Private Capital Custody officer (M/F) [Luxembourg]

 

PRIVATE CAPITAL CUSTODY OFFICER (M/F) (JOB NUMBER: LUX022186)

BNP PARIBAS SA, filiale du groupe BNP Paribas, figure parmi les premiers intervenants européens en matière de conservation de titres. Dans ce dispositif, BNP PARIBAS SA - Succursale de Luxembourg joue un rôle majeur en offrant à ses clients des services à forte valeur ajoutée tels que conservation de titres, prêt de titres, administration de fonds, mesure et attribution de performance, services financiers dans le cadre d’emprunts obligataires

Pour soutenir le développement de ses activités, BNP PARIBAS SA recherche un :

Private Capital Custody officer (M/F)

• To monitor and to ensure safe keeping of assets qualified as “Other Assets” and the

appropriate controls on their transactions

• To perform the ownership verification of these other assets

• To liaise with the Depositary & Fiduciary Services department (DFS) for controls to be performed by

the Depositary Bank

Key Responsibilities & Expected result area

• Review and analysis of documents received in relation to any direct or indirect investments

before processing the related payments.

• Supervision, including control of bank accounts of intermediary holding companies, local SPV and

underlying, such as unquoted companies.

• Preparation of bank confirmation for the depositary bank.
• Handling of all incoming requests, either from client, either from other counterparts, regarding the

Private Capital custody tasks.

• Make sure that checklists are completed on time, exhaustively and double-checked before providing the output to the client.
• AIFMD dashboard completion of custody part.
• Surveillance of all funds’/SICARs’/unregulated entities’ assets via controls done on a regular basis.
• Contribution to regular updates of existing procedures following compliance or risk officer directives.
• Maintaining efficient external and internal relationships with clients, managers, other departments,

sales representatives, auditors…

• Follow-up of the incidents until full completion of corrective and preventive measures.
• Archiving of all custody documents.
• Help in the production of Custody activity KPIs.
• Improving hierarchy relationship by reporting regularly encountered problems, outstanding work

(escalation process) and any risk identified.

• Participate to the review of team procedures and checklists.
• If required be involved in department projects.
• Support other Private Capital (FA, TA, Cash...) teams when needed.
• Ensure relevant information is communicated to the TA, FA and cash teams.
• Provide client service & support for BAU and ongoing operational issues.
• Follow-up of the incidents until full completion of corrective & preventive measures.

Profile:

• Baccalaureate

• Experience in the fields of Custody or knowledges of Fund industry (Private Capital being an

advantage)

• Fluent in English and French; German/other languages will be considered as an asset

Competencies:

• Communication skills: to be able to express her/his messages, both oral and written, in a clear way

• Analytical skills: to review and to analyse any documents

• Organisation skills: able to manage her/his day-to-day and priorities

• Accuracy:
  • precision and attention to details

  • to respect tight deadlines

  • to follow to-do lists

• Client focus: ensure to satisfy client’s needs within deadlines

• Escalation:
  • to ask for assistance when needed

  • to refer issues to the appropriate person(s)

• Ability to learn by adjusting practices following newly acquired knowledge

Primary Location

: Luxembourg

Job Type

: Standard / Permanent

Job

: OPERATION PROCESSING

Education Level: Master Degree or equivalent (> 4 years)

Experience Level: At least 2 years

Schedule

: Full-time