Senior Analyst / Technical Coordinator, Depositary Operations x4 at Northern Trust

Luxembourg

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Asset ManagementIndustries

Requirements

EU resident or Third country resident with an EU work permit
University degree or professional qualifications in accounting, economics, risk, compliance or finance
Comprehensive understanding of Depositary processes related to both traditional and alternative funds businesses
Solid experience in a Depositary, Custodian, ManCo/AIFM or EU or Luxembourg UCI Fund servicing role
Proven experience with Luxembourg, understanding and applying regulatory regimes of AIFMD and UCITS regimes
Proven client service experience
Strong knowledge of change management and expertise in transitioning and onboarding client relationships
Demonstrated knowledge of financial services regulations, particularly within the European Union
Fluent in English language, other EU languages would be an advantage
Excellent verbal, presentation, and written communication skills
Ability to adapt to and align with Northern Trust’s corporate culture
Positive, proactive attitude including a willingness to engage in a diverse range of tasks and to contribute enthusiastically as part of a team
Capability to perform effectively under pressure and to represent Northern Trust in a professional and positive manner, both internally and externally
Personal confidence and flexibility to undertake the variety of tasks required to build out the proposition and win and support client mandates
Good training skills and the ability to mentor and educate new members of the team
Core competencies: Client Focussed - Excellence in Execution - Effective Communication – Personal Courage – NT Savvy – Innovative - Diversity, Inclusion & Respect

Responsibilities

Ensure continuous execution of UCITS/AIFMD depositary oversight for Luxembourg UCI clients
Collaborate with the Depositary and EMEA leadership teams to anticipate, address, and validate technical requirements
Communicate client-related information clearly, securely and efficiently
Identify and implement process improvements
Support new business initiatives, due diligence, and client change projects
Monitor and report on delegate and third-party service provider performance
Provide management information and risk reports
Participate in relevant depositary governance forums
Build and maintain client relationships, seeking opportunities to enhance service delivery
Stay informed of regulatory developments
Oversee compliance with Contractual and Service Level requirements
Supervise routine checks of depositary functions for with alternative and traditional asset classes
Address operational and technical queries related to depositary services
Maintain and update operational procedures to meet risk requirements
Support onboarding initiatives
Demonstrate teamwork, leadership, multitasking, and a commitment to accuracy