Depositary Manager (12 month FTC)

IQ-EQ

1d • Remote

About The Position

As a Depositary Manager, you will lead the delivery of high-quality depositary oversight services across a diverse portfolio of investment fund clients. You will be responsible for managing client relationships, leading and developing a high-performing team, and ensuring regulatory compliance across key depositary activities, including asset verification, cash monitoring, and oversight. Working closely with senior leadership, Compliance, clients, and third-party providers, you will drive operational excellence, strengthen governance, and support the continued growth of the Depositary function.

Requirements

• Experienced professional with a strong understanding of regulatory frameworks.
• Ideally with 3+ years’ leadership experience in a financial services organisation.
• Degree-level qualification.
• Proven experience managing people, setting clear priorities, supporting performance, developing capability and creating accountability for quality delivery.
• Confident leading a team through competing priorities, operational issues, client demands and regulatory expectations, while maintaining a strong control environment.
• Ability to act as a senior escalation point, take ownership of complex issues and drive practical, risk-based resolution with clients, Compliance, third parties and internal stakeholders.
• Comfortable reviewing legal, fund and operational documentation, identifying key obligations, evidencing conclusions and challenging gaps where required.

Responsibilities

• Provide day-to-day line management for team members within the Depositary, including workload direction, prioritization, coaching, performance support and development planning.
• Be accountable for the quality of operational processes and outcome of operational issues, breach and risk event resolution, coordinating with Compliance, clients, third parties and internal stakeholders where required.
• Act as senior client owner for assigned Depositary relationships, including formal client responses, escalation management and oversight of day-to-day client service standards.
• Own delivery of client onboarding activity for assigned relationships, ensuring requirements, responsibilities and timelines are clear and actively managed.
• Deliver and support with reporting, ensuring outputs are accurate, timely, useful and aligned to management, client and governance expectations.

Benefits

• Comprehensive remuneration and pension: motivating financial packages based upon market rates for your role and is proportionate to your qualifications, level of experiences and skills profile
• Wellbeing: additional social benefits such as private health and dental cover, life assurance, eye test and corporate GP
• Annual leave: 25 days paid leave plus all UK public holidays
• Enhanced maternity and paternity, including shared parental leave and adoption leave
• Flexible working: open to conversations with employees related to setting up flexible working arrangements

What This Job Offers

• Job Type: Full-time
• Career Level: Manager