Depositary Officer
Vistra
- Luxemburg
- Unbefristet
- Vollzeit
- You will be responsible for your portfolio of Private Equity and Real Estate clients.
- You will carry out in a timely manner the tasks required from the Depositary under the AIFM legal and regulatory environment such as:
- Due diligence on new funds and service providers,
- Daily cash flow monitoring,
- LPs subscriptions,
- Portfolio asset transactions and asset ownership verification.
- You will perform your work complying at all times with all existing laws and regulations and with Vistra's internal procedures.
- You will issue the quarterly KPI reports for your funds.
- You will build trustworthy relationships with our existing and new Private Equity and Real Estate Fund clients and will be their first point of contact.
- You will assist the Depositary Manager during the on-boarding of new funds and will work closely with the on-boarding team to ensure this phase goes smoothly.
- You will assist the Depositary Manager in the review of the constitutional documents of the funds.
- You will assist the Depositary Manager in the drafting of Depositary Service Agreements and Operating Memoranda.
- You will supervise the work carried out by the Depositary Officers, provide them with ad hoc training and assistance, and will be their first escalation point.
- You will manage relationships with clients, internal and external providers such as Central Administration, AIFM, Lawyers, Auditors or Banks.
- You will assist during the funds' audits (notably with issuing the year-end portfolio asset position).
- You will escalate to your supervisor any identified risk or issue.
- You will ensure proper billing and will monitor recovery of outstanding invoices.
- You will plan your tasks and those of the Depositary Officers in order to ensure timely deliverables.
- You will ensure that we comply at all times with AIFM requirements and keep abreast of any legal, regulatory or professional standards likely to affect our business.
- 1-3 years' experience in a depositary/custody function gained in a professional depositary, a depositary bank or similar experience gained in audit, fund accounting or transfer agent.
- Private Equity / Real Estate funds experience.
- Knowledge of the AIFM regulatory environment for depositaries.
- Fluent in English
- University Degree in Finance or Accounting.
- Ability to prioritise and work under pressure.
- Good command of Word, Excel and PowerPoint.
In addition, we offer:
- Vistra Bonus Plan, based on Vistra Group performance and individual performance
- 232 hours of holidays (29 days), plus public holidays;
- Lunch vouchers for the amount of 10.80 EUR (18 per month);
- Additional AXA Health Insurance of which Vistra pays 50% (Axa VitalPlus scheme);
- Participation in Vistra Pension Scheme, after 6 months as a Vistra employee;
- Reimbursement of your public transport costs up to the amount of 75 EUR per month for cross borders.
- Sympass card discount
(Factory 4 the largest Fitness space in Luxembourg) * Remote and adaptive work arrangement (maximum 3 days per week work from home and minimum 2 days per week work from the office after the adaptation period)
- Learning and training, i.e., via our digital learning environment 'Vistra Skills Platform'
- Support for professional qualifications eg ACCA
- Regular social events
- Free coffee, tea and fresh fruits in our office