JUNIOR DEPOSITARY ANALYST – ALTERNATIVE INVESTMENT FUNDS (M/F)
DO Recruitment Advisors is excited to be recruiting a Junior Depositary Analyst (m/f) for an International operator in the Alternative Investment Funds Industry based in Luxembourg.
The successful candidate will be involved in all of the key areas in the depositary function: asset verification, cash monitoring, oversight & due diligence duties.
Depending on the skill set of the candidate, the role will include some or all of the following:
•Administer depositary services for a portfolio of clients managing real estate and private equity funds.
•Client relationship management including ongoing multi-channel communication such as face-to-face, telephone and email.
•Undertake the client take on process and client risk assessments.
•Undertake key event assessments including subscriptions, drawdowns, acquisitions, disposals, distributions, terminations and others.
•Cash flow monitoring: preparation of high-level reconciliations, analytical reviews and substantive testing of bank accounts.
•Safekeeping and verification of assets: verifying that assets and their economic benefit exist and are owned by the Fund. Maintaining an up to date inventory of all assets held by the Fund.
•Ongoing monitoring and oversight of the Fund and Fund Manager - ensuring controls and procedures adequate and are being adhered to, ensuring the fund is being managed in accordance with the fund documentation
•Delivering work to the expected standard and timeframes.
THE CANDIDATE PROFILE:
•The candidate will hold a strong masters or bachelor’s degree in Business Studies, Economics or similar. Previous experience in auditing in the real estate / private equity industry would be an advantage however is not essential.
•Experience in Excel and Word (MS Office).
•Excellent attention to detail and an inquisitive mind-set.
•Ability to work in a small company environment with focused and hardworking individuals.
•Ability to plan effectively, with strong deadline orientation.
•Strong verbal and written communication skills.
•The candidate should be studying towards or willing to study towards a professional qualification such as ACCA.
•Fluent in English (French and German would be considered as an advantage).
Our client provides fund administration and AIFMD services to real estate and private equity clients.
At the final stages of the recruitment process, our client can ask the successful candidate to provide supporting documentation such as, for example, copies of diplomas or proof of previous jobs, and a standard criminal record check may also be requested.