Depositary Bank Agent - Transactions (m/f/n)

Your missions:

As a Depositary Bank Agent, you will be responsible for ensuring the analysis and understanding of fund investments in private assets, as well as transactional tasks and maintaining the position register related to the mandates of the depositary bank for alternative funds.

Your main responsibilities are as follows:

1. Ensure the follow-up of depositary bank mandates for alternative funds
2. Perform analysis of sometimes complex new investments of private asset funds in order to understand the holding structure up to the target investment
3. Manage the accounting of private asset positions in the bank's tools
4. Follow recurring transactions (capital calls) on certain positions
5. Execute payments for new or recurring transactions in the bank's tools
6. Verify at each transaction and on an annual basis that the alternative assets belong to the funds
7. Produce "Position Statements" for bank confirmations for alternative funds in accordance with regulatory requirements
8. Monitor and ensure compliance with obligations defined by the regulations on alternative funds
9. Prepare reports for auditors and other stakeholders in accordance with authority requirements
10. Ensure good communication with internal and external teams, including fund managers and auditors
11. Provide the data necessary for the billing of depositary bank services to private asset investment fund clients

Required Qualifications:

1. Holder of at least a Bachelor's degree with a banking/finance orientation
2. Professional experience of at least 3 years in the field of institutional clients and depositary banking
3. Mastery of French and English languages; knowledge of the Luxembourgish language is an advantage

Technical skills: The acquisition of these skills can, based on demonstrated learning predispositions, be carried out through coaching and training offered by the Bank during the start of the position and the integration period.

Professional skills:

1. Investment Funds
2. Securities operations

Regulatory skills:

1. Alternative fund regulations (e.g. AIFMD)
2. Investment fund regulations (e.g. UCITS)

IT and digital skills:

1. eFront
2. MS Office

Behavioral skills:

1. Adopt a collaborative attitude with professional interlocutors
2. Be part of a client-centric approach making client satisfaction a priority
3. Show an open mind towards change and adapt to the evolution of the bank
4. Demonstrate commitment and passion for the realization of missions

Reasons to join Spuerkeess:

1. Voted the most attractive employer in Luxembourg in 2023 according to the Randstad Study
2. Strong commitment towards social and economic responsibility
3. Attractive salary conditions with a public law status assimilated to that of state employees
4. Great flexibility of working hours and hybrid working mode
5. Personalized coaching program with follow-up throughout the integration
6. Wide range of training and strong internal mobility synonymous with career evolution
7. Workplace well-being actions and free Spuerkeess fitness room with group classes

Recruitment information:

Please send us your CV as well as a cover letter by applying directly on our career site. A criminal record will be requested during the recruitment process. For degrees obtained abroad, outside Benelux, registration in the register of university diploma titles issued by the Ministry of Research and Higher Education must obligatorily be introduced. In accordance with our values of equity and respect, we favor an inclusive and diversified work environment. Thus, we are committed to equal opportunities and encourage all qualified and eligible candidates to apply, regardless of their gender identity/expression, age, ethnic and cultural origin, religion and beliefs, sexual orientation, disability or neurodiversity, or any other personal characteristic.