Depositary Client Management - Vice President

Posted 3 Days Ago
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Dublin
Hybrid
7+ Years Experience
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As a Vice President in Depositary Services, you will lead due diligence reviews for various investment vehicles, ensuring compliance with regulations and safeguarding client interests. You will assess governance and control frameworks, manage client relationships, prepare reports, and oversee the operational model. Your role includes coordinating with internal teams and external regulators, ensuring any breaches are resolved satisfactorily.
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Job Description
You enjoy shaping the future of product innovation as a core leader, driving value for customers, guiding successful launches, and exceeding expectations. Join our dynamic team and make a meaningful impact by delivering high-quality products that resonate with clients.
Job Summary
As a Vice President in Depositary Services Team, you are an integral part of our operation which acts as depositary to a broad range of investment vehicles across numerous client segments. Your role is to protect the interests of the shareholders and safeguard the fund's assets in accordance with EU Regulations and the requirements of the Central Bank of Ireland. You will focus on client and stakeholder due diligence and assume responsibility for a portfolio of clients.
Job Responsibilities:

  • Plan and execute due diligence reviews of Manco / AIFM, Fund Accounting and Transfer Agency operations using a risk-based approach and following the procedures and practices established for the EMEA regional Depositary Due Diligence Function.
  • Assess the governance structure, processes, and controls framework of the entity under review.
  • Collaborate with Depositary Services teams across Europe in the planning, execution and governance of Due Diligence reviews where there are cross locational Mancos and Administrators.
  • Support audit, controls and regulatory requirements and requests as required.
  • Acting as the primary contact for allocated Depositary Services clients and respective delegates.
  • Preparation and delivery of reporting and metrics to clients / Fund Boards. Represent Depositary Services at client board meetings and periodic service reviews.
  • Management of client queries, issues, and internal referrals through to resolution. Error and breach management, working closely with the Administrator, Client / Manco, and Depositary Services Investment Compliance Monitoring Function to ensure satisfactory closure of breaches and errors including fund / investor impact assessment.
  • Notification of material breaches, errors, and significant matters to the Central Bank of Ireland.
  • Review of fund documentation to ensure any changes to investment objectives; distributions or any other relevant updates are shared with the appropriate functional teams in a timely manner.
  • Coordination, sign-off and the monitoring of compliance with the Performance Standards Document / Service Agreements.
  • Oversight of the end-to-end Depositary Services operating model & Risk Assessments, working closely with the Risk Oversight Function.
  • Support audit, controls and regulatory requirements and requests as required.


Required qualifications, capabilities, and skills

  • Strong interpersonal and client facing skills
  • Good working knowledge of UCITS/AIFMD regulatory requirements
  • Experience in fund accounting or depositary services
  • Organized, proactive and communicative with an ability to take initiative and assume responsibility
  • Excellent written and spoken communication skills


Preferred qualifications, capabilities, and skills

  • Education to degree standard (or equivalent) in an Accounting, Finance, Business, or related discipline is preferred and/or at least 7 years relevant experience in the Fund's Industry
  • Strong analytical skills, particularly with regard to assessing risk materiality and impact, to help ensure that Dublin Depositary Services maintains an efficient and effective oversight model
  • Strong team player, able to multi-task and work under pressure in a dynamic business environment and with excellent influencing and partnering skills
  • Ability to "join the dots" and evidence good judgment under pressure


About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
About the Team
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
J.P. Morgan delivers investor solutions that help clients protect their portfolios, optimize their efficiency and maximize opportunities in diverse global markets. Teams support clients across a global custody network spanning 100 markets, with custody and asset servicing, fund accounting and administration, alternative investment services, integrated analytics, agency lending, collateral management and depositary receipt solutions. Clients include asset and fund managers, asset owners, banks and broker-dealers, hedge funds and alternative investors, and insurance companies.

The Company
Dublin
289,097 Employees
Hybrid Workplace
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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