CDI - Senior Depositary Due Diligence Analyst (M/F)

Senior Depositary Due Diligence Analyst M/F

CONTEXT AND CHALLENGES

BNP Paribas, Luxembourg Branch, is one of Europe's leading Depositary Bank.

The Luxembourg branch plays a major part in its operations, offering clients high added-value services extending from funds monitoring, assets and investors protection, servicing a wide variety of funds’ types and investment strategies. 

To support the growth of its department in charge of the Oversight Duties, namely: Depositary & Fiduciary Services ,– (DFS).is looking for a Senior Depositary Due Diligence Analyst.

WHAT’S YOUR DAY-TO-DAY MISSION?

The Depositary Due Diligence team is part of Depositary & Fiduciary Services (DFS) in charge of performing Oversight Duties and Cash Monitoring as defined by AIFMD and UCITS regulations:

• Conduct initial, periodic and thematic due diligences on the Investment Fund Managers (IFM) and their delegates.
• Understand the organisation, the processes and key risk areas of the auditee(s).
• Identify any weaknesses at the level of the auditee(s) that may be detrimental to the investors of the funds and / or may affect our Depositary duties.
• Interact with auditees, ensure an active listening, and maintain an effective communication to build a good relationship and prevent misunderstanding.
• Understand depositary obligations and duties to manage incoming due diligence undertaken by clients on the depositary.
• Drive continuous improvement of the Due Diligence process.
• Work on transversal tasks and get involved on another activities/team within the department. 
• Promote Depositary leadership internally and externally.
• Ensure the review of the scope of the due diligences to be performed on the IFM and their delegates, locally or cross-border.
• Lead depositary due diligences and manage incoming due diligences from clients 
• Manage end-to-end on-site visits.
• Analyse reported issues, errors and breaches over the period under review and incorporate these outcomes into the scope of the due diligence.
• Ensure a close cooperation on transversal issues with different bank departments, to identify any field of risk(s).
• Be familiar with Regulations related to AIFMD and UCITS Depositary Regime and keep oneself informed of Regulation evolution.
• Monitor regulatory changes and adapt due diligence documents accordingly.

MISSIONS ARE IMPORTANT, BUT SO ARE THE TEAM AND THE WORK ENVIRONMENT!

Your working environment 

Complete the following sections

• Job location: Luxembourg
• Position eligible for teleworking and remote site
• Position NO eligible for part-time work.
• Manager or contact person: Xavier VANHYFTE

ARE YOU OUR FUTURE (JOB TITLE)? 

Professional experience and/or degree

Bachelor / Master Degree

Behavioural skills 

• Ability to collaborate / Teamwork
• Decision Making
• Attention to Detail/Rigour
• Organisational Skills
• Adaptability
• Alibity to deliver / Results driven
• Ability to share/pass on knowledge
• Critical Thinking
• Ability to Synthetise/Simplify
• Creativity & Innovation/Problem Solving
• Resilience
• Proactivity

Technical skills

• Knowledge of UCITS/AIFMD regulatory requirements.
• Interest in Regulation and market practices evolutions.
• Experience in Private Capital funds is considered as an advantage.

Language skills

Fluent in French and English - German considered as an advantage.