Depositary Bank Account Manager Alternatives Funds

In addition to servicing Private Banking clients, Edmond de Rothschild (Europe) acts as Depositary Bank for a wide range of UCIs across various client segments.

Edmond de Rothschild is a conviction-driven investment house founded on the idea that wealth should be used to build the future. Family-based, independent and specialized, the Group favors bold strategies and investments rooted in the real economy, combining long-term performance and impact.

**MAIN MISSION**

Edmond de Rothschild (Europe) acts as Depositary Bank for a wide range of UCIs across various client segments both within the field of traditional and alternative investment funds. Our mission is to provide investor protection through the safekeeping of the Funds’ assets and segregation, overseeing the general administration of the Funds, and the monitoring of the cash accounts of the Funds. Additionally, Depositary Bank Supervision ensures that all depositary oversight duties are performed in accordance with the applicable laws and regulations in line with industry best practice.

In this context, as part of its efforts to reinforce its supervisory activities relating to alternative investment funds, the Depositary is seeking a senior depositary bank supervision analyst to perform oversight duties with respect to private equity, real estate, infrastructure, venture capital, debt funds, as well as other types of alternatives funds. Given the complex nature of certain of our fund structures and the diversity of the asset classes in-scope, a proven experience of the AIFMD regime from a theoretical and practical perspective is a must.

This is a multifaceted position where collaboration, effective communication, and attention to details make the difference at the end of the day.

**OU OFFER**

An interesting position in a striving, highly motivated, multicultural and fast paced working environment.

**YOUR DUTIES**

As an Account Manager within our Alternative Funds’ desk, your main responsibilities will be to:

- Assume the responsibility for the effective performance of account management duties from a Depositary perspective i.e. recordkeeping and ownership verification for our alternative investments funds
- Perform cash flow monitoring and participate to the materialization of first line of defense controls relating to alternative funds in line with AIFMD requirements and internal procedures, escalate identified issues as required
- Monitor and report on the effectiveness of the operational output from third party service providers, and escalate any identified issue where appropriate
- Participate in the coordination of projects, requests for proposals, audits and holding confirmation campaigns, due diligences (AIFMs, central administrators)
- Work with internal & external parties to resolve queries

**PROFILE & COMPETENCES**

Master’s degree or equivalent in economics, management, law, or any other relevant education, ideally supplemented with trainings in the field the banking and / or the fund industry overall with emphasis on alternative funds
- First experience in a similar position, fund control or operations, client service management with focus on alternative funds’ activities and operations, any experience in the field of audit is welcomed
- Broad fund industry knowledge of the responsibilities of the Depositary under AIFMD. An understanding of complex Private Equity, Real Estate, and Hedge Funds’ strategies being a distinct advantage for the role
- Problem solving approach coupled with a « can do » attitude. An ability to connect different elements together, and manage various risks effectively
- High and constant level of commitment, equally comfortable working independently or within a team. Ability to coordinate work across multiple disciplines, prioritize, and handle multiple tasks while meeting tight deadlines
- Good communication skills i.e. able to articulate complex issues and deliver concise messages verbally and in writing in English being the corporate language of the Bank, German and / or French being a distinct advantage. Working proficiency in French required since being the corporate language of the Bank
- Le groupe Edmond de Rothschild valorise et s’engage en faveur de l’inclusion et la diversité sous toutes ses formes, en tant que facteurs de performance durable et de bien-être au travail_