Private Markets Structuring 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 Structuring Intern is responsible for assisting the team of Private Markets Assets on the full process of acquisition of new investments. The objective of the internship programme is for the candidate to be able to independently analyse Private Market investments and continue with its on-boarding and its life cycle management.

Your responsibilities will be as follows:

• Proper understanding and due diligence of new private market investments until the final target assets held within the investment structure to be acquired by and held by the insurance policies
• Analysis and good understanding of standard private equity deal documentation and agreement
• Enhanced assessment of the valuation of the private market investments as well as all relevant risk factors related to that investment within an insurance policy as a whole
• Ensuring proper documentation and filing of collected and analysed documentation and evidence
• Ensuring proper onboarding of the private market asset including the 1st deposit / mirroring with the custodian bank to be executed within the specific timeframe
• Ensuring accurate application of the corporate private market assets policy and private market assets acceptance procedure.

Your profile – Have you got what it takes to become our Private Markets Structuring 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
• Excellent interpersonal and communication skills
• Knowledge of the alternative investment fund universe in Luxembourg is a plus
• 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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