GmbH Depository/ Fiduciary Services, Senior Ass…

Grow your career at State Street

From technology and product innovation to corporate responsibility and community development, we’re making our mark on the financial services industry. We’re a global company with diverse people and experiences, and a network of over 35,000 employees spanning more than 100 markets. For us, success comes from the impact our employees have – on our clients, our communities and each other.

We’re committed to providing an inclusive environment where all employees feel valued and supported. Join us and make your mark at State Street.

In the role of Depository Oversight you will be responsible for:

The Depository Oversight Team performs the depository functions for Alternative Investment Funds and UCITS,  The candidate will act as deputy to the team leader representing the team internally and towards clients,  

The candidate will work closely with this/her managers as well as with colleagues from the legal and operations department and other State Street offices.
* Perform  day-to-day operations linked  to the requirements as stipulated in AIFMD  and UCITS V Directives as well as linked to the articles in the CSSF Circulars 16/644 and 18/697.
* Analyzing assets acquired by the fund and determine the flow of ownership verification.
* Review the cash flow monitoring and assess if further investigations are required
* Perform the oversight duties
* Assist with presenting depository services to potential clients and internal parties
* Taking part in the determination and assessment of relevant legal documentation on multi-domicile alternative structures such as private placement memoranda, share purchase agreements, corporate and financing documents, title deeds and similar
* Monitoring and taking care of the  day-to-day operations of the depositary and following up with third parties, including administrator and fund managers
* Participating in performing due diligence on third parties and clients (AIFMs/ManCo’s)
* Determining and assessing relevant information on alternative structures/ UCITS relating to transactions and cash flows
* Ensuring implementation of and compliance with relevant internal procedures

To be successful in this role, your experience should include:
* Minimum of 3 to 5 years professional experience in a similar role; ideally in a depository bank.
* Ability to analyze a situation and obtain information to reach sound conclusions
* Strong organizational skills, with attention to detail and meeting tight deadlines
* Excellent communication skills
* Service-oriented and results-focused
* Ability to work autonomously
* Good team player

Language skills:
* English, French, German (fluent, spoken and in writing)
* Other languages are an advantage

About State Street

What we do.

State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow.

We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility.

We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers