Depositary Oversight Officer

  • 30 octobre
  • District de Luxembourg
  • CDI
  • Up to ?1500000 per annum + competitive


I am currently looking for a Depositary oversight officer for one of my client in Luxembourg.

Your tasks :

On-boarding and client service:

* Contribute to organizing and coordinating depositary aspects of new AIFs onboarding;
* Taking part in depositary feasibility/compliance assessments of new projects as an expert in private equity/debt and real estate asset classes;
* Liaise with clients for all operational matters relating to their investments,
* Escalate unsolved issues internally to the Depositary Supervision team;
* Working efficiently with fund administrations;

Investments supervision:

* Process transactions supported by accurate and complete documentation:
* Collecting, following up and understanding the investment/divestment documentation,
* Gather a fundamental understanding of the investment structure and especially the transfer of ownership;
* Prepare recordkeeping/payment instructions.
* Perform formal oversight on transactions bookings;
* Supervise investments during their life cycle and ensure the proper processing of economic benefits of transactions flowing back to funds;

Controls framework:

* Help design safekeeping procedures to be put in place with AIFMs ;
* Contribute to maintaining a efficient control framework on funds' transactions;
* Define processes and procedures; analyze and implement operational improvements;
* Facilitate communication between various PE and RE teams;
* Take part in performing due diligence on third parties involved in the safekeeping of assets.

Your profile:

* University degree in finance, economics, law or management;
* 3-7 years' experience in a similar position or in depositary operations;
* Able to understand Luxembourg depositary/fund regulations and best practices;
* Have knowledge of alternative products/strategies (PERE)
* Liaise with peers and external stakeholders including clients and regulators;
* Fluent in English and French.

Sthree Luxembourg is acting as an Employment Agency in relation to this vacancy.