Depositary Analyst with Italian

1 day left

Recruiter
State Street Corporation
Location
Gdansk
Salary
Competitive
Posted
20 Jul 2017
Closes
20 Aug 2017
Ref
166307
Sector
Banking
Contract Type
Permanent
Hours
Full-time

Job Description:

Purpose of Role:

The Depositary Analyst is responsible for analyzing the content and monitoring the quality on a wide spectrum of depositary control functions, namely cash-flow monitoring, safekeeping of assets and general oversight functions.

TECHNICAL COMPETENCIES

Depositary Duties:

  • Prepare cash monitoring work on a daily basis (significant cash flows, full cash flows reconciliation).
  • Prepare safekeeping of assets work on a daily basis (custody, asset ownership verification and registration).
  • Analyze the output of the reconciliations for specific instruments such as OTC Derivatives, ETD, cash, stock, etc.
  • Perform oversight checks on valuation (NAV calculation) and safekeeping of units (subscriptions and redemptions oversight).
  • Prepare various reconciliations on a monthly basis (cash monitoring, holdings, units) - compare and confirm data per client/accounting reports to data per bank/custody reports; research any discrepancies.
  • Make a risk assessment to identify risky items that require to be investigated further and that require escalation.
  • Document collection: understand and review the legal documents linked to the activity of an alternative investment fund: ISDA, CSA, due diligence questionnaires.
  • Collaborates with the Review Team on an ongoing basis.
  • Complete depositary checklist when required in accordance with procedures.
  • Stays objective and protects the investor`s interest at all times.
  • Ensure agreed timelines are adhered to.

Other:

  • Involvement in departmental ad-hoc projects.
  • Involvement in the training and development of other team members as necessary.
  • Make recommendations for changes to processes and procedures and prepare documentation for review as required.

 NON - TECHNICAL COMPETENCIES

Communication

  • Resolve review points highlighted by Senior Depositary Analyst and Team Supervisor and ensure they are kept informed of progress.
  • Establish and maintain good working relationships with internal clients and colleagues.

 Organisation

  • Undertake appropriate housekeeping duties e.g. filing, archiving, operation of clean desk policy.
  • Training and Personal Development
  • Work with Senior Depositary Analyst / Team Supervisor to identify objectives at the start of each year and keep them up to date.
  • Actively participate in the appraisal process by completing a self-evaluation and suggesting appropriate development.
  • Take responsibility for personal development and training

Qualifications:

Specific Qualifications / Skills:

  • Numeracy / Literacy skills.
  • Accuracy and ability to work to tight deadlines.
  • PC literate and competent in use of spreadsheets and word processing.
  • The ability to understand investment operations, funds and custody.
  • Proficiency in English.

Critical Behaviors for Success as defined:

  • Takes Ownership and Initiative
  • Ensures accuracy and quality
  • Provides outstanding service
  • Communicates Effectively
  • Displays Insight & Influence
  • Fosters Collaboration and Teamwork