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Depositary Controls Specialist Job in Luxembourg
Eurobank SA , Luxembourg

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1 Year
0 - 0
Job Type
Job Shift
Job Category
Requires Traveling
Career Level
As mentioned in job details
Total Vacancies
1 Job
Posted on
Mar 17, 2021
Last Date
Jun 17, 2021

Job Description

We are seeking for a Depositary Controls Specialist to join our Back Office Department.

The mission of the department is to receive, process, and settle client instructions in the systems of the Bank and in the market. The clientele serviced by the department is consisted by Institutional, Corporate and Private Entities.In parallel to the above tasks, the department performs a variety of controls and reports relevant to its operations, both internally and regulatory driven.

As a Depositary Controls Specialistyou will be interacting on a daily basis (amongst others) with the Fund Services Department of the Bank and you will liaise with Clients, Counterparties and the Regulator

Your key responsibilities will include the Oversight and Controls related to AIFs and UCITS relevant regulations and in particular:

  • Subs/Red Control review: Reconciliation outstanding units / review amounts paid and received / late trading control, etc.;
  • NAV calculation review: Cash reconciliation / Benchmark and NAV variation / Stale Prices / valuation of positions / performances fees / accrued income, etc.;
  • Investment restrictions review: in-depth review of the accuracy and exhaustiveness of the rules parametrized / understanding and review of the reports / follow up on the remediation of breaches;
  • Timely Settlement review;
  • Distribution of Income review: check accuracy and completeness of the dividend calculation and payment performed by TA;
  • Cash Flow Monitoring;
  • Review the reconciliation between the Fund records and the different counterparties (other assets);
  • Review of Financial Statements / LFR;
  • Review of the Fund expenses and related calculation;
  • Initial and Ongoing Due Diligence performed on Mancos / AIFs / AIFMs;
  • Due Diligence on Delegates;
  • Regulatory Reporting to CSSF (Annual Self-Assessment Questionnaire, Annex 1 Reporting, AML/CFT Questionnaire etc.)


You will be a great candidate for us if you:

  • Own a Bachelor Degree in a Finance related field
  • Have minimum 10 years’ experience in Fund Services / Administration Operations
  • Have deep knowledge and experience in the whole process of NAV calculation and Fund administration in general
  • Are multitasking, have good analytical skills, are organized and committed to details, know how to prioritize in times of intense workload
  • Are proficient in Microsoft Office. Very good command of Excel will be considered a plus
  • Are fluent in English amp; French
  • Knowledge of G13 or T24 (Temenos) and SWIFT messaging will be considered a plus

And you share the same Value Based Behaviors:

  • Learn amp; self-improve with every opportunity
  • Bring high impact results
  • Build mutually beneficial relationships when interacts with clients or colleagues
  • Bring people around to your idea, solution or direction
  • Develop new solutions, minimize complexity
  • Gain other people's trust


Your advancement with us depends greatly on you!

You are offered:

  • A competitive remuneration to the rest of the market
  • Benefits for your health, your family, your plans and your future financial expectations
  • Opportunities for professional development: we provide tools, vocational guidance and opportunities so you may develop every aspect of your professional life
  • Ongoing learning offerings: we adopt international training methodologies and modern educational systems
  • Cooperation, creativity and innovation: we adopt flexible cooperation models to achieve fast results and increased productivity
  • Modern working environment: we adopt practices to improve your experiences at work.

Only applications in English will be accepted.

Job Specification

Eurobank SA

Information Technology and Services - Luxembourg, Luxembourg