Trustee Administrator

Permanent contract|Dublin|Banking operations processing

Trustee Administrator

  • Dublin, Ireland
  • Permanent contract
  • Banking operations processing


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 enterprise.

SGSS is among the top ten global custodians, and the 2nd largest in Europe, employing over 4,000 staff in 28 locations.

SGSS has 4 primary divisions:

SBO – Securities Banking Operations

FSO – Fund Services Operations

CML – Coverage, Marketing and Liquidity Management

CAO – Support function

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 as depositary for a wide range of international clients who manage UCITS, Alternative Investment Funds including private equity and real estate structures, hedge funds and special purpose investment vehicles.  We can offer a full suite of Fund Administration and Transfer Agency Services through our sister company.

Our primary objective is to assist our clients achieve their investment objectives supported through our local and global custody service divisions.

Summary of the key purposes of the role

Reporting to the Trustee Manager, the Trustee Administrator is responsible for overseeing legal and regulatory compliance with regard to Irish and non-Irish domiciled funds.  The role of the Trustee is to act independent of the Fund and its Management Company and ensure the Fund is being managed in accordance with its constitutional documentation, the Regulations and in all other material respects.

Previous experience in Trustee/Custody role desirable but not essential.

A key consideration of this role will be the opportunity to be involved in various initiatives designed to enhance the Depositary’s operational control environment.    


Summary of responsibilities

Portfolio compliance

• Investment & borrowing restriction monitoring

• Concentration and leverage calculations

• Breach register maintenance


Cash Flow Monitoring

• Identification of significant and inconsistent cash flow

• Eligible credit institutions

•Third party cash account monitoring


Net Asset Valuation (NAV) Oversight

• Income calculation and distributions

• Validate Share class hedging calculations

• Expense budget analysis

• Performance/incentive fee calculations

• Trial Balance/Portfolio Valuations analysis

• Contribute to the on-site visits of fund delegates and to the issuing of final reports


Asset Safe-keeping

• Ownership verification - securities held outside the depositary’s traditional safe-keeping arrangements

• Eligible Assets

• Real Estate and Private Equity structures


Client Service / Reporting

• Contribute and deliver monthly and quarterly reporting

• Assist with preparing responses to client queries

• Issuance of standard letters to the Regulators


Project Management

• Assist with work flow development and enhancements

Profile required


·         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 (VBA is an advantage).

·         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

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 identity.

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, 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: 240000NH
Entity: Société Générale Securities Services
Starting date: 2024/04/01
Publication date: 2024/01/09