Depositary Specialist Luxembourg (permanent contract with our banking client )


Publication date 17/06/2024

Contract type Permanent


Location Luxemburg


Roles & Responsibilities

As a member of the depositary team, you will be directly hired by our client on a permanent basis. You will be responsible for overseeing and monitoring cash flows and safekeeping activities for UCITS and AIFs domiciled in Luxembourg.


In this role, you will:

  • Analyze daily fund data to perform oversight functions and cash flow monitoring, promptly investigating potential issues and escalating them as necessary.
  • Oversee outsourced custody, settlement, and network management activities.
  • Conduct initial and periodic due diligence on the processes and procedures of key stakeholders, summarizing your findings in detailed reports and presenting them to management and clients.
  • Actively participate in company-wide projects aimed at enhancing the client's architectural and process flows.


Your Profile: 

  • You bring 3 to 8 years of depositary experience, ideally with both UCITS and AIFs.
  • You have a strong interest in the fund industry and enjoy engaging in projects.
  • You are knowledgeable about CSSF Circulars 16/644 and 18/697 and proficient in the analysis of legal texts (legislation, regulation, prospectuses, etc.).
  • You are skilled at interpreting processes and procedures to identify risks.
  • You have a good command of Excel and preferably Business Objects.
  • You are fluent in English, which will be the primary language for formal communications, and adept at writing and explaining reports.


What the Client Can Offer You

  • Respect and inclusion: Individuality and team diversity are essential to achieving great things. Recruitment is based on talent and motivation, regardless of the candidate’s background or story.
  • Integration and work atmosphere: Excellent onboarding program and a pleasant, collegial work environment.
  • Personal and professional development: Opportunities to attend training to develop technical and soft skills.
  • Accessibility and flexibility: Offices are easily accessible by public transport, and partial remote work is an option. Flexible working hours to balance professional and personal life.
  • Compensation and benefits: Permanent contract with a competitive salary, supplemented by extra-legal benefits such as health insurance, €15 meal vouchers, and holidays in line with the collective bargaining agreement.


Interested? We look forward to receiving your application!


About Dynafin Consulting

Why Join Our Client?

Joining our client’s team means becoming part of a dynamic environment where your skills and expertise are valued. You will have the opportunity to work on stimulating projects and add significant value to the client's processes. If you are passionate about the fund industry and seek to advance in a collaborative and innovative setting, this position is for you.