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We are looking for

Senior Depositary Analyst (M/F)

Job type Permanent
Schedule Full time
Brand BNP Paribas Securities Services
Level of experience 3 to 5 years
Apply REF: LUX021138
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.
As part of its development strategy, BNP Paribas Securities Services Luxembourg is recruiting:

Private Capital Depositary Analyst

Permanent Contract 





  • Gain expertise on our processes to become the Client dedicated point of contact for Depositary subjects :

    • Maintain Fund Profiles up to date

    • Manage client communication

    • Follow-up escalation process

    • Ensure Funds’ compliance to regulation

  • Conduct project within Depositary and Fiduciary Services (DFS) department to improve Depositary Controls (Cash Flow Monitoring and Oversight Duties)

  • Support DFS Depositary Controls teams in their daily tasks in order to get familiar with DFS processes and procedures

  • Support the team in charge of the Safekeeping Follow-up and Asset Inventory production in their relationship and follow-up of exceptions with the different Safekeepers

Key Responsibilities & expected result area

  • Projects to support DFS managers and teams in the tailoring of the depositary control plan for all structures

  • Assistance to the different teams in the execution of their tasks and controls

  • Once familiar with all DFS processes, as Client dedicated point of contact for Depositary:

    • Ensure strong understanding of the Clients and their specificities by maintaining Funds Profile up to date

    • Guarantee Client Satisfaction by being the trusted and dedicated point of contact for Depositary subjects.  Reply to client queries

    • Ensure receipt of daily/monthly reports of exceptions resulting from Depositary controls and the follow-up of the escalation process

    • Get a good understanding of the exception in order to be able to discuss it internally (with managers and other department representatives) or externally directly with the Client, an auditor or a legal advisor

    • Produce Depositary reports to the attention of the ManCo/Board and certify Funds’ compliance to regulation

    • Organise/attend meeting and call with ManCo/Board

  • Be familiar with Regulations such as AIFMD or UCITS V and keep oneself informed of Regulation evolution.

  • Ensure close cooperation on transversal issues with different Bank departments in case of process or new product analysis 

Skills required

  • Expertise on Depositary duties and knowledge on Private Capital structures considered as an advantage

  • Expertise on AIFMD and UCITS V Regulations, especially regarding depositary topics

  • Interest in regulation and market evolution

  • Good understanding of investment funds activity and actors responsibility

  • Sound knowledge of the different asset classes

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

  • Comfortable with usual Office tools (Excel, word, access,...) and knowledge in Visual Basics considered as an asset

  • Strong interpersonal and communication skill with the ability to deal with intermediaries and colleagues at all levels

  • Oral and writing presentation skills

  • Excellent organization skills with the ability to efficiently manage time, rank priorities and respect deadlines

  • Demonstrate autonomy, with the ability to take initiatives in order to improve process flows

Primary Location: LuxembourgJob Type: CDIJob: CONFORMITE ET CONTROLE PERMANENTEducation Level: Master ou équivalent (> 4 ans)Experience Level: Au moins 3 ansSchedule: Temps plein Behavioural competency: Capacité à collaborer, Capacité à communiquer, Capacité à gérer le risque, Rigueur et precision, Etre orienté résultats, Etre orienté clientTransversal competency: Connaitre le groupe BNP Paribas, Pratiquer une langue étrangère (langue à préciser), Connaitre et savoir utiliser les outils bureautiques