complete reviews in line with allocation
• To ensure timely and proper completion of tasks.
• Review and comment on draft prospectuses and financial statements
• Devising work programs and schedules
• Assisting the manager in selecting potential team members.
• Review of portfolio of funds to ensure compliance with Regulatory investment restriction and borrowing power limits on a daily and monthly basis.
• Ensuring breaches are rectified in a timely manner on the regulatory log once resolved.
• Responding to client queries in accordance with department requirements.
• Testing of compliance monitoring systems and reporting thereon.
• Review of Fund NAV component including distributions and performance fees paid by funds that they are being processed in accordance with regulatory requirements and fund documentation
• Assist with review of the operational departments in order to ensure funds are being administered in accordance with fund documentation/Regulations

What we value

• Review and comment on draft prospectuses and financial statements
• Devising work programs and schedules
• Assisting the manager in selecting potential team members

Education & Preferred Qualifications

• Proactive and able to work independently and as part of a team
• Honours Degree in relevant discipline
• Relevant industry / professional qualifications an advantage

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

For further information, and to apply, please visit our website via the “Apply” button below.