Depositary Specialist – Funds Oversight & Compliance

Quintet Private Bank; Luxemburg; On-site; EUR 70,000 - 110,000; Full time

Job summary

Quintet Private Bank Luxembourg is seeking a Depositary Specialist to manage complex activities across safekeeping, recordkeeping, cash flow monitoring and oversight. You will ensure regulatory compliance and lead control activities for diverse fund structures and asset classes.

The role requires 3–5 years in a similar Depositary function, with strong communication and problem-solving skills to sustain a high standard of operational risk management.

Qualifications

• Masters or professional qualification in a related field.
• Strong understanding of fund structures and depositary duties.
• Experience with regulatory oversight and risk management.

Responsibilities

• Manage complex Depositary activities and assessments, including Safekeeping, Recordkeeping, Cash Flow Monitoring, Oversight and Alternative Assets structures.
• Ensure compliance with applicable Depositary regulations and internal governance requirements across all Depositary activities and asset classes.
• Perform advanced monitoring, oversight and control activities relating to Depositary obligations, delegates, fund structures and alternative asset investments.
• Prepare, review and challenge internal and external reporting relating to Depositary activities, controls, risks and regulatory obligations.
• Act as a point of contact for Depositary-related matters and contribute to the resolution of escalated operational, regulatory and stakeholder issues.
• Contribute to change initiatives and business analysis activities, including requirements gathering and implementation of solutions.
• Support the identification, assessment and resolution of operational risks, control weaknesses and incidents.
• Share expertise and coach colleagues to develop a versatile Depositary team.

Skills

Attention to Detail

Critical Thinking

Adaptability

Client-Centric Mindset

Decision Making

Communication Skills

Stakeholder Management

Problem Solving

Education

Masters / Professional qualification

Job description

Quintet Private Bank Luxembourg is seeking a Depositary Specialist to manage complex activities across safekeeping, recordkeeping, cash flow monitoring and oversight. You will ensure regulatory compliance and lead control activities for diverse fund structures and asset classes.

The role requires 3–5 years in a similar Depositary function, with strong communication and problem-solving skills to sustain a high standard of operational risk management.