Relationship Manager Depositary Services (M/F)
Luxembourg | Legal
The Relationship Manager Depositary Services (RMDS) is the initiator in the depositary team. The depositary team supervises the alternative investment funds and the fund managers in accordance with the AIFM Directive. The successful candidate will be responsible for managing a portfolio of depositary clients - primarily private equity, real estate, infrastructure, and debt funds.
The candidate will need to demonstrate a desire to grow both personally and professionally within the company given the excellent learning and experience platform the role provides. The ideal candidate will be an enthusiastic, intelligent, ambitious team player with strong communication skills who will recognise the opportunities presented by a growing business in a listed company.
Intertrust is a global leader in providing expert administrative services to clients operating and investing in the international business environment. The Company has more than 2,500 employees across 39 offices and 28 jurisdictions in Europe, the Americas, Asia and the Middle-East. Intertrust has leading market positions in selected key financial markets, including the Netherlands, Luxembourg, Jersey and the Americas. Intertrust delivers high-quality, tailored corporate, fund, capital market and private wealth services to its clients, with a view to building long-term relationships. The Company works with global law firms and accountancy firms, multinational corporations, financial institutions, fund managers, high net worth individuals and family offices.
- Supervise whether the Alternative Investment Funds and the Fund Managers are in compliance with the AIFMD rules and procedures with respect to the different legal fund forms;
- Monitor and reconcile cash that flows in and out of the investment accounts and ward for significances and inconsistencies;
- Perform safekeeping duties to review, analyse, verify and document the assets that are owned by the alternative investment fund;
- Keep oversight on all the fund’s activities to analyse, verify and document whether capital calls, contributions, redemptions, investments, divestments, sales, and share purchases are compliant with the law and the rules & procedures as set forth in the fund’s terms and conditions, prospectus and management, shareholder and/or limited partnership agreements.
Business Continuation and Development
- Consultation with clients, advisors and other parties involved;
- Collaborate with other Relationship Managers and the Manager on the financial and legal aspects of the AIFMD;
- Providing support (to the Manager) in the commercial activities and building/expanding internal and external relationships;
- Responsible for the transfer of knowledge to (more) junior members of the team;
- Implement improvement proposals to improve the organization or the processes of the depositary department;
- Attend meetings of prospects and intermediaries in order to assist and to present Intertrust and its services;
- Assist the Manager in the negotiation of new fees with existing clients.
Developments and Trends
Keep up with movements of competitors, developments and trends as well as client demands in the local and global market, taking into account the current product/service portfolio and (commercial) interests of Intertrust, in order to gain optimal insights in (developments in) the market and identify business development opportunities.
- University or professional degree Business, Economics, Finance or (Corporate) Law;
- 2-5 years of relevant experience in the fund industry; experience in a depositary service, fund management or law firm will be considered as an asset;
- Experience and/or affinity with investment strategies and instruments will be considered as an advantage;
- Experience and/or affinity with complex legal and financial issues under the AIFMD both on national and international level;
- Fluent in English, both verbally and in writing. Other languages are advantageous;
- Balanced planning and organisation of work (client’s, own and for the team);
- Knowledge of AIFMD, ISAE 3402, SLA’s, fund documents, and alternative investment funds/structures;
- Team player with a positive critical, pro-active attitude associated with a strong personality.
Send an email