Depositary Officer

Standish Management is a leading independent provider of fund administration and related services to the private capital industry. With more than 1100 professionals across 19 offices in North America, Europe, Africa, and Asia, Standish provides comprehensive solutions spanning fund administration, management company, tax, and compliance services. For its clients in Europe, Standish Management (Luxembourg) S.à.r.l. is licensed by the CSSF as a specialised professional of the financial sector (“PFS”) covering corporate domiciliation, registrar, company incorporation and management services, administrative agent of the financial sector, client communication agent, and Professional Depositary of Assets Other than Financial Instruments (PDAOFI). Across all business areas, the Luxembourg office is composed of 22 employees.

Responsibilities:

• Perform Safekeeping, Oversight, and Cash Flow Monitoring Duties for Alternative Funds, in compliance with Luxembourg Laws and Regulations, and in accordance with the relevant internal policies and agreements with clients.
• Monitor for changes to relevant laws and regulations applicable to Luxembourg Depositary, analyse such changes on a timely basis and advise the Head of Depositary on the implications for the Company in Luxembourg. Assist the Head of Depositary with the implementation of such change on a timely basis and consistent with best market practice.
• Participate in initial / ongoing due diligence on AIFMs, Central Administrators, and other relevant third parties. Ensure that such services are provided in accordance with the CSSF’s approved operating models.
• Participate to the fund industry working groups and remain networked with the industry to ensure Company remains consistent with the depositary industry best practice.
• Upon request, attend board meetings of the AIFs for which Depositary services are provided.
• Assist with the management of regulatory inspections, together with external and internal audit reviews.
• Develop trusted day-to-day relationships with our primarily, but not limited to, US based Alternative clients.
• Engage with and support the Head of Depositary in securing new mandates, by representing the Depositary function as part of such sales/prospecting processes, where required.

Qualifications:

• Comfortable presenting to fund boards and senior management, with a precise, concise and articulate style, both verbal and in writing.
• The candidate will have the ability to communicate effectively and possess a high level of motivation, tenacity, agility, and ability to work proactively with a constant focus on delivering consistent quality of service to our clients.
• Analytical mind, able to interpret regulatory frameworks technically and from a business strategy perspective.
• Flexibility and an eagerness to learn more about Private Equity and Real Estate, as well as willingness to expand expertise in all Depositary related areas.
• Languages: Fluent in English, both verbal and in writing; fluency in French and German is considered an advantage.

Benefits & Rewards:

Standish prioritizes employee health and wellbeing. You should feel good at work, which is why we offer a range of benefits, including:

• Attractive salary based on market rates for the role and is proportionate to the qualifications, level of experience, and profile of the candidate
• Advantageous Bank Package with a Partner Bank
• Hybrid schedule and flexible working hours
• Lunch vouchers
• Professional and team-oriented work environment
• 28 days of vacation per year
• Parking spot