The Depositary Control and Oversight is responsible for the monitoring and the performing of oversight on Nomura Bank (Luxembourg) S.
A.’s operations in its capacity as Depositary considering AIFMD and UCITS obligations. The Depositary Control and Oversight is part of the second line of defence at Nomura Bank (Luxembourg) S.A.
We are now looking to recruit a Trainee with a school convention for a period of 18 months (starting in September 2020) in Depositary Control and Oversight in order to support the team in place.
Your main tasks will be to support the team in place in :
Performing daily, monthly, quarterly and ad-hoc checks, based on established depositary control and fund administration oversight checklists and control procedures
Cash Flow monitoring
Preparation of failed trades reports
Safekeeping of Financial Assets (due diligence, segregation) and Other Assets (Record keeping and ownership verification)
Assessing UCIs strategy and Management Company organisation (due diligence, product understanding)
Resolving queries and escalating any operational issues and control weaknesses.
Assisting with the maintenance of the procedures manual of the Department
Assisting in project activity, management and analysis of the potential impacts of new laws, regulations, or company policies on depositary control and fund administration oversight procedures
Assisting with the due diligence exercise completion and on-site inspection of Prime Brokers, OTC brokers, 3rd party fund administrators and other providers.
Analysing and evaluating data for Key Performance Indicators (KPIs)
Please be aware that in accordance with the law of July 23, 2016, the selected candidate will be requested to provide a criminal record (section 3)