Depositary Officer at Ocorian

Luxembourg, , Luxembourg -

Full Time

Start Date

Immediate

Expiry Date

27 Aug, 26

Salary

0.0

Posted On

29 May, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Depositary Administration, AIFMD Compliance, Cash Monitoring, Asset Safeguarding, Financial Reporting, Legal Document Review, Client Relationship Management, Risk Oversight, Time Management, Problem Solving, Attention To Detail, Interpersonal Communication

Industry

Financial Services

Description

Company Description Fund services | Corporate | Capital markets | Private client | Regulatory & Compliance We help clients succeed by unlocking new value through expertise, trust and scale. We deliver solutions that solve complex challenges faced by asset managers, financial institutions, corporates, high net-worth individuals and family offices. With a curious mindset, we ask the right questions to get to the right solution, faster. We collaborate to win together, sharing successes and shaping the future of our global business. Our culture of support and recognition provides the tools and opportunities for you to grow, while unlocking the most value for our clients and making your mark with Ocorian. Expertise: We deliver specialist, tech-enabled solutions for our clients grounded on deep industry expertise. Trust: We’re a trusted partner to over 8,000 clients globally. We are proud to have long-lasting partnerships with our clients. Scale: With more than 1,500 colleagues, we operate across 20+ countries, our scale enables us to support our clients globally and locally, providing a seamless client experience across borders and service lines. Job Description Purpose of the job You will deliver depositary services across a diverse range of fund structures, ensuring full compliance with the Alternative Investment Fund Managers Directive (AIFMD). This includes supervising the overall administration of the funds, safeguarding their assets, verifying ownership and maintaining records for other assets, as well as monitoring cash movements. Your responsibility is to make sure all depositary duties are carried out in line with applicable regulations and industry standards. Main Responsibilities To gather, assess and review the governing documents of client entities Perform daily cash monitoring on client bank accounts To verify (at the time of acquisition and on an ongoing basis) and maintain a register of the client’s financial and non-financial assets To complete oversight of the client's operations including reviews of procedures, controls and reporting to ensure that the funds operate in-line with their governing documentation/investment guidelines To review subscription agreements, call notices, distributions, due diligence, invoices, investments and NAV to ensure they are in line with the funds governing documentation and reflect the investors level of commitment To develop professional relationships with intermediaries and clients with whom the post holder comes in to regular contact, and to demonstrate a willingness to apply high standards of client care to all dealings with intermediaries or clients To produce quarterly and annual reports for clients detailing ongoing activites and compliance with AIFMD And any other such duties that might be reasonably required for this role #LI-DR1 #LI-Hybrid Qualifications Bachelor’s degree or equivalent professional qualification Knowledge, Skill and experience Good organisational and time management skills, applied to knowledge of the mechanics of depositary administration. An ability to take responsibility for the completion of work within the engagement while staying alert to potential issues that need to be disclosed to the Senior Manager Professional manner, demonstrating good interpersonal skills and the ability to respond to clients’ needs. Also, an ability to communicate efficiently and in a manner suitable to the client or intermediary being addressed Ability to review complex legal documents/financial statements, establish facts and draw valid conclusions Diligence and care in all aspects of the job, with the ability to collect data and keep accurate records Problem solving – able to review the situation and determine an alternative course of action to achieve the desired goal An interest in financial services/working within a regulated environment Taking initiative and take ownership of client portfolio. Competencies To support the Group’s goals, and demonstrate the confidence to contribute ideas To manage own workloads and clients’ priorities and to work to specific deadlines as agreed the client To produce work with a high level of accuracy and attention to detail To ensure that records are maintained and updated regularly in the relevant Ocorian systems What the role offers: The opportunity to work in a dynamic sector and, on interesting transactions. A professional environment which allows you to further develop your skills. A brand new office location in the Cloche d’Or business district. Additional Information All staff are expected to embody our core values that underpin everything that we do and that reflect the skills and behaviours we all need to be successful. These are: We are CLIENT CENTRIC – Clients are at the centre of our world, and we’re committed to providing expertise and specialist solutions to meet their most complex challenges. We are AMBITIOUS – We aim high. We think and act globally, seizing every opportunity to delight our clients and support our colleagues - wherever in the world they may be. We are AGILE – We act on our initiative to get things done for our clients. Our independence gives us the flexibility and freedom to keep things simple, efficient and effective. We are COLLABORATIVE – With a curious mindset, we ask the right questions to get to the right solution, for our clients faster. We collaborate to win together and share our successes. We are ETHICAL – We behave with integrity at all times and assume positive intent, building trust through responsible actions and honest relationships. Equal Opportunities for Everyone Please let us know if there’s anything we can do to make the process easier for you. You can reach us at [email protected]. We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status. Region: EMEA Jurisdiction: Luxembourg

Responsibilities

Deliver depositary services across various fund structures while ensuring full compliance with AIFMD regulations. Responsibilities include monitoring cash movements, safeguarding assets, and performing oversight of client operations and governing documents.