Depositary Support Manager, Officer

Who we are looking for

The major focus of this role is to manage Lux Depositary processes delivery from Poland, in line with the company strategy and resources in the Poland location. Individual holding this role must have deep understanding of Regulated Funds lifecycle, regulations related to Depositary duties and great leadership skills.

Why this role is important to us
Depositary is an EMEA specific regulatory function with fiduciary duty to the end investor.
European investment funds, whether UCITS or AIF, must appoint a Depositary in accordance with the UCITS and AIFM Directives. The Depositary is responsible for the safekeeping of the investment fund's assets and therefore ensures separation of those assets from the management of the fund. In addition, the depositary is required to perform oversight functions and, in this way, oversees certain activities of the fund manager such as valuation of the fund assets and monitoring of fund cash flows.

What you will be responsible for
Person in this role will be responsible for executing following tasks (preparation and review):

• Safekeeping of financial instruments.
• Ownership verification and record keeping & reconciliation of other assets.
• Cash flows monitoring.
• Monitoring of investment restrictions.
• Oversight of subscriptions and redemptions.
• Review of asset valuation and calculation of NAV.
• Monitoring of settlement of asset transactions.
• Control of income distributions.
• Ensure effectiveness of operational procedures and controls.
• Address regulatory requirements and changes.
• Initiate process improvement, coordinate end-to-end process changes having focus on risk excellence approach.

What we value
These skills will help you succeed in this role:

• Excellent communication, organizational and planning skills.
• Ability to work with deadlines in a fast paced environment.
• Excellent project management and leadership skills.
• Ability to proactively work under own initiative.
• Attention to detail and concern for quality.

Education & Preferred Qualifications

• Overall knowledge of and minimum 3+ years of experience in investment funds operations, financial instruments and fund valuation processes.
• Knowledge of UCITS & AIFM directive and its delegated measures.
• Ability to work on projects and migrate operational processes.
• Ability to plan and monitor tasks, time management and organization skills.
• Understanding of operational procedures and controls
• Advanced communication skills, team spirit, leadership and engagement.
• Fluency in English, Polish, numeracy and IT skills.
• Experience with VBA, Xceptor, SQL, would be an advantage.

Additional requirements

• Comprehensive procedural, technical and product knowledge of the Depositary business is fundamental. This should be complemented with a strong understanding of fund accounting, custody and regulatory background of regulated investment funds and depositary.
• Comprehensive knowledge of systems, including Microsoft Office applications is required.

We offer

• Permanent contract of employment from day one.
• Additional holidays (Birthday Day Off, 3rd and 5th year anniversary Day Off).
• Gold medical package for employees and their families (partner and children).
• Premium life insurance package and private pension plan
• Employee savings plan.
• MyBenefit Cafeteria benefits platform including Multisport Card
• Wide range of soft skills training, technical workshops, language classes and development programs.
• Opportunities to volunteer your time to company-driven initiatives, employee networks or organizations of your choice.
• Variety of well-being programs including Employee Assistance Program.
• Technical or leadership career pathway.