The financial world thrives on a foundation of trust and efficiency. Behind the scenes, depositories act as the guardians of this ecosystem, safeguarding assets and ensuring seamless movement of capital. If you're drawn to a career that merges meticulous detail with cutting-edge technology, the depository world might be your ideal fit.
Depositories function as custodians, meticulously securing financial instruments like stocks, bonds, and cash on behalf of investment firms, corporations, and individuals. They ensure the safekeeping, accurate record-keeping, and timely settlement of these assets. This intricate world demands a skilled workforce to navigate the ever-evolving financial landscape and maintain smooth operations.
Recent regulatory updates, namely enhanced reporting requirements around non-financial disclosure, have irrevocably changed the nature of the depository analyst job. These regulations require depositories to collect and report a broader range of data on environmental, social, and governance (ESG) factors associated with the assets they hold.
Decoding the Impact:
This shift in regulations significantly impacts the role of the depository analyst. Here are some key ways:
Evolving Skillset: Depository analysts now need to expand their skillset beyond traditional financial analysis. Familiarity with ESG metrics and the ability to interpret sustainability data become increasingly important.
Data Delving: The focus on NFD necessitates deeper data analysis. Depository analysts will be responsible for gathering and analyzing ESG data alongside traditional financial information. This requires proficiency in data mining tools and the ability to identify potential inconsistencies or areas requiring further investigation.
Enhanced Reporting: Depository analysts will play a crucial role in generating reports that comply with the new NFD regulations. This involves translating complex data sets into clear and concise reports that are relevant to stakeholders and regulatory bodies.
Collaboration is Key: Effective communication and collaboration with other departments within the depository, such as investment research and client relationship management, become even more crucial. Depository analysts may need to work closely with these teams to gather ESG data and ensure accurate reporting.
If you’re interested in moving into an impactful, rewarding career with a clear progression path this could be the best way to go. Contact the team today to find out more about our diversity-focused hiring solutions – we’ll connect you with an opportunity that suits your unique needs.
Business is booming in Dublin. From the rapidly expanding Fintech landscape, to the thriving tech sector, there are plenty of opportunities for anyone hoping to carve out a career in a truly astonishing city. Dublin is an attractive prospect for overseas talent, boasting a high standard of living and extremely competitive wages, particularly in the world of business enablement and business protection.
A business-friendly tax scheme (one of the lowest corporate tax rates in all of Europe) and a sturdy economy make the city an enticing prospect for entrepreneurs, and as a hotspot for ambitious tech companies, there’s a wealth of talent to tap into. It’s not just the business benefits that convince investors and individuals to flock to Dublin, it’s the city itself. With an unmistakable charm, a unique beauty, and an energy that you scarcely find anywhere on the planet, Dublin is a hub of culture.
Here at Broadgate, we’ve thoroughly enjoyed delivering staffing solutions to businesses all over Dublin, and we’ve had a great time establishing our presence in the city. We like to be in the heart of the action, and while we work hard to make sure our flexible working policy is reliable, we recognise the value of a strong physical presence in the markets that you’re working in. Our Dublin office is home to a passionate bunch of highly specialised consultants, all of whom have a wealth of experience in recruiting for risk and analytics, finance, accounting and audit, compliance, legal and financial crime, transformation and change, and other areas relating to business protection and business enablement.
Among soaring demand for talent, the threat of a looming recession, and the incredible growth of sectors in the city, Dublin’s companies are going to need to pull out all the stops to secure the right candidates. This can make it difficult for companies struggling with their talent pipeline, particularly those who are looking to scale quickly and build diverse teams.
The recruitment process can take its toll on time, money, and team morale if you keep getting it wrong. The consequences of a bad hire are wide-reaching, and they can be hard to undo. Here at Broadgate, we use a community-led, diversity-focussed hiring methodology to ensure that we pinpoint the best people for the job, while making the best possible impact on the wider world.
A lot of the time, internal hiring managers will rely heavily on their personal networks to source candidates, or they’ll resort to a range of job boards (which everyone else has access to), and this means they’re in no position to benefit from the potential of a wider talent pool. Whether you’re looking to fill exceptionally niche finance director jobs in Dublin, or you’re just moving to the city and want to start a new career, we can utilise our expansive, exclusive, and reliable talent network to find you the best opportunities.
If you’re looking for a Dublin recruitment agency, or perhaps rather, a global staffing agency with a presence in Dublin, then please reach out to the team today, we’re here to help.