130628-1 - Depositary Operations Consultant – Luxembourg

Depositary Operations Consultant – Luxembourg

Location: Luxembourg

Industry: Financial Services

Are you a depositary operations expert with a strong grasp of UCITS and Alternative funds? Join a globally respected Fortune 500 client in Luxembourg and support their mission to uphold the highest regulatory and operational standards within the financial services industry.

Objective

To perform key depositary operational tasks with a focus on oversight, compliance, and risk management for a portfolio of UCITS and alternative investment funds.

Key Responsibilities

• Perform day-to-day oversight and monitoring of Depositary operational procedures, ensuring full compliance with regulatory requirements (e.g., UCITS V, AIFMD).
• Provide ongoing technical, monitoring, and advisory support for traditional and alternative fund structures.
• Act as a key point of contact between the Depositary function, internal teams, clients, and external service providers, managing complex operational and technical queries.
• Conduct detailed analysis and supervision of daily, weekly, and monthly control checks, escalating findings and risk indicators as necessary.
• Collaborate with Depositary Managers to deliver client-focused technical advisory services and ensure that all operational expectations are met.
• Monitor and report on service level delivery (SLD) and delegate/third-party performance, providing risk insights and operational metrics.
• Prepare management information and participate in governance forums, contributing to internal risk frameworks and operational improvement initiatives.
• Support onboarding activities for new fund clients and participate in due diligence and implementation processes.
• Drive continuous improvement in Depositary operations, ensuring best practices in compliance, data integrity, and operational resilience.

Requirements

• Proven experience in a depositary operations or oversight role, ideally within a Luxembourg-based financial institution.
• Strong understanding of UCITS and AIF structures, with knowledge of applicable European regulations.
• Excellent analytical and communication skills with the ability to interact effectively across internal and external stakeholders.
• Detail-oriented, highly organized, and capable of managing multiple priorities in a dynamic environment.
• Fluency in English required; French or German is an advantage.