Private Markets Monitoring Intern

About Utmost International

Utmost International is a leading provider of insurance-based wealth solutions operating across the UK, Europe, Latin America, Asia, and the Middle East. Its' solutions are largely based on unit-linked insurance policies, serving the needs of affluent, high net worth (HNW), and ultra-high net worth (UHNW) individuals.

On a proforma basis at HY 2024, Utmost International manages £103.5bn of assets under administration on behalf of approximately 200,000 policyholders.

About Utmost Luxembourg S.A.

Sitting at the crossroads of private banking, asset management, and insurance, we operate in a well-established and fast-growing division of the financial services industry. Our dynamic international team of 450+ experienced wealth structuring specialists, subject-matter and technical experts consists of 50 different nationalities, speaking over 30 languages.

We are a diverse and inclusive organisation driven by a values-based culture that promotes excellence, ambition, and innovation. We invest in talented teams who develop their expertise, curated through support and training, and fostered through a people centred culture. Our people truly are our greatest asset

Your role – Are you ready for a challenge?

The Private Markets Monitoring Intern is responsible for performing adequate assessment of the valuation, the capital transactions and the risks linked to Private Equity and Real Estate funds or any other alternative assets with limited liquidity and transferability, in order to mitigate financial, operational, legal and reputational risks.

Your responsibilities will be as follows:

• The execution of controls in relation to the valuation of PE/RE funds including the cash & securities reconciliation, the analysis of variances, the reconciliation of units and other related tasks;
• The relation with internal teams to make sure that transactions in relation to PE/RE funds are booked accurately & timely;
• Enhanced assessment of the valuation of the unquoted investments as well as all relevant risk factors related to that investment within an insurance policy as a whole
• Close supervision and coordination of any re-structuring, corporate action on existing positions in unquoted assets
• Ensure proper documentation and filing of collected and analysed documentation and evidence
• Ensure accurate application of the corporate unquoted assets policy and unquoted assets acceptance procedure
  

Your profile – Have you got what it takes to become our Private Markets Monitoring Intern?

• You are currently studying towards an academic qualification in Finance
• Excellent analytical and problem-solving skills
• Flexible, must be able to work in a fast-paced, high-pressure environment
• Confident, professional approach to dealing with colleagues from different departments
• Strong team spirit and a dynamic personality
• Excellent interpersonal and communication skills
• Familiarity with the common MS Office software is a must
• Fluency in written and verbal English, knowledge of another major European language is a plus.
  

As an equal opportunity employer, all qualified applicants will receive consideration for employment without regard to gender, colour, religion, sexual orientation, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Given the sensitive nature of our business, industry sector and the role as described, the selected candidate is required to provide a criminal record (Bulletin n°3 for Luxembourgish residents). This excerpt will be kept by Utmost Luxembourg S.A. in compliance with article of the law of 23 July 2016 and for no longer than one month from the conclusion of the employment contract; otherwise, it will be destroyed without any undue delay should the candidate not be hired.

Utmost Luxembourg S.A. is aware of its obligations under the General Data Protection Regulation (GDPR) and is committed to processing your data securely and transparently.

Our Recruitment Privacy Notice is in line with GDPR and provides more information with regards to the types of data that we collect and hold on you as a job applicant, including for the performance of Background Checks.  It also sets out how we use that information, how long we keep it for and other relevant information about your data. For full details please click here Recruitment Privacy Statement

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