Client Depositary Manager - Vice President

Job description

Lead and manage depositary client relationships to refine and develop capabilities during a period of significant regulatory evolution and business growth. As a Vice President in the Client Depositary Team, you will have the opportunity to work in all areas of the funds industry, including regulatory, legal, compliance, accounting, transfer agency services, custody, collateral management, and risk management. You will join an experienced team of depositary client managers responsible for leading, managing, and directing specific depositary services client relationships across oversight and controls.

You will also execute key business objectives, manage client and business risks, develop depositary product capabilities, and cultivate key client and stakeholder relationships.

Job Responsibilities

Ensure accurate and timely execution of oversight activities for allocated client relationships within defined business control and escalation frameworks. Foster and develop strategic partnerships with clients and key stakeholders, prepare and present depositary oversight programs and findings, and attend client fund board meetings. Lead by example, managing oversight activities to ensure risk assessments, client requirements, and due diligence are completed satisfactorily.

Identify emerging risks and escalate them to senior management for appropriate assessment and mitigation. Support product differentiators and develop a philosophy of continuous improvement. Engage with internal partners to ensure the Depositary strategy is comprehensive and supports the wider Investor Services objectives. Ensure depositary services comply with applicable laws and regulations and the specificities of alternative or private asset funds.

Required qualifications, capabilities, and skills

At least 10 years of experience in depositary services. Detailed knowledge of Luxembourg UCITS and AIFMD depositary oversight requirements, including relevant CSSF Circulars and Regulations. Extensive experience in the Luxembourg fund industry, including legal and regulatory requirements. Strategic management approach with the ability to identify and manage evolving risks. Professional judgment, strong communication, and networking skills.

Broad commercial expertise combined with experience in contractual and related legal processes. Demonstrable leadership and management capabilities. Strong analytical skills to review evolving market practices, assess oversight metrics and results, and identify trends. High emotional intelligence, with sound networking and influencing skills to enhance the effectiveness of the Depositary team.