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Job Description
Tasks
- Assist the officer and senior officer in safeguarding and verifying the ownership of their assets and monitor the performance of cash flow activities, including the review of valuations
- Ensure we comply with the AIFMD requirements and keep up to date with legislation, professional standards and regulatory changes affecting the Luxembourg-domiciled funds, safeguarding us from potential risks
- To perform cash monitoring and related reconciliations
- Understand the Funds and investment structures, the transactions put in place, and the instruments used
- Ensure the supervision of the activity and the transactions initiated by the Funds, including obtaining the relevant transactional documents (e.g. minutes, purchase agreements, notarial deeds, subscription documents etc.)
- Ensure the appropriate maintenance of the depositary records and internal dashboards
- Assist the officer and senior officer in the preparation and issuance of the internal periodical reports (KPIs) on the fund’s portfolio
- Assist in the preparation and issuance of the confirmation of the year-end asset positions
- Assist the officer and senior officer in maintaining the relationship with clients/AIFM, internal and external service providers such as CA, TA, advisors, auditors, credit institutions etc
- Ensure high responsiveness and timely delivery with high-quality services
- Gives regular feedback to the supervisor
- Escalate without delay issues and risks identified
- Complies with the internal policies and procedures
Qualifications
Must have
- Preferably a University Degree in Finance or Accounting
- 1-2 years of experience in the area of depositary/custody function gained in a depositary bank or similar experience gained in an audit or fund accounting role
- Exposure to global external auditing processes or investment fund
- Private Equity / Real Estate markets experience
- Good knowledge of MS Office tools (Word and Excel in particular)
- Fluent in spoken and written English
Nice to have
- Fund accounting experience (is an asset)
- Knowledge of the regulatory environment for depositaries
- Knowledge or exposure to Alternative Investment Fund Directive or AIF
- Current and former employees in top global auditing firms are an advantage
Additional information
At IQ-EQ, we want you to reach your full potential. We offer an inclusive and diverse environment to support your career aspirations, emphasising continuous learning and a holistic approach to your professional and personal development. We also offer opportunities across our service lines and our international network of offices.
Company description
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 private clients worldwide.
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