Custody

Responsabilities:

  • Contractual documentation: follow up of LI account documentation
  • Accounts opening: managing all the processes to open LI accounts (master and sub- accounts) and be the internal and external key contact for the documentation
  • Ensuring controls at every stage of the opening account: Regulatory controls, Management and custody fees, etc.
  • Operations : managing withdrawals, additional payment, fees, VAT
  • Requests : managing requests about reporting, statements, web access, taxes, SWIFT connections, valuations, assets classification regarding the CAA circulars and driving resolutions and management of the queries about LI accounts
  • Processes : insuring implementation of harmonized “custodian life insurance procedures”
  • Regulation : maintaining awareness of regulatory developments (Priip’S, EMIR, etc.) and update LI procedures
  • Prepare the Priip’s Files required by Insurance Companies

Legal and Regulatory Responsibilities

  • Comply with all applicable legal, regulatory and internal Compliance requirements
  • Maintain appropriate knowledge to ensure to be fully qualified to undertake the role
  • Complete all mandatory trainings as required to attain and maintain competence
  • Adhere to, understand and promote an appropriate risk culture and sound risk management practice within the location; own and proactively act on results of first, second and third line controls within the business area of responsibility

Skills:

Qualification / education required

  • Degree in Business Management or economics

Experience Required

  • Minimum 5 years previous relevant work experience within an insurance company in a commercial function or within an insurance function

Competencies & Skills

  • Client service orientation, ability to work under tight deadlines; excellent communication skills
  • Autonomy, organization & ability to multi-task
  • Knowledge of European Life Insurance environment (Legal, Tax, Regulatory) and products
  • Team player and result-oriented

Systems Used

  • G2, CRM, DocuPrint, LA Retrieve, Microsoft Office, Connaissance client, Docflow, LA Scanner

Language skills

  • English and French; any other language is a bonus
Job Category: Custody/Depositary
Job Type: fixed-term contract
Job Location: Luxembourg

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