Depositary Intern

Fixed term contract|Dublin|Other job functions

Depositary Intern

Dublin, Ireland Fixed term contract Other job functions

Responsibilities

Description of the Business Line or Department

Société Générale Securities Services (SGSS) is part of Global Banking & Investor Solutions (GBIS), a key pillar of Société Générale’s universal banking model.

Société Générale Securities Services (SGSS) has been active in Ireland for 20 years and is a leading player in servicing Irish domiciled and offshore collective investment vehicles. We act locally as fund administrator and depositary for a wide range of international clients who manage schemes from UCITS to AIFs including private equity and real estate structures, hedge funds and special investment vehicles.

The aim of SBO is to provide a full line of local and global custody services, as well as clearing, issuer and trustee services. It is structured around three operational businesses, one of those being Trustee & Depositary Services (TDS).

Summary of the key purposes of the role

The role of the Depositary is to act independent of the Fund board/Management Company to ensure they are managed appropriately in all material respects and to serve in the interest of the shareholders.  Reporting to the Depositary Supervisor/Manager, the Depositary Intern is responsible for overseeing first level controls regarding legal and regulatory compliance framework governing Irish and non-Irish domiciled funds. 

You will form an integral part of the Depositary team structure working with your colleagues to achieve a common set of objectives. 

Summary of key responsibilities 

Preparation of invoices for third party administered Fund clients. 

•           Assist with cash and stock reconciliations

•           Assist with Net Asset Valuations (NAV) and pricing control reviews.

•           Assist in the preparation of monthly and quarterly client reports.

•           Ensure prompt escalation to management of any issues identified.

•           Contribute to the On-Site reviews of Fund Administrators

•           Monitor compliance of funds under AIFMD/UCITS Regulations

•           Cash Flow Monitoring

•           Ownership Verification / Asset Inventory

•           Fee Controls (including performance fees)

•           Other such controls as may be required.

Profile required

Competencies

  • Good time management & organisational skills.
  • Good numeric & analytical skills with strong attention to detail.
  • Ability to work independently and as part of a team.
  • Solid understanding of financial instruments and stock markets.
  • Good working knowledge of Word and Excel
  • Good level of English with excellent writing skills.
  • Desire to learn new skills with a continuous improvement attitude.
  • Be self-motivated with a structured and determined approach to work, and show a willingness to take ownership of problems and an ability to communicate with clients and colleagues at all levels

EDUCATION

• Maths, Business or Finance qualification

LANGUAGES

• Fluent English, proficient in both written and oral communication

• Knowledge of French a plus

Why join us

People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like “hard work” and “dedication” together with “community” and “respect” has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.

Business insight

If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Société Générale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender reassignment.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 210004F6
Entity: SG CIB
Starting date: 2021/04/12
Publication date: 2021/02/12
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