The Luxembourg branch plays a major part in its operations, offering clients high value-added services extending from custody to securities lending, fund administration, performance measurement and ratings, and bond issuance services.

We are currently looking for a:

DFS Due Diligence Officer M/F

permanent contract

CONTEXT AND CHALLENGES

The successful candidate will integrate the due diligence team. He will ead depositary due diligences on Management Entities and their delegates (FA/TA). This will allow him to gain an in depth understanding on how the process are defined and monitored on their side. He will share the outcome of the Due Diligence with the department and contribute to determine an appropriate depositary control plan

WHAT’S YOUR DAY-TO-DAY MISSION?

Conduct initial, periodic and thematic due diligences on the Investment Fund Managers (IFM) and their delegate

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.

Share the outcome of the Due Diligence with the department

Work on transversal tasks and get involved on other activities/team within the department.

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

Your working environment

· Luxembourg - Kirchberg

· Dynamic team with experience in various activity

· Interaction with other teams of the department, other departments within the bank, other DFSO locations, Management Entities and their delegates

· Anticipate onsite visite at Management Entities or Delegates premises

· Training and coaching on the job foreseen

· Remote working

Benefits of this position?

· 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.

ARE YOU OUR FUTURE Due Diligence Analyst?

Professional experience and/or degree

Bachelor / Master in finance, accounting or economics

Behavioural skills

· Ability to analyse, synthetize, share and communicate the information gathered.

· Highly motivated, energetic and self-starter, who takes ownership of issues and drives them to resolution.

· Strong interpersonal client facing skills.

· Strong team player

Transversal skills

· Capacity to analyse

· Capacity to lead a project

· Capacity to capture the regulatory updates and the impact on our activity

· Capacity to establish a network and activate it

· Capacity to lead a meeting

· Capacity to promote Diversity, Equality and Inclusion in the Groupe

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

· French - Fluent

· English - Fluent

· German is considered as an advantage.

During the finalization of the recruitment process, the preselected candidate will be asked to provide us an extract from his/her criminal record dated less than 3 months (record N°3 for Luxembourg), according to the dispositions of the law from July 23 2016 concerning the criminal record.

In a changing world, diversity, equity and inclusion are key values for the well-being and performance of teams. At BNP Paribas, we want to welcome and retain all talents without distinction: this is how, together, we will build the innovative, responsible and sustainable finance of tomorrow.

Interested by our offer? Don't wait any longer!

Apply