Specialist, Business Regulatory Control Team, Trustee & Depositary (70675)
The successful candidate will be involved in all aspects of the Depositary thanks to the review of all regulations, procedures, controls and processes.
This transversal role will give an exposure to the whole Depositary Bank.
Participates in quality reviews / internal controls across all the Depositary bank to detect possible gaps (against regulatory duties and current processes), track and close subsequent monitoring findings.
Identifies regulatory changes (ESMA, CSSF and ALFI) and assess potential impact(s) on the Depositary Bank control framework.
Participates in the rule testing / fund setup of investment restrictions rules in the Compliance tool (Charles River) and further systems enhancements.
Ensures and controls we have proper documentations in place (checklists, procedures, matrices and SLDs).
Produces the monthly Business Regulatory Controls Report.
Collaborates with the team on ad-hoc queries and cross-location business (Law, changes, harmonisation and projects).
Participates in cross trainings with colleagues. Attends relevant courses when required.
Participates in internal / external regulatory forums (BNYM, E&Y, ALFI) to get updates on Luxembourg on UCITS and AIFMD related funds.
Will be involved in CSSF requirements (yearly reports and ad hoc queries).
Bachelor’s degree or Master’s degree in Economy, Finance or Business Administration.
10-12 years of total work experience is preferred.
Knowledge of the Depositary’s duties is preferred.
Financial industry experience preferred.
Excellent level in English (oral and written).
Sound and good knowledge in regulatory aspects (Directives, Laws, Circulars, market practices, Q&A’s).
Effective and concise verbal and written communication skills.
A background in Audit (Big 4 audit firm), Internal Control or Depositary would be an asset.