Head Depositary Services Operation - Conducting Officer

at  Alter Domus

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We are Alter Domus. Meaning “The Other House” in Latin, Alter Domus is proud to be home to 85% of the top 30 asset managers in the alternatives industry, and more than 5,000 professionals across 23 countries.
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Reporting to the Head of Depositary Services Luxembourg, you will be responsible for leading ADLU’s Depositary department, currently comprising of approximately 55 staff providing day to day depositary work in line with high quality standard services for Alternative Investment clients, representing today 700+ funds for a total AUM around €170bn and with a revenue of approximately €25+ mil p.a.

Main responsibilities will include:

• You will be accountable for the operational results of Alter Domus Depositary services in Luxembourg.
• You will ensure client satisfaction and high level of quality service delivery.
• You will build and lead high performing teams, build an efficient depositary target operating model.
• You will keep procedures and policies up to date in line with regulatory developments.
• You will report and present at board level and act as Conducting Officer in line with AD governance standard and representing the legal entity to outside parties.
• You will drive a high-performance culture, with clear accountabilities, driving and improving cross-functional collaboration.
• You will empower the teams at all levels to meet the Depositary requirements, mitigate risks and provide quality deliverables.
• You will manage capability of the teams in line with company objectives, manage performance and developing talent.
• As a leader, you will be responsible for driving change when necessary, delivering communications and directions to the team and supporting the development and engagement of employees at all levels.
• You will drive a culture of compliance and risk control to mitigate financial, operational and reputational risks.
• You will maintain a relentless focus on cost and budget discipline, driving a culture of accountability.