Depository Analyst

Alternative Depository Supervision, Senior Associate (Hybrid)

What we do.

State Street is one of the world's largest custodian banks, asset managers and asset intelligence companies. From technology to product innovation, we shape the financial services industry. For more than two centuries, we have helped clients protect and manage the investments of millions of people. We provide investment services, data and analytics, investment research and trading, and investment management to institutional clients.

Work, live, grow.

We do our best to create a great working environment. Our service packages are competitive and comprehensive. Details vary by location, but you can enjoy generous health coverage, insurance and savings plans, and other benefits. You'll have access to flexible work plans to help you meet your needs. Our numerous development programs and educational support will help you realize your full potential.

Inclusion, diversity and social responsibility.

We firmly believe that our employees' diverse backgrounds, experiences and perspectives make an important contribution to creating an inclusive environment where everyone can thrive and reach their highest potential, while adding value to our company and our customers. We warmly welcome candidates of all backgrounds, abilities, ages, sexual orientations, gender identities and personalities. Another of State Global Recruitment core values is active engagement as a partner and leader in communities around the world. They have tools to help you balance work and personal life, paid volunteer days, matching gift programs, and access to employee networks to help you stay connected to the things that matter to you. State Street is an equal opportunity and affirmative action employer.

Who are we looking for?

As we expand our operations in Luxembourg, we are looking for experienced alternative custody regulatory professionals to join the custody team. The Depository Oversight Team takes over the depository functions of alternative investment funds and UCITS. The candidate serves as deputy to the team leader, representing the team internally and to customers. The candidate will work closely with this/her manager and colleagues from the Legal and Operations departments and other State Street offices.

Why this role is important to us

You will be part of an institutional services function, which allows us to provide a comprehensive, holistic approach to every client relationship - for asset managers and asset owners, insurance companies and official bodies around the world. This means our customer-facing functions work together to deliver the best solutions and services the company has to offer, across all of our locations, products and capabilities. If you're ready to shape the long-term client relationships we build, come to us.

Roles available and what you will be responsible for

Duties and Responsibilities of a Managed Analyst

Carry out day-to-day operations related to the requirements of the AIFMD and UCITS V Guidelines, and to the provisions of CSSF Circulars ⚠/⚠ and ⚠/ ⚠. Analysis assets acquired by the fund and determines the ownership verification process. Review cash flow monitoring and assess whether further investigation is required. Perform supervisory duties (e.g. NAV monitoring). Support the presentation of managed services to potential customers and internal parties. Participate in the identification and evaluation of relevant legal documents related to alternative multi-residence structures, such as private placement memorandums, stock purchase agreements, corporate and financing documents, title deeds, etc. Oversee and manage the day-to-day operations of the custodian and follow up with third parties, including administrators and fund managers. Participate in due diligence on third parties and customers (AIFM/ManCos) Identify and evaluate relevant information on alternative structures/UCITS relevant to transactions and cash flow

Education and preferred qualifications

Degree in Law, Business or Finance Minimum ⚠ to ⚠ years of professional experience Experience in a similar role; ideally working in a custodian bank

What we value

These skills will help you succeed in this role. Non-technical skills: The ability to analyze situations and obtain information to make informed conclusions. Strong organizational skills, attention to detail and ability to meet tight deadlines. Excellent communication skills. Service-oriented, results-oriented Ability to work independently Good team player English and French or German (fluent, spoken and written) Other languages are an advantage

What we can offer you

Flexibility to combine home and office work, It's a great benefits package (including pension scheme, extra days off and more), strong personal and professional development plans to support your career within a global business's diverse workforce, including international mobility. As Luxembourg's largest funds administration, transfer agent and custodian bank, working at State Street gives you full exposure to a wide range of services that reflect our large market coverage in the funds industry and provide a variety of services to our global client base. products.

Benefits: Health Care and Insurance

We offer a range of health insurance plans to protect you and your loved ones. You can also benefit from our employee and family life insurance, and accidental death and disability insurance.

Well-Being Programs

BeWell by State Street helps employees proactively manage their well-being. Our Employee Assistance Program (EAP) provides personal, confidential support for a variety of issues.

Financial Status

Depending on where you work, you may be eligible for area-specific savings and/or retirement plans. We also provide resources and host local events to educate our employees on financial wellness.

Global Recruitment

We offer our employees highly competitive holiday and paid holiday pay, taking into account local circumstances. We also provide employees with two days of paid time off to volunteer at a company event or an organization of their choice.

Supporting Families

We are committed to supporting all of our employees and the people they care about. Some of our programs include paid parental leave, return-to-work assistance, adoption assistance or flexible work arrangements.

Other benefits

Among other benefits, you can benefit from group savings, discounts at sports clubs and cinemas and our bonus scheme for referring new employees.