Manager - Depositary

• Administer depositary services for a portfolio of existing and new clients managing real estate and private equity funds.
• Taking responsibility of all client deliverables and deadlines, organising work effectively with the depositary team, reviewing and sign-off for key events, cash monitoring, risk assessment, asset verification, client take-on, quarterly reviews and quarterly depositary reports.
• Undertake preparation or review of key event assessments including: subscriptions, drawdowns, acquisitions, disposals, distributions, terminations and others.
• Client relationship management including ongoing multi-channel communication such as face-to-face, telephone and email and leading client meetings.
• Persevere with non-responsive clients to find alternative ways of working and solutions to aid timely delivery of information.
• Manage the billing process: reviewing billing schedules ahead of quarter and chase any late payments.
• Cash flow monitoring: ensure cash monitoring and reconciliations have been properly performed by the team.
• 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 are adequate and are being adhered to, ensuring the fund is being managed in accordance with the fund documentation.
• Ensure any new business is taken on in an efficient and timely manner.
• Develop a thorough understanding of AIFMD requirements governing the role of depositary.
• Develop high quality working relationships with internal and external stakeholders.
• Attending and presenting the Depositary reports at client Board of Directors meetings.
• Directly managing and supervising the depositary team ensuring that they are effectively supervised, coached and engaged.
• Be the point of contact for the senior depositary analysts in all matters relating to core deliverables, escalating to senior line management as required.
• Review the depositary controls and reports delivered by the team to ensure accuracy and that all relevant operational procedures, policies and professional guidelines are being adhered to.
• Review depositary procedures, review checklists and propose improvements.

• Good knowledge of the audit technics.
• Ability to understand/to investigate complex transactions including through the review of accounting records, financial reporting and legal documentations.
• Previous experience of managing a number of client relationships would be considered as an advantage.
• Excellent attention to detail and an inquisitive mind-set.
• Good knowledge and understanding of the AIFMD and Luxembourg regulatory framework.
• Ability to work in a rapidly expanding, company environment with focused and motivated individuals.
• Ability to solve practical problems and provide guidance to more junior staff.
• 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 accounting qualification such as ACCA, CAIA, etc.
• Fluent in English (French and German would be considered as an advantage).

Langham Hall