Account Manager - AIF Depositary (M / F)

Founded in 1856, Banque Internationale à Luxembourg is the oldest multi-business bank in the Grand Duchy. From its foundation, the BIL has always played an active role in the development of the Luxembourg economy. It currently operates in retail, private and corporate banking, as well as on major capital markets. Employing more than 2 000 people, BIL is present in the financial hotspots that are Luxembourg, Switzerland, and China.

As a major player in Luxembourg's finance industry and as a signatory of the UN Principles of Responsible Banking, BIL is committed to handing over a responsible and sustainable bank to future generations.

Your key objectives :

You will be the operational day-to-day contact for AIF Depositary's clients and the fund service provider (AIFM, Fund, Administration, Transfer Agent, Auditor, …)

You will report to the Head of AIF Depositary.

Your next challenge :

Performing the interactions with BIL's AIF Depositary clients (fund initiators and fund managers) as well as with all involved professional third parties (AIFM, Fund Administration, Transfer Agent, Auditors, Legal Advisors, etc.), keeping and updating the files of AIFs under his / her operational responsibility in compliance with legal and contractual duties and in full respect of internal procedures and the AIFMD.

• Gather and assess information of the AIF's investments
• Gather and assess documentation before and after transactions
• Instruct the AIF Oversight team of the records and settlements while ensuring a perfect understanding of the transactions
• Perform cashflow monitoring as defined by the AIFMD
• Perform oversight duties as required by the AIFMD
• Perform the whole operational interactions with involved fund service providers and departments within BIL
• Feed business developers with elements to be taken into consideration for proposing BIL's services
• Take an active part to the evolution of procedures and transversal projects in relation with AIF business
• Contributing to the depositary regulatory watch and ensuring that the Bank's depositary activity remains compliant with laws, regulation and best practices
• Insure an integration and correct use of BIL's Tools (BLSNet, Multiline, SWIFT…) in correlation with AIF Depositary activities

Your skills :

BIL offers a broad range of challenging projects and a huge choice of career paths .We will assist you in finding the one that best meets your skills and expectations. Your personal development is our priority and we greatly encourage you to dive into different business areas for the broadest possible experience.

BIL is firmly of the opinion that diversity & inclusion contribute towards increasing the collective performance of the Bank. We are committed to creating a culture of inclusion that encourages individual development with equal opportunities for all.

NB : The selected candidate will be asked to provide an extract from the criminal record (no.3) as evidence of integrity and justified with regard to the specific needs of the position to be filled. Other documents will be collected, to the extent legally permitted, to perform background checks.