Associate Director in Depositary

Posted 15 January 2024
Salary Negotiable
LocationLuxembourg
Job type Permanent
Reference0010
Contact NameScarlett Worthington

Job description

Associate Director in Depositary

The Associate Director in Depositary will lead the day-to-day delivery and development of depositary services business. They will support the Head of Depositary Services with operational, financial, governance and strategic considerations.

Roles and Responsibilities

  • Support the management of the executive-level relationships including and prepare periodic client relationship meetings and the formal presentation of reports to client boards

  • Continue to develop relationships with existing clients and their service providers

  • Act as line manager to the depositary management team and offer support to the depositary management team in developing relationships with other teams.

  • Work with the business development team and the Head of Luxembourg on the company's ongoing assessment and development.

  • Act as a higher-level authority for internal and external new business risk assessments, financial decisions and formal client communications

  • Work with the depositary management team, to ensure that the internal control framework is consistently delivered across the Luxembourg depositary services business

  • Act as the first point of contact and take day-to-day responsibility for internal legal, compliance and risk review planning, delivery and outcomes

Skills, knowledge, expertise:

  • Proven experience of delivering to a portfolio of clients and operating successfully at client board level. This could include writing and presenting reports and maintaining ongoing relationships with executive-level people

  • Experience of contributing to and being responsible for all aspects of running a successful business including, but not limited to, operational, financial and people performance as well as more medium-term strategic considerations

  • Experience in contributing to successful business development activity. This could include drafting proposals, fee quotations and presentation scenarios

  • Experience in managing manager-level people, and aiding in the leadership of their teams

  • Technical knowledge and a strong appreciation of the importance of risk, compliance and regulation

  • A background in private equity and/or real estate funds