Who we are looking forWe are looking for a Depositary Oversight Officer reporting directly to Depositary Vice president.This position is an opportunity for a suitable candidate to gain exposure to all areas of Depositary activities and management experience, to assist in the formulation and implementation of Depositary policy and procedures in a key department and changing regulatory environment.Previous experience in structured products including derivatives would be a distinct advantage in addition to strong technical IT skills.Why this role is important to usYou will be joining the Institutional Services function that allows us to deliver a comprehensive, holistic approach to each client relationship — for asset managers and asset owners, insurance companies, and official institutions globally. It means our client-facing functions work together to bring the very best solutions and services the firm has to offer — across all of our locations, products, and capabilities.Join us if making your mark on the long-lasting client relationships we build is a challenge you are up for.What you will be responsible forAs a Depositary Oversight Officer, you willManaging an investment monitoring team members in their review of all fund types to ensure compliance with the funds' investment restrictions including sophisticated derivatives and discussing with clients any exceptions that are identified;ensure timely and proper completion of tasks of team members;Review and comment on draft prospectuses and financial statements;Appraise performance of team membersDevise work programs and schedules;Select potential team members;Ensure breaches are rectified in a timely manner;Respond to client queries;Test of compliance monitoring systems and reporting thereon;Attend board meetings;Create and update Depositary policies and procedures.What we value These skills will help you succeed in this role:Ability to allocate workloads appropriately to ensure client and regulatory requirements are met within agreed deadlinesExcellent attention to detail, and ability to work under pressure and to tight deadlinesDemonstrated ability to supervise a teamExcellent attention to detailAbility to work under pressure and to tight deadlinesHigh communication skills, both verbal and writtenGood organizational skills and methodical way of thinkingTeam playerEducation & Preferred QualificationsDegree qualifiedRelevant funds industry experienceUnderstanding the funds investment objective and strategies is preferableSound understanding of the regulatory framework for Funds (UCITS/Non-UCITS)Knowledge of, or familiarity with, investment monitoring systemsHighly computer literateAbout State StreetAcross 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 Read our CEO Statement