Our client is a fund administration company and is currently looking for a SENIOR DEPOSITARY OFFICER to join their DEPOSITARY team. They offer a young, dynamic, and international corporate atmosphere as well as the benefit of customized training adapted to your needs throughout your career.

Mission

• Gain expertise on our processes to become the Client dedicated point of contact for Depositary subjects :
• • Maintain Fund Profiles up to date
  • Manage client communication
  • Follow-up escalation process
  • Ensure Funds’ compliance to regulation
• Conduct project within Depositary and Fiduciary Services (DFS) department to improve Depositary Controls (Cash Flow Monitoring and Oversight Duties)
• Support DFS Depositary Controls teams in their daily tasks in order to get familiar with DFS processes and procedures
• Support the team in charge of the Safekeeping Follow-up and Asset Inventory production in their relationship and follow-up of exceptions with the different Safekeepers

Key Responsibilities & expected result area

• Projects to support DFS managers and teams in the tailoring of the depositary control plan for all structures
• Assistance to the different teams in the execution of their tasks and controls
• Once familiar with all DFS processes, as Client dedicated point of contact for Depositary:
  • Ensure strong understanding of the Clients and their specificities by maintaining Funds Profile up to date
  • Guarantee Client Satisfaction by being the trusted and dedicated point of contact for Depositary subjects.  Reply to client queries
  • Ensure receipt of daily/monthly reports of exceptions resulting from Depositary controls and the follow-up of the escalation process
  • Get a good understanding of the exception in order to be able to discuss it internally (with managers and other department representatives) or externally directly with the Client, an auditor or a legal advisor
  • Produce Depositary reports to the attention of the ManCo/Board and certify Funds’ compliance to regulation
  • Organise/attend meeting and call with ManCo/Board
• Be familiar with Regulations such as AIFMD or UCITS V and keep oneself informed of Regulation evolution.
• Ensure close cooperation on transversal issues with different Bank departments in case of process or new product analysis.

Skills required

• Expertise on Depositary duties and knowledge on Private Capital structures considered as an advantage
• Expertise on AIFMD and UCITS V Regulations, especially regarding depositary topics
• Interest in regulation and market evolution
• Good understanding of investment funds activity and actors responsibility
• Sound knowledge of the different asset classes
• Fluent in French and English – German considered as an advantage
• Comfortable with usual Office tools (Excel, word, access,…) and knowledge in Visual Basics considered as an asset
• Strong interpersonal and communication skill with the ability to deal with intermediaries and colleagues at all levels
• Oral and writing presentation skills
• Excellent organization skills with the ability to efficiently manage time, rank priorities and respect deadlines
• Demonstrate autonomy, with the ability to take initiatives in order to improve process flows