Depositary Due Diligence Officer

Your Day-to-Day

• Perform risk-based assessments of Investment Fund Managers and delegated service providers through recurring, thematic, and ad-hoc due diligence reviews.

• Evaluate governance frameworks, operating models, control environments, and key processes to identify areas of potential concern.

• Assess whether existing practices adequately protect investors’ interests and comply with applicable regulatory requirements.

• Plan, coordinate, and execute due diligence assignments from preparation through reporting, including meetings and on-site visits.

• Develop strong working relationships with internal stakeholders and external counterparties to facilitate efficient information gathering and constructive discussions.

• Review operational incidents, control breaches, and identified deficiencies, ensuring relevant findings are reflected in ongoing oversight activities.

• Work closely with various business functions to gain a comprehensive view of operational and regulatory risks.

• Contribute to the evolution of oversight methodologies by proposing process enhancements and best practices.

• Support cross-functional initiatives and participate in projects aimed at strengthening the overall control framework.

• Ensure due diligence programmes remain aligned with the nature, complexity, and risk profile of the entities under review.

• Coordinate and respond to information requests and due diligence exercises initiated by clients and external stakeholders.

Your Profile

• Relevant experience within the investment funds industry, ideally in Depositary Oversight, Operational Due Diligence, Risk, Compliance, Audit, or Fund Governance.

• Solid understanding of the regulatory environment governing investment funds, particularly UCITS and AIFMD frameworks.

• Familiarity with depositary oversight responsibilities and the associated control requirements.

• Ability to interpret regulatory developments and translate them into practical oversight measures.

• Strong interest in regulatory trends, industry developments, and evolving market standards.

• Exposure to alternative investment structures, including Private Equity, Real Estate, Infrastructure, or other Private Capital strategies, would be advantageous.

• Analytical mindset with the ability to assess complex situations, identify risks, and formulate pragmatic recommendations.

• Excellent interpersonal and communication skills, with confidence interacting with a wide range of stakeholders.

• Self-driven professional capable of managing priorities independently while maintaining high-quality deliverables.

• Collaborative team player with a proactive approach and a strong sense of accountability.

• Fluent in French and English; additional European languages, particularly German, would be considered a plus.

Job Category: Depositary
Job Type: CDI
Job Location: Luxembourg

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