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Depositary – Officer

State Street -
Kilkenny, County Kilkenny

Apply Now

Job details

Full-time
12 hours ago

Qualifications

Microsoft Powerpoint
Microsoft Word
Microsoft Excel
Microsoft Office
Leadership

Full job description

The candidate will be expected to have experience of working as an operations Manager / Officer, is required to demonstrate a comprehensive knowledge of relevant work processes and a broad understanding of related and interfacing activities to provide effective management of Depositary Services. Knowledge of depositary legal and regulatory requirements as well as familiarity with financial securities markets, language and products are mandatory. Knowledge of UCITS V and AIFMD regulatory requirements, especially in relation to ownership verification of other assets.

The candidate will be expected to work closely as part of a Management team and plan and deliver day to day deliverables. They will be a point of contact within the business for the department’s activity. A major focus will be on depositary operating model considerations, department strategy, and adoption of new business. The candidate will be expected to ensure that the team executes client and internal deliverables to the highest quality and that SLA provisions and relevant KPIs are met, along with compliance with regulatory requirements and with the relevant short, medium and long-term goals, objectives and values of State Street.

Reporting to an AVP within Depositary Operations in Kilkenny.

Job Duties and Responsibilities:

Ensure that the operational activities of the teams are completed on a daily basis in line with the controls that have been documented for the relevant function. Ensure work completed in delegate locations is effectively completed and overseen in line with agreed requirements.

Review workflow and resource allocation to ensure team activities are executed in the most efficient manner. Provide regular feedback to your direct Manager with regard to significant operational / staff issues and ongoing daily operational activities.

Consistently review the operational activities of the group, identify and implement operational best practices that result in improved delivery of depositary oversight and safekeeping processes, ensuring issues are escalated as they arise.

Provide subject matter expertise for the Depositary operations model and participate in new business on-boarding and Client due diligence meetings as necessary.

Assist the AVP with compliance/fiduciary reviews, controls and audits as needed.

Build and maintain strong relationships with delegated and internal service teams to ensure that services provided are in line with client expectations and legal and regulatory commitments. Promote open communication between Ireland teams, COEs and Shared Services to meet client and regulatory requirements.

Act in accordance with Risk Excellence and role model Ethical behavior and decision making as part of our Way Ahead foundation. Become a leader of change and adopt a no surprises mindset.

Foster an environment that supports effective team work across teams locally, regionally and globally, promote team working within the group.

Knowledge, Skills & Experience Required

Expectation of 7+ years (or equivalent) experience in the funds services industry with managerial level experience.
Excellent organizational and business support skills, with the ability to multi-task and to work calmly under pressure and under tight deadlines
Excellent working knowledge of MS Office suite including Word, Excel and PowerPoint
Possess excellent organizational, planning and co-ordination skills.
Knowledge of, and experience in engagement with, COE delegates used by SSCSIL depositary.
Knowledge of UCITS V and AIFMD regulatory requirements, especially in relation to ownership verification of other assets.
Proactive and able to work independently and as part of a team
Extensive product/regulatory and industry knowledge and significant client interactivity.
Knowledge, and practical implementation, of the risk framework employed at State Street.
Analytical thinker with an ability to think and act independently.
Leadership skills and ability to communicate effectively with colleagues at all levels demonstrating strong inter-personal skills.
Ability to manage change and to see change as a challenge- ability to develop new approaches to solving problems
Highly-motivated and enthusiastic.
Team player.

Core Competencies

Act Globally – Understand different perspectives and cultures to align management practices to fulfil business strategy.
Influence & Negotiate Courageously – Inspire and motivate others to drive and sustain State Street's success even in the face of resistance or challenge.
Fuel Innovation – Capitalize on new ideas to reinvent ourselves and the business.
Leverage Talent – Actively commit to developing yourself and others to drive the competitive advantage achieved through a diverse, engaged and mobile workforce.
Client Focus & Consultation – Provide excellent service and build strategic client partnerships based on knowledge of their needs and by exceeding mutual expectations.
Problem Solving & Decision Making – Develop solutions and provide counsel to ensure effective decisions are reached by employing timely, rigorous and logical.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

Apply Now

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Depositary Oversight Officer, 9 months Fix-term contract

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