Senior Depositary & Client Asset Oversight Analyst

Senior Depositary & Client Asset Oversight Analyst

This is a dynamic and highly responsible role requiring strong analytical skills, attention to detail, and the ability to navigate complex regulatory and operational challenges. Success in this position demands collaboration, strategic thinking, and exceptional communication.

Key Responsibilities

• Client Asset Governance
  Ensure robust governance of client asset requirements by implementing best practices, maintaining asset controls, and fulfilling safekeeping obligations with precision.
• Counterparty Acceptance & Monitoring
  Support the onboarding and ongoing monitoring of counterparties across the Bank and its client network, working closely with Network Management locally and within the Luxembourg hub.
• Strategic Advisory
  Act as a trusted advisor to the Head of Depositary Bank, providing insight on regulatory compliance, industry standards, and complex projects.
• First Line of Defense
  Execute first-line controls within the Depositary Bank in accordance with internal procedures. Identify and escalate potential risks, including fund or counterparty failures.
• Operational Excellence
  Maintain efficient processes and systems while staying informed on regulatory, technical, and business developments.
• Depositary Oversight
  Contribute to the design and execution of oversight controls, ensuring they remain effective, up-to-date, and continuously improved.

Profile & Competencies

• Education
  Master’s degree (or equivalent) in economics, law, or related fields. Additional training in risk management, banking, or investment fund industry is a plus.
• Experience
  Minimum 7 years in banking (audit & control), custody, or UCITS/AIF depositary roles, ideally with exposure to network management or depositary oversight.
• Regulatory Expertise
  In-depth knowledge of UCITS, AIFMD, and MiFID II asset protection rules.
• Problem-Solving & Collaboration
  Strong analytical skills with a proactive, solution-oriented mindset. Ability to manage diverse risks and synthesize complex information.
• Independence & Commitment
  Highly self-motivated, capable of working autonomously or collaboratively. Skilled in prioritization and deadline management.
• Communication
  Excellent verbal and written communication in English and French (French proficiency required as the Bank’s corporate language).
• Technical Skills
  Proficient in Microsoft Office; willing to learn core banking systems.