Depositary Manager

Posted 21 August 2023
Salary €75000 - €90000 per annum
Job type Permanent
DisciplineFinance, Accounting & Audit
Contact NameNathan Hodeib

Job description

Depositary ManageR

Location: Luxembourg

The purpose of this position is to carry out routine day-to-day functions of the depositary services offering.

Key responsibilities:

  • Contribute to the day-to-day client relationships for a small but growing portfolio of depositary clients to ensure that high levels of service are delivered
  • Review the depositary checklist output delivered by a small team of direct and indirect reports to ensure that all relevant operating procedures, policies and professional guidelines are being adhered to
  • Assist the team manager, provide support and cover to the team manager, assist in management of day to day operations, ensuring the team are effectively supervised, coached, directed, engaged and encouraged through their day-to-day work and longer-term ambitions
  • Assist the Team Manager and wider Leadership team in monitoring the operational and financial performance of the team
  • Develop regular client reporting on our work, to include our activities, findings issues (if any) and conclusions

Skills, knowledge, expertise:

  • Hold a Bachelor or Master's degree in Finance, Economics or Business Administration
  • The candidate will be expected to have at least 4-6 years' fund accountancy or administration experience supported by a relevant professional qualification (ACCA, ACA, ICSA Diploma level or any other equivalent)
  • Experience of managing a number of client relationships or a significant part of a major client relationship is essential
  • Experience of being responsible for a small team, including coaching, delegation and performance management of more junior staff is also essential
  • A willingness to read and interpret domestic and EU regulations and legislation is desirable
  • Fluent in English (French or German would be considered as an asset)
  • An eye for detail and good degree of initiative with an ability to provide commercial, risk sensitive solutions for clients