Head of Depositary Oversight
il y a 4 jours
Banque Pictet & Cie (Europe) AG, succursale de Luxembourg LuxembourgPosted 17 hours ago Permanent Competitive
**Your team**
The
- **Pictet Group** is one of the world's leading independent wealth and asset managers. Founded in 1805 and headquartered in Geneva, Switzerland, the Group is represented at 30 offices in financial centres worldwide, and currently employs over 5200 people. Pictet has been present since 1989 in Luxembourg, where it employs over 700 people.- With a view to developing its asset servicing business, the Pictet Group is seeking to recruit a
- **Head of Depositary Oversight** assigned to the
- **Depositary function of Bank Pictet & Cie (Europe) AG, Luxembourg Branch**, and reporting to the Head of UCI Depositary Duties.
- In this key role, you will lead the team responsible for performing the depositary oversight and cash flow monitoring duties required in accordance with the regulations applicable to depositaries in Luxembourg and industry best practices. Together with the team, you will work with clients, UCI auditors, UCI investment fund managers (IFM") and other UCI service providers as well as the business to ensure timely delivery of day-to-day responsibilities.
- While managing the team, you will contribute to some of the core day-to-day oversight tasks, such as performing new business acceptance reviews, delivering various reports, escalating issues or performing or answering due diligences.**Your role**
On-boarding and client service:
- Taking part in depositary feasibility/risk/compliance assessments of new business projects.
- Liaising with UCI management bodies with regard to the diligence and oversight controls performed, escalating unresolved issues internally and externally in accordance with escalation procedures agreed with clients.
- Making formal presentations of depositary reports to client boards and attending client relationship meetings if necessary.
- Working with external stakeholders and internal stakeholders providing services to ensure a consistent client experience.
Oversight tasks and control team assignments:
- Carrying out the monitoring and control measures set out in the Depositary Oversight control / task schedule with regard to depositary oversight and cash flow monitoring duties.
- Performing the regulatory due diligence required on specific UCI service providers (UCI Administrator, external valuer, IFM), including managing the diligence planning.
- Establishing and providing the UCI financial year-end asset confirmations to the UCI auditors and coordinating the banking aspects of the UCI statutory audit.
Risk management & Internal Control System:
- Ensuring a sound/effective control framework is in place for all oversight tasks, controls and diligence processes, implementing improvements, and making sure that the internal control framework is consistently delivered.
- Cooperating as part of reviews and audits performed by internal control functions, external auditors or supervisory authorities and implementing the recommendations issued within the time frame given.
- Keeping up to date with related business, technical and regulatory developments, in particular identifying and implementing industry best practices for depositary oversight duties.
Operational development:
- Continuously assessing and developing the depositary oversight operating framework, including the adequacy of staff resources, the use of systems, business processes and relationships with third parties, as well as analysing and implementing operational improvements.
**Your profile**
Job requirements and education:
- A relevant professional qualification in accounting, economics, finance, law, administration or management.
- At least five years' experience, ideally in a similar position with a Depositary, or in an equivalent management position with an entity responsible for delivering regulated professional services to UCIs in the EU (Investment Fund Manager, UCI administrator, audit company).
Skills and competences:
- Strong understanding of Luxembourg depositary/UCI regulations and related best practices; demonstrable knowledge of recent industry-related developments.
- Excellent interpersonal and communication skills, ability to communicate effectively and professionally with peers and external stakeholders, including clients and regulators.
- Ability to manage senior depositary officers / oversight specialists and to promote a strong team spirit.
- Ability to work autonomously, taking full ownership of assigned responsibilities with a commitment to delivering high quality work.
- Strong risk culture and proven experience of managing a sound risk management framework as part of the first line of defence.
- Experience of operating successfully at client board level, including drafting and presenting reports and maintaining ongoing relationships with executive-level representatives.
- Organised and accurate in all aspects of your work.
- Flexible, along with a capacit
-
Head of Depositary Oversight
il y a 1 semaine
Luxembourg PICTET Temps plein**Your team**: - The - **Pictet Group** is one of the world’s leading independent wealth and asset managers. Founded in 1805 and headquartered in Geneva, Switzerland, the Group is represented at 30 offices in financial centres worldwide, and currently employs over 5200 people. Pictet has been present since 1989 in Luxembourg, where it employs over 700...
-
Head of Depositary Private Asset Safekeeping
il y a 1 semaine
Luxembourg PICTET Temps plein**Your team**: - The - ** Pictet Group** is one of the world’s leading independent wealth and asset managers. Founded in 1805 and headquartered in Geneva, Switzerland, the Group is represented in 30 offices in financial centres worldwide, currently employing over 5200 people. Pictet has been present in Luxembourg since 1989 where it employs over 700...
-
Depositary Oversight Specialist
il y a 1 semaine
Luxembourg PICTET Temps plein**Your team**: - The **Pictet Group** is one of the world’s leading independent wealth and asset managers. Founded in 1805 and headquartered in Geneva, Switzerland, the Group is represented at 30 offices in financial centres worldwide, and currently employs over 5200 people. Pictet has been present since 1989 in Luxembourg, where it employs over 700...
-
Group Manager, Trustee
il y a 5 jours
Luxembourg The Bank of New York Mellon Corporation Temps plein**Position Summary**: Reviews the management and operation of funds/structures to ensure that they are being managed in accordance with the relevant rules and regulations. Oversees the teams who monitor the activities of client schemes in certain aspects of compliance. Responsible for effective management of administrative activities conducted by the teams....
-
Depositary Bank Oversight Senior Officer
il y a 2 semaines
Luxembourg Findel Airport Quintet Private Bank Temps plein**Purpose of the Job**: Acting as a trusted partner for more than 400 Investment Sub-Funds (representing 18 Bln€ assets under depositary), with increasing focus on Alternative business (240 Sub-Funds), Quintet Luxembourg offers a comprehensive range of Depositary Bank services with teams specialized in alternative assets (private equity, private debts,...
-
Head of Depositary
il y a 1 jour
Luxembourg JTC Group Temps plein**Join JTC where your contribution will be valued.**: We currently have an exciting opportunity for a Head of Depositary to join our team in Luxembourg. **Purpose of Job**: In order to reinforce our dynamic and growing Fund Services team, JTC (Luxembourg) S.A. is currently looking for a Compliance Administrator (M/F) **Main Responsibilities and...
-
Head of Depositary
il y a 2 semaines
Luxembourg Camden Recruitment Temps pleinOur client, a global investment management and fund services firm, are currently expanding their newly established Luxembourg entity and looking to set up a Depositary function. The role will report to the country head, you will be responsible for the establishment and strategy of the Depositary team along with taking a lead in gaining regulatory approval...
-
Depositary Manager
il y a 1 semaine
Luxembourg Eurolux Consulting Temps plein**Job Description**: Are you a senior depositary professional, looking to work for a growing and thriving international business in Luxembourg? You will have prior people management experience, and probably around 4 -7 years’ experience working in depositary services. In this role you will: Responsibilities include: - Report to the Head of Depositary...
-
Head of Depositary Operations, Conducting Officer
il y a 14 heures
Luxembourg SEI Investments (Europe) Ltd. Temps plein**What you will do**: Establish & Lead Depositary Team - In alignment with IMS management, develop strategic plan for the Depositary function in Luxembourg office, based on knowledge of IMS' solutions & business objectives - Create, communicate and monitor the vision, goals & objectives for the function in Lux - Participate in management training and lead...
-
Head of Depositary Operations, Conducting Officer
il y a 14 heures
Luxembourg SEI1GLOBAL Temps plein**What you will do**: Establish & Lead Depositary Team In alignment with IMS management, develop strategic plan for the Depositary function in Luxembourg office, based on knowledge of IMS’ solutions & business objectives Create, communicate and monitor the vision, goals & objectives for the function in Lux Participate in management training and lead the...
-
Depositary Oversight Specialist
il y a 1 semaine
Luxembourg PICTET Temps plein**Your team**: - The **Pictet Group** is one of the world’s leading independent wealth and asset managers. Founded in 1805 and headquartered in Geneva, Switzerland, the Group is represented at 30 offices in financial centres worldwide, and currently employs over 5200 people. Pictet has been present since 1989 in Luxembourg, where it employs over 700...
-
Associate Director
il y a 3 jours
Luxembourg Eurolux Consulting Temps plein**Job Description**: As a Senior Manager, you will work closely with the Head of Depositary Services supporting, developing and leading depositary operational functions, whilst being an integral part of the Group Depositary business. You will lead a team overseeing the daily delivery of depositary services, whilst working with the Head on financial and...
-
Specialist, Trustee&depositary
il y a 1 semaine
Luxembourg The Bank of New York Mellon Corporation Temps plein**Who we are**: For over 235 years, Bank of New York Mellon (BNY Mellon) has been at the center of the global financial markets, providing the world’s leading institutions the tools, capabilities, and services to be distinctive investors. BNY Mellon has approximately $16.5 billion in revenues and a 23% return on tangible common equity. BNY Mellon is a...
-
Head of Delegation Oversight
il y a 4 jours
Luxembourg State Street Corporation Temps pleinState Street Corporation LuxembourgPosted 1 day ago Permanent Competitive - Head of Delegation Oversight - Vice President **INTERNATIONAL FINANCIAL DATA SERVICES (IFDS)** IFDS, established in 2007, is a market leader in Transfer Agency Services committed to providing high quality services and technology to our clients, with European offices in Dublin and...
-
Depositary Oversight
il y a 1 semaine
Luxembourg State Street Corporation Temps pleinDepositary Oversight - Associate **Who are we looking for**: Join a dynamic Depositary Team focused on PE/RE environment. Perform the Depositary duties on a set of clients. Work closely with colleagues from Depositary oversight departments, Center of Excellences and other State Street offices. **Why this role is important to us**: The team you will be...
-
Head of Depositary Services, Luxembourg
il y a 14 heures
Luxembourg NatWest Temps pleinJoin us as a Head of Depositary Services, Luxembourg - In this key role, you’ll provide leadership and in-country strategic direction for the business across Luxembourg in support of the NatWest Group Depositary Services (NWGDS) vision, strategy and business balanced scorecard - You’ll also be responsible for the local reporting lines for all staff and...
-
Depositary Oversight Specialist
il y a 7 jours
Luxembourg Bank Pictet & Cie (Europe) AG, succursale de Luxembourg Temps pleinPictet is an investment-led service company, offering wealth management, asset management and related services. We are an independent investment partnership known for our long-term mindset, responsible approach to business and entrepreneurial spirit. These principles have defined us since 1805. For our clients, colleagues, and wider society, we always aim...
-
Group Manager, Trustee
il y a 7 jours
Luxembourg The Bank of New York Mellon Corporation Temps plein**Group Manager, Trustee & Depositary** Head of Business & Regulatory Affairs, Luxembourg Trustee & Depositary Grade : L **Position Summary** BNYM SA/NV Luxembourg Branch provides a broad range of Trustee & Depositary services to its clients pursuant to the provisions of AIFMD and UCITS in a regulatory compliant manner to ensure on-going compliance with...
-
Internship - Depositary Oversight (6 Months)
il y a 5 jours
Luxembourg PICTET Temps plein**Your team**: - The **Pictet Group** is one of the world’s leading independent wealth and asset managers. Founded in 1805 and headquartered in Geneva, Switzerland, the Group is represented at 30 offices in financial centres worldwide, and currently employs over 5200 people. Pictet has been present since 1989 in Luxembourg, where it employs over 700...
-
Depositary Oversight Specialist
il y a 7 jours
Luxembourg AP Executive Temps pleinLocation: Luxembourg - Salary: Negotiable per annum - Job Type:Permanent Posted about 9 hours ago Our client is a globally recognised service provider & is now seeking a depositary oversight specialist team in Luxembourg. You will hold a BAC +4 or +5 in Economics, Law or Management, or a similar. With 2 - 3 years relevant industry experience in depositary...