Senior Depositary Oversight Officer

Job Description

We are seeking a Senior Depositary Oversight Officer with experience in alternative investment funds and a solid understanding of Luxembourg fund structures and regulatory requirements.

What you'll do:

• You'll build and maintain strong client relationships, managing a portfolio of investors in Real Estate, Private Equity, Debt, and Fund of Funds, while ensuring customer-centric solutions.
• You'll oversee client onboarding, perform due diligence on third parties (AIFM, Central Administration, Custodian Bank), and supervise fund activities in compliance with AIFMD, SIF, SICAR, and RAIF regulations.
• You'll collect and review transactional documents, safeguard and verify asset ownership, monitor cash flow activities, and ensure accurate valuations and year-end asset positions.
• You'll prepare and issue internal portfolio reports, provide timely feedback to management, elevate risks, and ensure proper billing and recovery of outstanding invoices.
• You'll ensure compliance with evolving legislation and regulatory standards, highlight and report operational risks or complaints, and maintain robust oversight controls to protect Luxembourg-domiciled funds.

What we offer

• Comprehensive remuneration and pension: motivating financial packages based upon market rates for your role and is proportionate to your qualifications, level of experiences and skills profile
• Wellbeing: additional social benefits
• Flexible working: we recognise the value of working flexibly and want to ensure all employees enjoy an excellent work-life blend. As such, we are open to conversations with employees related to setting up flexible working arrangements.
• Career Development Opportunities: Take advantage of ongoing learning and development initiatives, professional training, and opportunities for career progression within a growing international organization.
• Collaborative and Inclusive Culture: Join a supportive team environment where collaboration, innovation, and employee wellbeing are valued, helping you thrive both professionally and personally.

Qualifications

• You have 4-5 years of experience in depositary/custody functions, gained in a depositary bank or through audit or fund accounting roles.
• You bring strong expertise in Private Equity and Real Estate markets, with desirable exposure to fund accounting.
• You possess solid knowledge of the regulatory environment for depositaries, ensuring compliance with industry standards.
• You are fluent in English, with French or German language skills considered an advantage.
• You hold a university degree in Finance or Accounting, strengthening your technical and analytical foundation.

Additional information

OUR COMMITMENT TO YOU AND THE ENVIRONMENT

Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders - including our employees, clients, and local communities - while also reducing our impact on our natural environment.

There is always more we can, and should do, to improve - whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We're committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee.

Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees' careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 6,500+ employees - from 94 nationalities, across 24 countries - to each achieve their potential. Through IQ-EQ Launchpad we support women managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced.

We're committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients' sustainability and success lead to our sustainability and success. We're emotionally invested in our clients right from the beginning.

Company description

IQ-EQ is a global investor services group with deep expertise in private markets. We support investment managers, asset owners and global businesses with the administration, compliance, governance, data and reporting that their structures depend on.

Across 25 jurisdictions, our 6,500+ professionals combine technical strength, connected technology and human understanding -> the IQ and the EQ - to free clients from operational complexity and give them the peace of mind to focus on their core business activities.

Our IQ is our technical, regulatory and operational expertise, underpinned by data, technology and coordinated global delivery. Our EQ is our human partnership: understanding the business behind the numbers, the culture behind the structures and the individuals behind the screens.

With more than US$950 billion of assets under administration, our global client base includes 13 of the world's top 15 private equity firms* and 19 of the top 25 private debt firms**.

One relationship connects our clients to the right expertise as needs evolve, helping them move forward with clarity and confidence, wherever they operate..

To find out more about IQ-EQ visit iqeq.com

Company Profile: IQ-EQ is a leading Investor Services group which combines global expertise with an unwavering focus on client service delivery. We support fund managers, global companies, family offices and privat...