Depositary Services Supervisor

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Job requisition id: 55835

 

BBH is currently recruiting a Depositary Services Supervisor to join our dynamic Depositary Services team. In this key role you will be responsible to assess, analyze, and monitor risks and control issues for the products and services falling under the scope of the Depositary obligations.  You will have a high level of technical acumen and analytical skills in order to foster a solution orientated and consultative approach to performing our Depositary obligations.

 

Key Responsibilities:

  • Monitor, report, define and document critical internal control processes
  • Identify areas of risk during control reviews or reporting review from other departments
  • Build Strong relationships with Clients and have the knowledge and ability to explain the regulatory drivers behind these requirements
  • Review and/or execute daily cash flow monitoring activities by gathering information and reviewing exceptions
  • Support the team in determining appropriate resolutions to new regulatory obligations.
  • Formulate corrective actions, where applicable, to resolve identified exceptions.
  • Coordinate internal and external projects in an efficient and thorough manner.
  • Prepare and review documentation for regulators and external auditors
  • Support the Team on questions from clients, regulators, external auditors and/or BBH internal departments.
  • Communicate clearly with business area contacts as well as other areas of the Bank
  • Maintain effective working relationships at relevant levels with other departments
  • Escalate within the team significant audit issues, set direction/communicate proposed manner of resolution of audit issues and concerns that have a significant impact
  • Develop and maintain peer relationships to share best practices
  • Assist in the collection and review of documentation received in relation to the look-through assessment, recordkeeping and verification of ownership for private assets (real estate, private debt, private equity, fund of funds) and proactively monitor the status and completion of those tasks and follow up to obtain required client documentation

 

Qualifications:

1. Education level and/ or experience

  • Bachelor degree in Finance, Accounting
  • 4 to 5 years’ experience working within the alternative funds industry or relevant business line experience

 

2. Knowledge and skills

  • Excellent analytical, communication and interpersonal skills with ability to present complex and sensitive issues
  • Proven technical skills and experience in UCITS and AIF investment funds
  • Advanced knowledge in European and local regulatory requirements
  • Demonstrates Microsoft Office skills (with emphasis placed on Excel proficiency).
  • Ability to learn and adapt to new technologies and systems
  • Ability to identify, escalate and resolve a problem.
  • Ability to communicate professionally through effective verbal and written skills.
  • Ability to manage time efficiently and effectively.
  • Organizational skills and detail oriented.
  • Ability to work in a team environment.
  • Ability to meet deadlines and work under pressure.
  • Ability to manage and inspire people

 

3. Regulator/external auditor

  • Prepare and review documentation for regulators and external auditors
  • Interacts with department heads regarding questions from regulators and external auditors

 

What You Can Expect At BBH:

If you join BBH you will find collaborative environment that enables you to step outside your role to add value wherever you can. You will have direct access to clients, information and experts across all business areas around the world. BBH will provide you with opportunities to grow your expertise, to take on new challenges, to maximize your potential and reinvent yourself. We encourage a culture of inclusion that values each employee’s unique perspective. We provide a high-quality benefits program, which emphasizes good health, financial security, and peace of mind. Ultimately, we want to provide you with a position which, at the same time, is both rewarding and allows for a balanced professional and personal experience at every stage of your career. We, here at BBH, focus on more than just the financial and business thrive. Through our BBH Cares program we offer volunteering opportunities giving you the opportunity to give back to your community and to help transform the lives of others.

 

Full time

Luxembourg

 

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