Depositary Manager
Apex Group
- Stockholm
- Permanent
- Heltid
- Build a team of approximately 3-4 Depositary staff, with the scope to grow further
- Manage the delivery of depositary services to a growing portfolio of Real Estate and Private Equity fund clients
- Ensure the daily Cash flow monitoring and reconciliation process is completed on a daily basis to include:
- Reconciliation of subscriptions and redemptions
- Identifying and recording new cash accounts
- Identifying and reconciling all cash flow movements
- Highlighting any significant or inconsistent cash flows
- Ensure that the Investment and Borrowing monitoring checks for assigned funds have been completed
- Ensure that any breaches and NAV errors identified are immediately reported to Depositary Management and logged
- Ensure that certain NAV Oversight reviews are completed as assigned, including: Cash and Stock Reconciliations, Distribution Reviews, TA Reconciliations, Failed Trades Checks, NAV Reviews
- Compile and update KPI and revenue reporting for submission to Management
- Ensure adherence to all policies & procedures and local laws and regulations
- Responsible for the Client relationship management for trustee / depositary clients;
- Responsible for the presentation of Depositary reports to the Board of Directors on a quarterly basis for trustee / depositary clients
- Assist in Sales/Business Development meetings for prospective trustee / depositary clients.
- Preferably 5+ years of work experience in a depositary, fund accounting, Investment Manager or similar role. Exposure to Investment Compliance Monitoring would be a big advantage;
- Strong industry knowledge and financial services experience, with an understanding of the depositaryâs role and responsibilities;
- Strong people management experience, along with hands-on management of driving teams and projects;
- Good interpersonal skills to develop strong working relationships with colleagues;