Alternative Assets Monitoring Officer - 1 year fixed-term contract

Quintet Private Bank SA; Luxemburg; Presencial; EUR 65 000 - 95 000; Tempo integral

Resumo da oferta

Quintet Private Bank Luxembourg is recruiting for an Alternative Assets Monitoring Officer on a 1-year fixed-term contract. You will verify ownership, maintain records, and monitor alternative assets for a portfolio of clients, with a focus on funds, private equity, and real estate structures.

You will liaise with clients, perform look-through assessments, and ensure regulatory compliance under AIFMD. The role emphasizes accuracy, client service, and proactive investment lifecycle support.

Qualificações

• Higher Education (University / Bachelor)
• At least 3 years experience in a similar role

Responsabilidades

• Assess the complexity of Funds strategies (private equity, real estate, funds of funds and other alternative structures) to apply appropriate assets monitoring.
• Ensure day-to-day Depositary tasks for Alternative Investment Funds comply with regulatory requirements and internal procedures.
• Process the transactions based on required documentation (pre and post trade) for recordkeeping.
• Apply and document look-through assessments for multi-layer investments.
• Complete and maintain recordkeeping of alternative assets in Quintet Depositary systems.
• Ensure frequent portfolio reconciliation and supervise client investments through their life cycle.
• Prepare the alternative assets inventory for fund auditors during annual asset confirmation.
• Build strong client relationships and organise frequent meetings to exchange operational information.
• Prepare internal and external reporting on Depositary controls and activities.
• Ensure Quintet complies with AIFMD requirements and stays updated on related regulations.

Conhecimentos

Attention to detail

Critical thinking

Problem solving

Adaptability

Learning agility

Client-centric mindset

Formação académica

Higher Education

Descrição da oferta de emprego

Alternative Assets Monitoring Officer - 1 year fixed-term contract

Purpose of the Job

Quintet Private Bank is a leading private bank in the wealth management sector; we are committed to our clients and their families, and pride ourselves on our personalised service based on a deep understanding of what clients want to achieve. We are a bank headquartered in Luxembourg with branches in Belgium, Denmark, Germany, and the Netherlands, as well as a subsidary in the UK. Supervised by the CSSF we have the ambition to stay true to our purpose to be the most trusted fiduciary of family wealth.

When you join us you are joining a company that values diversity of background, equal access to opportunities, career development, collaboration and inclusiveness. We want our employees to feel proud of being part of a company that is committed to do the right thing. You will have the opportunity to grow your career while developing personally and professionally through various resources and programmes.

Acting as a trusted partner for more than 400 Investment Sub-Funds, Quintet Luxembourg offers a comprehensive range of Depositary Bank services with teams specialized in alternative assets (private equity, private debts, real estates and infrastructure) and traditional assets (i.e. equities, bonds, Funds or derivatives). Part of the Depositary duties, the team Alternative Asset Monitoring performs ownership verification and recordkeeping for assets that cannot be held in custody. The Officer of Alternative Assets Monitoring is responsible for a portfolio of clients investing in alternative assets (mainly clients with low and medium complexity profiles, such as FoF, private equity/loans with limited number of layers in the investment structure).

Key Accountabilities

• Assess the complexity of Funds strategies (private equity, real estate, funds of funds and other alternative structures) in order to determine how to apply appropriate assets monitoring
• Ensure the day to day Depositary tasks in relation to Alternative Investment Funds is performed in accordance with regulatory requirements and internal procedures
• Process the transactions based on the documentation required (pre and post trade) in relation to the recordkeeping duty
• Apply and document the look-through assessment for multi-layers investments
• Complete and maintain the recordkeeping of alternative assets in Quintet Depositary systems
• Ensure frequent reconciliation of portfolio is performed and supervise client’s investment during their life cycle
• Prepare the alternative assets inventory for fund auditors in the frame of annual confirmation of assets.
• Build strong relationship with clients and setup frequent meetings, to facilitate the reception of required information, exchange on all operational matters relating to their investments, and proactively be informed about investments pipeline
• Prepare internal and external reporting to provide status on Depositary controls and activities
• Ensure Quintet complies with the AIFMD requirements and keep up to date with legislation, professional standards and regulatory changes affecting the Luxembourg

Knowledge and Experience

• Higher Education (University / Bachelor)
• At least 3 years experience in a similar role

Attributes and Qualities

• Attention to Detail
• Critical Thinking & Problem Solving
• Adaptability & Learning Agility
• Client-Centric Mindset

Technical Skills

• Good knowledge of Luxembourg Investment Fund Legislation and depositary duties/responsibilities in particular related to AIFM Directives.
• Understanding about alternative investments.
• Previous Depositary Bank Fund Industry experience will be considered as an asset.
• Good communication skills, able to interact confidently with clients