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Oversight Officer (M/F) - Permanent Contract

Job type Permanent
Schedule Full time
Job Function Transaction processing
Brand BNP Paribas Securities Services
Level of experience 3 to 5 years
Apply REF: LUX021059

BNP Paribas Securities Services, a subsidiary of the BNP Paribas group, is one of Europe's leading providers of custody services for securities.

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.

To support its current growth, BNP Paribas Securities Services is looking for : 


Oversight Officer (M/F)

Permanent Contract




There is an increased regulatory focus within Luxembourg on the oversight of delegated regulated activities. This is not limited to delegations to third parties but also requires to ensure a tight control framework in place for the governance and oversight of intra-group outsourcing arrangements.

Key Responsibilities & Expected result area:

  • Develop and maintain oversight and control frameworks over all operational aspects of the Funds,
  • Review the oversight and control frameworks, understand the process and analyse outputs to ensure adherence to policy and procedure,
  • Review consolidation: monthly/quarterly NAV review as part of the oversight of regulated fund structures (all asset classes as relevant),
  • Review financial accounts according to the Luxemburg accounting rules and/or IFRS,
  • Keep track of and follow-up on incidents linked to Central Administration,
  • Assess the remediation measures suggested by the Central Administrator,
  • Review ISAE/SOC reports and other relevant documentation provided by external parties,
  • Monitor KPI/SLAs, reporting on incident review,
  • Ensure regulatory compliance across operational areas including FA (Fund Accounting) and TA (Transfer Agency),
  • Support the manager of oversight team in ensuring that all activities conducted are closely coordinated with all relevant stakeholders,
  • Support client account manager during client meetings where appropriate,
  • Participate in due diligence reviews of service providers,
  • Assist establish and maintain processes, procedures and workflows.

Your Profile:




University Degree in Accounting, Finance or Economics and relevant professional experience within the Funds industry in Luxembourg ( knowledge of regulatory environment in private equity & real estate)


Professional Experience:


3 to 5 years of relevant experience in the fields of internal control, external audit of consolidations or  in consolidation (IFRS and LuxGaap)


Behavioural Skills:

Communication skills - oral & written

Organizational skills

Attention to detail / rigor


Ability to collaborate / Teamwork




Transversal Skills :

Analytical Ability

Ability to respect tight deadlines:


    1. to ask for assistance when needed

    2.  to refer issues to the appropriate person(s)

      Ability to learn by adjusting practices following newly acquired knowledge


Technical Skills :

Strong understanding of fund accounting, financial reporting and PE/RE operations required

Language Skills:


English mandatory, French or German considered as an asset




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.


Primary Location: LuxembourgJob Type: CDIJob: TRAITEMENT DES OPERATIONSEducation Level: Master ou équivalent (> 4 ans)Experience Level: Au moins 3 ansSchedule: Temps plein Behavioural competency: Capacité à collaborer / travail d'équipe, Rigueur, Proactivité, Capacité d'adaptation, Capacité à communiquer - à l'oral et par écrit, Capacité d'organisationTransversal competency: Capacité d'analyse