Depositary Manager, Officer

Who we are looking for

Depositary Manager - responsible for managing Depositary team in a way to ensure timely & accurate process delivery in line with SLA. Supporting company strategy by developing team members competencies & work on process efficiency. 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

• Organization of team workload, often in one month advance, plan & execute cross training plan to ensure required no. of people experienced in certain process
• Timely and accurate process delivery in line with SLA
• High quality of job aids and other supporting docs ensuring that any procedural inconsistencies or controls are clarified and unified across all NON-PERE Teams
• Work on process transformation together with Depositary Support Managers to execute EMEA Depositary Transformation goals and increase process efficiency. Seeking for standardization across all NON-PERE clients, discuss potential changes with Lux oversight management
• Monitor and work on increase employee's productivity
• Deliver regular trainings to increase employee competencies of depositary requirements and models established in Lux Depositary
• Set-up development goals for the individual team members
• Providing support in relation to new business onboarding and process transitions and perform post-transition analysis to identify process inefficiencies.
• Promoting risk culture environment & strengthening processes resiliency
• Delivery of variety internal reporting
• Executing depositary controls as part of BAU
• Active collaboration with internal and external stakeholders to address ongoing issues

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

• Excellent communication, organizational and planning skills
• Ability to work simultaneously on various project / processes
• Ability to work under time pressure
• Strong leadership skills
• Engagement & proactiveness
• Fluency in English - written and spoken

Education & Preferred Qualifications

• 3+ years of experience in investment funds operations
• Knowledge of UCITS & AIFM directive and its delegated measures
• Knowledge of CSSF Circulars 16/644 and 18/697
• Deep understanding of requirements of Depositary controls & connections with other business lines
• Project management skills would be an advantage
• Experienced in MS office package, especially Microsoft Excel.
• Experience with PowerBi would be an advantage

What we offer:

• Indefinite contract from day one
• Private medical care - Luxmed Golden Package
• Live and health insurance
• Retirement program
• Flexible working hours
• Multisport Plus card
• Training opportunities organized internally and externally ( employee-chosen external trainings / qualifications / postgraduate studies/ language courses)
• Additional days off (volunteering days, disconnect day, birthday off day)
• Paid referral program (for referring candidates to open positions)
• Participation in company committees: Sports Club, Culture & Nationality Committee, Diversity Committee, Toastmasters (public speaking practice), ESEAN (Environmental Committee) and many others
• Technical / Leadership development path

Additional Location
Gdansk only

Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to Flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.

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