Depositary Officer (m/f)

Depositary Officer- (CDI) (Ref:MIBLDO_092026)

Responsibilities:

• Assist senior staff in assessing the nature, scale, and complexity of AIF/UCITS strategies and determine how to apply oversight procedures to each AIF/UCITS in the best adequate manner.
• Create, adapt, review due diligence questionnaires along with the related documentation and perform risk-based approach analysis to report an opinion of the adequacy of any contractual engagement.
• Assist senior staff to obtain and assess legal documentation to fulfil depositary's ownership verification and record keeping duties.
• Ensure that MUFG operational flows, policies & procedures/checklists are following AIFMD & UCITS Laws and CSSF regulatory frameworks.
• Ensure with the relevant areas that fund events and issues are monitored in an appropriate manner and reported timely to senior management and risk management as appropriate.
• Assist in the preparation of reports to senior management, to board of directors of fund/management companies, to various committees and to clients.
• Support the client on-boarding process and the implementation of service level agreements.
• Attend periodic client service meetings / funds board meetings.
• Provide departmental reporting to management.
• Ensure close cooperation on transversal issues with various internal (department heads, senior management…) and external stakeholders and counterparties (banks, prime brokers, lawyers, CSSF inspectors, investment firms, auditors, …).
• Perform periodic checks based on established depositary controls:
• Monitoring of cash flows with a focus on ‘significant' and ‘inconsistent' movements.
• Monitoring the adequacy of the safekeeping/recordkeeping of financial/non-financial assets.
• Monitoring the day-to-day administration of those assets and oversight of the assigned AIFs & UCITS funds activities (transactions, corporate events, dealing, NAV calculation, investment restrictions, AIF income distribution, exceptional reports, incidents…).

Qualifications:

• University degree; preferably business administration, finance, law or similar subjects or relevant expertise in the domain.

Required Skills:

• Several years' experience in the banking and financial industry.
• Knowledge of depositary duties and responsibilities, AIFMD & UCITS: knowledge of the European and local regulatory requirements along with the technical applications.
• Expertise of financial markets and instruments (cash & money market, equities & bonds) and other financial instruments (derivatives, collateral, OTC trades, futures, options and swaps, commodities, CDS, repo/securities lending).
• Knowledge of private equity, real estate, FOHF and hedge funds business.
• High level of risks and controls knowledge, analytical skills dedicated to precision with the ability to identify and suggest process improvement opportunities.
• Demonstrate autonomy, team spirit, accountability, ownership, client focus and transparency.
• Flexibility, good organisational, relationship management, synthesis, and writing/reporting skills.

Pay range:

• €76,000

If you are interested in taking up this opportunity, please send your application letter with detailed curriculum vitae to:

Mitsubishi UFJ Investor Services & Banking (Luxembourg) S.A. Attention: Human Resources Department 287, Route d'Arlon L – 1150 Luxembourg e-mail : recruitment@lu.tr.mufg.jp

Please be aware that in accordance with the law of July 23rd, 2016 the selected candidate will be requested to provide a criminal record (section 3).