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Depositary - senior associate / supervisor

Quest Recruitment
Supervisor
Posted: 5 February
Offer description

We're working with a leading financial services firm that is continuing to invest in and grow itsDepositary functionin Dublin. As part of this expansion, the business is hiring atSenior Associate / Supervisor level, with opportunities acrosstwo specialist Depositary teams.This role will appeal to both:Depositary professionals looking to deepen their experience, andFund Accounting Senior / Supervisor-level candidates seeking to step into a broader oversight, governance, and client-facing roleTeam alignment will be discussed during the recruitment process and will be based on experience, strengths, and career interests.The RoleThis Depositary model offersdeeper specialisationthan traditional A-Z providers, with strong exposure to governance, regulation, and senior stakeholders.You will join one of two core areas:Relationship Management (Client-Facing Depositary)This team focuses on client service delivery and governance oversight.Responsibilities typically include:Acting as a key Depositary contact for assigned funds and clientsPreparing for and participating in board meetings, governance forums, and client service callsManaging client expectations, queries, and escalationsMaintaining oversight across core Depositary duties, including cash and NAV-related mattersApplying a sound working knowledge of UCITS and AIFMD regulationsCoordinating internally with operational and oversight teams to ensure consistent service deliveryThis area suits candidates who are strongall-rounders, commercially aware, and comfortable in client-facing environments.Investment & Borrowing OversightThis is amore technical Depositary teamwith in-depth responsibility for investment and borrowing compliance.Responsibilities typically include:Monitoring compliance with investment and borrowing restrictionsReviewing breaches, errors, and escalations from a Depositary perspectiveInterpreting fund documentation, prospectuses, and regulatory requirementsWorking closely with Fund Accounting and other service providers on complex issuesContributing to controls, reporting, and process improvement initiativesThis area suits candidates who enjoytechnical analysis, regulation, and detailed oversight work.About YouWe're open to a range of backgrounds, provided you bring strong fundamentals and sound judgement.You are likely to have:Experience in Depositary, Trustee, Custody Oversight, or Fund AccountingA strong understanding of NAVs, fund structures, and control frameworksExposure to NAV breaches, investment restrictions, or regulatory oversightFamiliarity with UCITS and/or AIFMD environmentsConfidence working with multiple stakeholders in a regulated settingFund Accounting candidates are very much encouraged to apply, particularly those at Senior or Supervisor level with experience dealing with breaches, complex NAV issues, or audit and regulatory queries.Why Consider This Role?Clear progression within a well-established Depositary platformChoice of client-facing or technical specialist career pathsExposure to boards, governance, and senior stakeholdersSupportive environment for step-up candidates

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