Job Summary:
The Depositary Manager is responsible for overseeing the funds' domicile control and oversight program, managing client interactions, and ensuring the completeness of the operating model. This role requires a strategic leader with extensive experience in board and regulatory interactions, and the ability to lead the relationship with regulators in the domicile.
The role performs a broad range of client engagement, onboarding of new funds, offboarding and fund control and oversight tasks including escalation management.
Job Responsibilities:
- Oversee the oversight program for funds in the domicile, ensuring compliance with local depositary regulatory regimes.
- Ensure an appropriate and robust control and oversight framework for the funds.
- Carry out all assigned tasks and duties in line with the relevant Standard Operating Procedure (SOP) and J.P. Morgan’s internal policies
- Manage client responsibilities and interactions, ensuring the completeness and effectiveness of the operating model in place.
- Collaborate with the Country Depositary Manager (DM) to maintain and enhance the relationship with regulators in the domicile.
- Maintain close relationships with internal and external stakeholders and clients.
- Proactively escalate issues, delays, and key risks to the Head of Depositary Services Germany.
- Provide regular data inputs for reporting and statistical metrics.
- Outsourcing Governance and Oversight as well as Delegate Management
- Participate in regular Governance meetings and other Forums.
- Drive process improvements, and provide support for process and technology initiatives; leverage internal AI tools to improve efficiency and quality in BAU delivery
Required Qualifications, Capabilities, and Skills:
- Experience in Depositary Services or a related financial sector.
- Strong attention to detail and ability to work in a regulatory environment.
- Good analytical skills and the ability to support compliance efforts.
- Effective communication and teamwork skills.
- Eagerness to learn and develop within the depositary field.
- Strong analytical and problem-solving abilities.
- Ability to interpret and apply financial regulations.
- Strong attention to detail; high standards for quality (accuracy) and service (responsiveness)
- Excellent prioritisation, planning, organisational, and time and project management skills
- Ability to interpret and apply financial regulations
- Excellent interpersonal skills (verbal and written); confident communicator with internal and external stakeholders and clients
- Very experienced (advanced) with Microsoft Office (Excel/Word/PowerPoint)
- Excel: Financial Modeling, Pivot Tables, KPI Ratio Analysis
- AI Prompting
- Data Blending, ETL Processes, Workflow Automation (basis knowledge)
- Fluency in German is essential