Depositary Operations Officer

Company Description

Building the bank of tomorrow takes more than skills. 
It means combining our differences to imagine, discuss, code, develop, test, learn… and celebrate every step together. Share our vibes? Join Swissquote to unleash your potential.
We are the Swiss Leader in Online Banking and we provide trading, investing and banking services to +650’000 clients, through our performant and secured digital platforms.
Our +1200 employees work in a flexible way, without dress code and in multicultural teams.
By having a huge impact on the industry, they are growing their skills portfolio and boosting their career in a fast-pace environment. Have a look behind the scenes by checking Humans of Swissquote on Instagram.
We are all in at Swissquote. As an equal opportunity employer, we welcome candidates from all backgrounds, experiences and perspectives to join our team and contribute to our shared success.
Are you all in? Don’t be shy, apply!

Swissquote Financial Services (Malta) Ltd, the Malta-based fully-owned subsidiary of Swissquote Group, is a financial services company regulated by the Malta Financial Services Authority and providing Depository Services and Global Securities Trading Services to Collective Investment Schemes, Asset Managers, Wealth Managers and Family Offices.

By joining Swissquote, you will become a member of the sector's leading Depositary. You will be encouraged to develop your skills and to grow within teams of highly qualified specialists. We encourage personal development and actively support creative team work, leadership and responsibility.

We are looking for a positive and adaptive hard worker. We offer an unparalleled opportunity to operate in a fast pace environment with a great team of like-minded peers.

Our office is centrally located in St Julian’s.

Get on board with our team!

Job Description

We are seeking a detail-oriented ad organized Custody Operation Officers to join our Team. The successful candidate will be responsible for supporting the Depositary Operations in Malta in various oversight duties and activities, ensuring a smooth operation and maintaining compliance with regulatory requirements. This role is crucial in facilitating oversight operations of the Depositary and providing an exceptional service to our clients.

Key Responsibilities:

Process operational activities in relation to the oversight of Collective Investment Scheme’s in direct collaboration with our clients and their service providers.

• Cash flow monitoring: Accurate review and reconciliation of daily transactions
  • Review of transactions executed by the Fund to identify and investigate any unusual transactions
  • Review of investors subscription and redemptions, that these are carried out in accordance with applicable Maltese laws, rules and regulations, the Prospectus and the Articles
  • Reconciliation of cash balances of the Fund
  • Review that the value of the shares of Fund clients are calculated in accordance with applicable Maltese law, rules and regulations, the Prospectus and the Articles an in accordance with the AIFMD, UCITS and other legislation
• Exposure Restrictions Monitoring: Review of exposure limits
  • Review the Funds’ compliance with the exposure limits and leverage limits set out in the respective Prospectuses and any relevant supplements and the Articles an in accordance with the AIFMD, UCITS and other legislation
  • Investigation when exposure limits are exceeded and communication with the relevant parties
•  Review Net Asset Value calculations
  • Review the Net Asset Valuations calculated by the Fund Accountant to confirm that assets of the Fund are correctly prices
  • ensuring that in respect of transactions involving the assets of Funds, the consideration is remitted to the Fund within the usual time limits
  • ensuring that the income of Funds is applied in accordance with applicable Maltese law, rules and regulations, the Prospectus and the Articles
• Communication with clients and third-party service providers
• Process improvement: Identify and recommend process improvements to enhance efficiency and effectiveness in the Depositary Operation. General office administration

Qualifications

• Bachelor’s degree in Finance, Accounting or relevant field,
• Previous work experience within a similar role is a plus,
• Strong analytical skills and attention to detail,
• Excellent communication and interpersonal skills (oral and written),
• Proficiency in Microsoft Office Suite (excel, Word, PowerPoint),
• Ability to work in a fast-paced environment and manager multiple tasks,
• Knowledge of accounting and banking regulation is a plus.

Additional Information

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