Alternative Depositary Oversight, Senior Associate (Hybrid)
State Street
- Luxembourg
- CDI
- Temps-plein
- Perform day-to-day operations linked to the requirements as stipulated in AIFMD and UCITS V Directives as well as linked to the articles in the CSSF Circulars 16/644 and 18/697.
- Analyzing assets acquired by the fund and determine the flow of ownership verification.
- Review the cash flow monitoring and assess if further investigations are required
- Perform the oversight duties (eg NAV oversight)
- Assist with presenting depositary services to potential clients and internal parties
- Taking part in the determination and assessment of relevant legal documentation on multi-domicile alternative structures such as private placement memoranda, share purchase agreements, corporate and financing documents, title deeds and similar
- Monitoring and taking care of the day-to-day operations of the depositary and following up with third parties, including administrator and fund managers
- Participating in performing due diligence on third parties and clients (AIFMs/ManCo’s)
- Determining and assessing relevant information on alternative structures/ UCITS relating to transactions and cash flows
- Non-technical competencies:
- Ability to analyze a situation and obtain information to reach sound conclusions
- Strong organizational skills, with attention to detail and meeting tight deadlines
- Excellent communication skills
- Service-oriented and results-focused
- Ability to work autonomously
- Good team player
- English and either French or German (fluent, spoken and in writing)
- Other languages are an advantage
- Degree in law, economy or finance
- Minimum of 3 to 5 years professional experience in a similar role; ideally in a depositary bank