Client Depositary Manager – Senior Associate

Join a diverse and experienced team of depositary client managers responsible for leading, managing, and directing specific depositary services client relationships across oversight and controls. As a Senior Associate in the Client Depositary Team, you will execute key business objectives, manage client and business risks, develop depositary product capabilities, and cultivate key client and stakeholder relationships. This role requires good technical and regulatory thought leadership and the ability to execute programs of work and manage client relationships for AIFs (Alternative Investment Funds). This position offers an opportunity for a suitably experienced candidate to work in all areas of the funds industry, including regulatory, legal, compliance, accounting, transfer agency services, custody, collateral management, and risk management. Job Responsibilities: Lead and manage depositary client relationships to refine and develop capabilities during a period of significant regulatory evolution and business growth. Partner with all stakeholders to ensure fiduciary responsibilities are satisfactorily discharged Manage regular client meetings, presentations and attendance at board meetings and due diligences, ensuring client relationships are managed to a professional standard Perform depositary duties in line with the applicable operating model and regulatory framework (Recordkeeping and Ownership Verification, Valuation Oversight, etc) Proactively manage client issues ensuring timely closure of breaches, errors and other significant matters affecting the funds Develop and sustain high quality working relationships with internal and external stakeholders Partner with Sales and Business Development teams for new depositary business deals and implement depositary oversight programmes Get involved in Project Management for depositary initiatives Required qualifications, capabilities, and skills: 5 years + experience in the Luxembourg fund industry, including legal and regulatory requirements Detailed knowledge of Luxembourg UCITS and AIFMD (Alternative Investment Fund Managers Directive) depositary oversight requirements, including relevant CSSF (Commission de Surveillance du Secteur Financier) Circulars and Regulations. Proficient communication/client management skills (English) Professional judgment, strong communication, and networking skills. Strong analytical skills to review evolving market practices, assess oversight metrics and results, and identify trends. High emotional intelligence, with sound networking and influencing skills to enhance the effectiveness of the Depositary team. Preferred qualifications, capabilities, and skills: Commercial expertise combined with experience in contractual and related legal processes is seen as an advantage.