Associate Director in Depositary

Posted 15 January 2024
Salary Negotiable
LocationLuxemburg
Job type Permanent
Discipline Fund Accounting & Operations
Reference0010
Contact NameScarlett Worthington

Job description

Associate Director in Depositary

The Associate Director in Depositary will lead the day-to-day delivery and development of depositary services business. They will support the Head of Depositary Services with operational, financial, governance and strategic considerations.

Roles and Responsibilities

  • Support the management of the executive-level relationships including and prepare periodic client relationship meetings and the formal presentation of reports to client boards
  • Continue to develop relationships with existing clients and their service providers
  • Act as line manager to the depositary management team and offer support to the depositary management team in developing relationships with other teams.
  • Work with the business development team and the Head of Luxembourg on the company's ongoing assessment and development.
  • Act as a higher-level authority for internal and external new business risk assessments, financial decisions and formal client communications
  • Work with the depositary management team, to ensure that the internal control framework is consistently delivered across the Luxembourg depositary services business
  • Act as the first point of contact and take day-to-day responsibility for internal legal, compliance and risk review planning, delivery and outcomes

Skills, knowledge, expertise:

  • Proven experience of delivering to a portfolio of clients and operating successfully at client board level. This could include writing and presenting reports and maintaining ongoing relationships with executive-level people
  • Experience of contributing to and being responsible for all aspects of running a successful business including, but not limited to, operational, financial and people performance as well as more medium-term strategic considerations
  • Experience in contributing to successful business development activity. This could include drafting proposals, fee quotations and presentation scenarios
  • Experience in managing manager-level people, and aiding in the leadership of their teams
  • Technical knowledge and a strong appreciation of the importance of risk, compliance and regulation
  • A background in private equity and/or real estate funds