AVP Custody Manager

• You will assist in the performance of annual due diligence reviews (remote and onsite) of each appointed third party sub-custody delegate and the preparation of a detailed risk assessment for each reviewed firm.
• You will assess due diligence questionnaire responses provided by appointed third party firms to whom safekeeping of assets may be or have been delegated.
• You will maintain an appropriate control environment to ensure the Depositary is fulfilling all regulatory obligations associated with the delegation of safekeeping to third party delegate.
• You will assess each third party delegate’s financial strength, operational and technological capabilities, regulatory and legal framework within which the third party operates and any functions sub-delegated to other parties.
• You will assist in the review of the custody risks and segregation criteria associated with the decision to entrust assets to a third party.
• You will monitor the ongoing risk associated with each appointed delegate and assist in the implementation of a contingency strategy as required.
• You will liaise with appointed delegates to address and resolve any queries and escalate any concerns/issues.
• You will prepare ad hoc MIS and reporting for senior management as required.

• You have a third level business/finance qualification and a minimum of 5 years fund services experience within the European funds industry
• You have Depositary, prime brokerage and/or global custody services experience
• You are an adaptable team player with a proactive approach to problem solving
• You are an excellent communicator with high level of interpersonal effectiveness

Quest Recruitment