Who we are looking for

We are looking for a Senior Depositary Analyst responsible for Depositary controls execution and review. You will ensure that deliverables are produced and dispatched on time in accordance with service level agreements and agreed quality standards. We would like you also to be engaged in process transformation and cooperatation with Luxembourgish partners to increase process effectiveness and new Clients onboarding.

This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.

Why this role is important to us

Depositary is an EMEA specific regulatory function with Fiduciary duty to the end investor.

European investment funds, whether UCITS or AIF, must appoint a Depositary in accordance with the UCITS and AIFM Directives. The Depositary is responsible for the safekeeping of the investment fund’s assets and therefore ensures separation of those assets from the management of the fund. In addition, the depositary is required to perform oversight functions and, in this way, oversees certain activities of the fund manager such as valuation of the fund assets and monitoring of fund cash flows.

What you will be responsible for

As Senior Depositary Analyst, you will

• Preparation and review of various depositary controls being part of:

• safekeeping (confirming ownership & reconciliation of the various types of assets including derivatives, syndicated bank loans and many others)

• cash monitoring

• oversight duties (i.e. capstock, distribution, timely settlement)

(Mainly mutual funds in scope, accounting held in MCH)

• Liaising with internal and external stakeholders to obtain key inputs for service delivery

• Job aids maintenance

• Testing and implementation of new tools related to the ongoing business transformation.

• Improving process effectiveness through elimination of non-value added steps

What we value

These skills will help you succeed in this role:

• Fluency in English - written and spoken

• Ability to work independently, take ownership for end-to-end process

• Highly self-motivated, detail oriented and able to work collaboratively,

• Establish and maintain good working relationships with internal clients and colleagues.

• Presentations skills

Education & Preferred Qualifications

• At least +1 years of relevant working experience preferably in depositary / fund administration / derivatives

• Bachelor’s degree, preferable in finance, accounting, economics

• Experienced in MCH & excel functionalities

• VBA, Xceptor or Power Query skills would be an advantage