Depositary Supervisor

il y a 2 semaines


Luxembourg, Luxembourg HSBC Temps plein

  • HSBC
Luxembourg

Posted 3 hours ago Flexible Permanent Attractive

  • L
  • POSTED BY
  • L
u Recruitment

  • RecruteurFollow
  • HSBC Holdings plc, the parent company of HSBC, is headquartered in London.
HSBC serves customers worldwide from offices in 64 countries and territories in our geographical regions:
Europe, Asia, North America, Latin America, and Middle East and North Africa. HSBC is one of the world's largest banking and financial services organisations._

  • HSBC provides a comprehensive range of financial services through three global businesses: Retail Banking & Wealth Management; Commercial Banking; Global Banking and Markets; and Wealth & Personal Banking._
  • The HSBC Group in Luxembourg is a significant employer and operates several businesses including asset management, securities services, private banking and corporate banking._
  • For our securities services activities, we are currently looking to recruit a:_

Depositary Supervisor

Permanent contract


Reporting to the Depositary and Fiduciary Services Senior Manager, the job holder will play a key role in supporting the depositary oversight activities.


Role and Responsibilities:

  • Perform Depositary oversight duties relating to all funds (including private assets);
  • Review of checks performed by depositary offshore offices based on established oversight controls (including holding and cash reconciliations, income distribution, safekeeping and ownership verification checks);
  • Contribute to strategic change initiatives and tactical enhancements to the Depositary function and ensure high standard delivery to meet the evolving regulatory environment and clients' needs;
  • Contribute to the optimisation of the delivery process to establish maximum efficiency identifying and implementing improvements to processes and procedures whenever required;
  • Interact with Clients' representatives, Administrators, Transfer Agents, Management Companies and the Bank's management to resolve queries and escalate any operational issues in an accurate and efficient manner;
  • Work in a control focused environment
  • Support onsite due diligences on third parties and preonboarding/ongoing risk assessments in particular for private equity/alternative funds;

Experience and skills required:

  • Business degree or equivalent professional qualification;
  • Minimum 45 years' experience in a similar role;
  • Experience in the funds industry and/or understanding of private equity structures, and /or alternative funds;
  • Highly motivated to learn and to develop their career with HSBC
  • Able to plan and organise workload in order to meet deadlines, taking into account relative priorities; deadline driven and attention to details;
  • Able to operate in a dynamic and international environment and to work as a team player;
  • Open minded and with ability to communicate clearly and concisely;
  • Strong PC skills;
  • Fluency in written and spoken English is essential; German is a strong preference; other languages would be an advantage
  • We want everyone to be able to fulfil their potential which is why we provide a range of flexible working arrangements and family friendly policies._

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