Trustee & Depositary II Specialist

We’re seeking a future team member for the role of Specialist, Trustee & Depositary II (38ITTDP) to join our team. This role is located in Luxembourg.

In this role, you’ll make an impact in the following ways: 

• Perform and oversee safekeeping and cash monitoring controls.

• Review asset inventories, reconciliations and related exceptions.

• Support ownership verification and oversight of financial instruments and other assets.

• Investigate exceptions and ensure appropriate follow-up and timely resolution.

• Contribute to the oversight of UCITS and other regulated fund structures.

• Support audit, client and internal governance requirements.

• Work closely with internal and offshore teams to ensure controls are completed accurately and within agreed deadlines.

• Contribute to continuous improvement of controls, procedures and operating processes
   

To be successful in this role, we’re seeking the following: 

• Minimum 5 years’ experience in the funds industry, preferably within Depositary, Custody or Fund Administration.

• Strong knowledge of UCITS/liquid funds, the Luxembourg fund environment and applicable UCITS/AIFMD requirements. 

• Strong knowledge of financial instruments, including equities, fixed income, investment funds, derivatives and cash/money-market instruments. 

• Strong understanding of Depositary safekeeping and cash monitoring, including asset inventory, reconciliations and ownership verification. 

• Experience managing complex fund structures, multiple sub-funds and high volumes of positions. 

•  Strong analytical and problem-solving skills, with the ability to investigate breaks, identify root causes and drive resolution. 

• Ability to manage a portfolio of clients autonomously, prioritise activities and meet deadlines. 

• Strong communication and stakeholder-management skills, including interaction with clients, auditors and internal teams. 

• Strong attention to detail and control mindset, combined with a collaborative approach. 

• Fluent English; additional languages are an advantage. 

• Strong Microsoft Excel and Office skills. 

• Proactive mindset with an interest in process improvement, automation, digitalisation and AI.