Position Summary

Contributes to maintain and strengthen the depositary bank-monitoring program while developing controls, reviewing processes and procedures, sharing best practices and regulatory updates across the depositary bank.

Duties

• Review and monitor Real Estate and Private Equity transactions
• Support the Manager as required in preparing documentation for client meetings and Board of Directors meetings as required
• Interact with Clients, service providers, counterparties and Auditors as required
• Assist with daily oversight checks on the Depositary clients as assigned and report findings to the Manager
• Support the implementation of new business or products
• Follow the procedures and controls designed to ensure activity is performed according to regulatory requirements
• Participation in team meetings and providing training to other team members
• Identify and implement Client specific value added controls
• Work with colleagues to ensure timely and accurate completion of reporting
• Process Improvement experiences/ LEAN skills e.g. to design/establish new detailed processes, documentation skills, e.g. procedures/manual
• Ability to analyse data, understand trends and develop recommendations for action based on the analysis
• Proven analytical and problem solving skills
• Ability to identify logical and innovative solutions to complex problems
• Self-motivated, innovative and analytical
• Possess good understanding of data migration, testing and reconciliations.

Qualifications

• University degree. Preferably Business administration, Law, or similar subject.
• Any additional qualifications in financial markets will be a plus. (Masters, Diploma, etc)
• 3 years of experience in the Fund Industry is required – experience in Real Estate and Private Equity transaction monitoring is essential
• Attention to detail, motivation and willing to learn and make a career in financial services
• Perfect command of English. Any additional languages would be considered as an advantage
• Proficient command of Microsoft Office
• Basic knowledge of laws and regulations and of the custody and accounting principles applicable to funds.
• Strong analytical, communication and organization skills (both verbal and written)
• Ability to deal with different custody and fund administration systems.

BNY Mellon is an Equal Employment Opportunity Employer.
Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

Primary Location: Luxembourg-Luxembourg-Luxembourg
Job: Asset Servicing
Internal Jobcode: 70617
Organization: Trust And Depositary-HR17084
Requisition Number: 2106257