Société Générale Securities Services (SGSS), the Securities business line of Société Générale Group, is one of the main Administration and Custody actors for mutual funds in Luxembourg.
We offer a complete range of services for institutional clients : liquidity management, compensation, depositary and conservation services, funds administration and asset servicing, transfer agent and issuer services.
A role within the supervisory team of the Depositary Bank, where you will assist the team to monitor and protect fund assets.
In particular you will :
Ensure that the Depositary Bank duties allocated to you are performed in accordance with all relevant regulatory directives;
Perform relevant checks relating to asset and cash flow monitoring and follow up on any exceptions identified. In particular :
Support the reconciliation of fund cash and assets between the depositary and third parties;
Review fund cash flows ;
Review securities pricing discrepancies;
Review fund valuations and NAV price movements;
Liaise with the fund administrator and / or the management company on cash or asset-related issues ;
Perform or support relevant checks relating to the oversight function of the branch, e.g. review of fund administration processes, transfer agency processes, investment restriction monitoring;
Assist the department in the review and implementation of new regulations and directives;
Perform investment compliance reviews of funds;
Develop and improve investment compliance policies and procedures;
Ensure that all fund activities and policies are all times compliant with CSSF regulations;
Complete all necessary regulatory reporting associated with fund investment compliance.
A Bachelor / master degree in Finance / Business administration (or working towards such a qualification);
Excellent knowledge of depositary bank, fund administrator and transfer agency activities;
Have a sound knowledge of the Luxembourg investment fund’s environment from a compliance and legal perspective, especially in terms of investment techniques and instruments;
Ability to work independently and excellent analytical skills;
Structured and solution oriented working methodology ;
Dedication and team spirit ;
High level of commitment and interest to work in a dynamic and demanding environment;
Good communication skills ;
Liaise with clients, lawyers and regulators on compliance and regulatory issues;
Availability for a 12 month mission.