Depository Analyst, Senior Associate

at  State Street Corporation

WHO WE ARE LOOKING FOR

The Depositary Oversight Team performs the depositary functions for Alternative Investment Funds and UCITS, The candidate will act as deputy to the team leader representing the team internally and towards clients,
This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.

EDUCATION & PREFERRED QUALIFICATIONS

• Degree in law, economy or finance
• Minimum of 3 to 5 years professional experience in a similar role; ideally in a depositary bank Non-technical competencies
• English and either French or German (fluent, spoken and in writing)
• Other languages are an advantage

ARE YOU THE RIGHT CANDIDATE? YES!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

WHY THIS ROLE IS IMPORTANT TO US

You will be joining the Institutional Services function that allows us to deliver a comprehensive, holistic approach to each client relationship - for asset managers and asset owners, insurance companies, and official institutions globally. It means our client-facing functions work together to bring the very best solutions and services the firm has to offer - across all of our locations, products, and capabilities.
Join us if making your mark on the long-lasting client relationships we build is a challenge you are up for.

WHAT YOU WILL BE RESPONSIBLE FOR

As Depository Analyst you will

• Perform day-to-day operations linked to the requirements as stipulated in AIFMD and UCITS V Directives as well as linked to the articles in the CSSF Circulars 16/644 and 18/697.
• Analyzing assets acquired by the fund and determine the flow of ownership verification.
• Review the cash flow monitoring and assess if further investigations are required
• Perform the oversight duties
• Assist with presenting depositary services to potential clients and internal parties
• Taking part in the determination and assessment of relevant legal documentation on multi-domicile alternative structures such as private placement memoranda, share purchase agreements, corporate and financing documents, title deeds and similar
• Monitoring and taking care of the day-to-day operations of the depositary and following up with third parties, including administrator and fund managers
• Participating in performing due diligence on third parties and clients (AIFMs/ManCo’s)
• Determining and assessing relevant information on alternative structures/ UCITS relating to transactions and cash flows
• Ensuring implementation of and compliance with relevant internal procedures

These skills will help you succeed in this role:

• Ability to analyze a situation and obtain information to reach sound conclusions
• Strong organizational skills, with attention to detail and meeting tight deadlines
• Excellent communication skills
• Service-oriented and results-focused
• Ability to work autonomously
• Good team playe