Our client, a leading global bank, are expanding their independent depositary function and are seeking depositary officers.If you have depositary experience and you want to be part of a growing team with a friendly and supportive atmosphere, this is a great opportunity for you. Your main role would be to support the oversight activities of the fund management companies, including our third party administration providers. Your responsibilities will range across client/stakeholder management as well as management of portfolio funds.
Roles & Responsibilities
As a Depositary Services Officer, you’ll be overseeing third party administration and investment managers processes and procedures to ensure management company compliance. You’ll also be reviewing service level agreements and contractual requirements for our service providers for the various fund ranges, while also working with our Legal team
Along with this, you’ll be:
- Performing cash flow monitoring and record keeping of the Fund’s assets.
- Carrying out fund accounting oversight, including oversight of NAVs, capital activity, and fair value pricing decisions.
- Making sure evidential standards and record management requirements are in place, including implementing and managing the documentation retention process for regulatory documents, contracts, internal procedures, communications, reviews and projects for funds.
- Reviewing the delivery of regulatory changes at third party providers and making sure processes used by third part administrators are appropriate.
Essential Skills & Experience
- Minimum of 6 months experience within depositary in Luxembourg
- in-depth understanding of alternative investment funds, Luxembourg regulations, particularly AIFMD
- Custody experience can be additional plus
