Senior Depositary Due Diligence Analyst (m/f)

Mission:

  • Conduct initial and periodic due diligences on the Investment Fund Managers (IFM) and their delegates.
  • Understand the organisation, the processes and key risk areas of the auditee(s).
  • Identify any weaknesses at the level of the auditee(s) that may be detrimental to the investors of the funds and / or may affect our Depositary duties.
  • Interact with auditees, ensure an active listening and maintain an effective communication to build a good relationship and prevent misunderstanding.
  • Understand depositary obligations and duties in order to manage incoming due diligence undertaken by clients on the depositary.
  • Conduct project within Depositary and Fiduciary Services (DFS) department to improve Due Diligence process

Key Responsibilities and Expected Result Area:

  • Ensure the review of the scope of the due diligences to be performed on the IFM and their delegates, locally or cross-border.
  • Lead depositary due diligences and manage incoming due diligences from clients.
  • Manage end-to-end on-site visits.
  • Review reported issues, errors and breaches over the period under review and incorporate these outcomes into the scope of the due diligence.
  • Ensure a close cooperation on transversal issues with different bank departments, to identify any field of risk(s).
  • Be familiar with Regulations such as AIFMD or UCITS V and keep oneself informed of Regulation evolution.
  • Monitor regulatory changes and adapt due diligence documents accordingly.

Required Skills:

  • Highly motivated, energetic and self-starter, who takes ownership of issues and drives them to resolution.
  • Strong interpersonal client facing skills.
  • Good working knowledge of UCITS/AIFMD regulatory requirements.
  • Experience in Private Capital funds as well as in depositary functions are a must.
  • Strong analytical and numeracy skills to assess fund impacts identify trends to help maintain an efficient and effective oversight model.
  • Strong team player with excellent influencing and partnering skills.
  • Ability to analyse, synthetize, share and communicate the information gathered.
  • English language skills preferably combined with working proficiency French. German is considered as an advantage.
  • Interest in Regulation and market practices evolutions.

Advantages of the position:

Transversal position, interaction with different actors of the Fund within or outside the Bank

Working environment

You will join within the Depositary & Fiduciary Services department, the Due Diligence Analysts team where you will perform due diligences on Management Entities and on their Delegates.

Education:

Bachelor / Master Degree
Experience of working in a customer-facing role
Knowledge in Depositary Duties/Fund Industry

Professional Experience:

Experimented Depositary and/or Fund Industry (2-5 years)

Transversal Skills

Ability to understand, explain and support change

Analytical Ability

Ability to develop and leverage networks

Ability to set up relevant performance indicators

Language Skills:

Fluent in French and English – German considered as an advantage

Job Category: Custody/Depositary
Job Type: Permanent
Job Location: Luxembourg

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