Depositary Control Analyst H/F

Depositary Control Analyst H/F

CDI

01/11/2025

Non

Missions

The Depositary Control Analyst mainly carries out systematic verifications according to the Depositary Control Plan and/or the applicable laws and regulations. Systematic verifications are controls applied automatically under defined procedures (monitoring of UCIs, ratios, inventory control, compliance with net asset value calculation). He/she also participates in specific verifications, to give the custodian reasonable assurance that the risks specific to management and valuation activities are controlled by the management company (Due diligence, haddock subjects). He/she takes the necessary actions in the event of detected anomalies vis‑à‑vis management companies, external auditors and local supervisory authorities.

Activities

• Monitoring of Funds (UCITS & AIF).
• Perform controls on the Net Asset Value of the funds through our control plan (for instance: reconciliation of cash balances/securities, ensure that dividends are distributed correctly to the shareholders, review the expenses/fees, follow up subscriptions/redemptions, make sure that the assets are eligible, follow up that the transactions are settled on time, etc.).
• Carry out cash flow monitoring on a daily basis. Analyze any unknown cashflow and contact the management company if necessary.
• Assist in the performance of due diligence visits of management companies and draft reports for management review.
• Assist in the redaction of our Depositary Bank Report which is addressed to the management company/Board members and present the reports at board meetings if needed.
• Assist management with collation of data for key performance indicators and routine internal depositary reporting.
• Contribute to various tasks and projects such as liquidity stress testing, ownership verification, circularisation, launch/migration/liquidation of funds, ESG evolving regulatory framework, continuously improve our efficiency with regards to Private Equity and Real Estate, etc.
• Collaborate with various third parties such as Management Companies, Auditors, Regulators, Board of Directors, Asset Manager, Fund Administrator, Transfer Agent, Legal.

Investment restrictions

• Ensure that the Asset Manager is following the regulatory ratios and specific rules mentioned in the prospectus or any similar documentation (for instance: eligibility criteria, concentration risk, ESG, specific ratios, etc.).
• Monitor the quality of our database to ensure that the constraints are implemented correctly in our system (Alto IC).
• Monitor the resolution of anomalies in permanent relations with the Asset Manager/Management Companies.

Brussels

hybride

Bac + 4 / M1

Economy, Finance or risks

0 - 2 ans

Professionnal experience in the sector is an asset.

Technical skills/ Qualifications

• Understanding of the Asset Management industry
• Good knowledge of the Belgium UCITS and AIF regulations
• Solid foundations in Financial Instruments and finance ecosystem
• Excellent PC literacy including Office Pack 365 and basic in VBA would be appreciated

Personal/ Soft Skills

• Attention to details and good analytical skills required
• Good communication skills, both oral and written (in English)
• Proactive team player, focused attitude towards work and an ability to consistently meet deadlines
• Anticipation, adaptability and flexibility skills

Good knowledge of Microsoft Office Pack (Excel, Word, PowerPoint)

Langues

French and English