Senior Manager of Depositary Bank (h/f/x)
Must-have:AgileSeniorLead
Description:
Manpower Permanent Placement is recruiting on behalf of one of its clients, a fast-growing international structure based in Luxembourg, a Senior Manager of Depositary Bank (M/F/X) on a permanent contract.
- Status: Permanent contract (CDI)
- Location: Luxembourg – Kirchberg
- Start date: As soon as possible
- Start-up mindset
Within a dynamic, stable, and human-sized team, you will work in a fast-growing environment offering real opportunities for development and impact. This key position will allow you to actively contribute to the structuring and optimization of the depositary function.
Your responsibilities :
- Lead and oversee the Depositary Bank activity for AIF and UCITS funds
- Ensure the implementation and maintenance of regulatory controls (AIFMD, UCITS V, etc.)
- Act as a subject matter expert on depositary regulatory topics and maintain active regulatory monitoring
- Drive strategic projects (oversight tools, automation of controls, process optimization)
- Support and manage the team in daily activities and operational issue resolution
- Participate in fund onboarding (risk analysis, documentation review, drafting of memorandums)
- Supervise due diligence on delegates, service providers, and sub-custodians
- Ensure follow-up and escalation of incidents, as well as the implementation of remediation plans
- Validate depositary reporting, asset confirmations, and regulatory reporting
- Represent the depositary function with regulators, auditors, and other stakeholders
Your profile:
- University degree in Law, Finance, Economics, or equivalent
- Significant experience (minimum 7–8 years) in asset servicing, custody, or depositary in Luxembourg
- Fluency in English is mandatory; French and Italian or Spanish are considered assets
- Strong knowledge of UCITS, AIFMD regulations, and the Luxembourg framework
- Proven experience in team management
- Excellent communication and stakeholder management skills
- Strong analytical, organizational, and problem-solving abilities
- Autonomy, proactivity, and initiative
Why join this opportunity?
- Join a fast-growing international structure
- Evolve in an agile, collaborative, and entrepreneurial environment
- Benefit from real career development opportunities
- Actively contribute to the development and evolution of the depositary activity