EDOUARD FRANKLIN is a recruitment agency specialised in the Wealth Management and Asset Management sectors, with offices in Luxembourg, Paris and Geneva.
Our client is a global Banking Group based in Luxembourg and operating several businesses including asset management, securities services, private banking and corporate banking.
You will be part of the multinational Fund Administration department of the client in the Luxembourg Branch and work for a team dedicated to Alternative Funds with a specific focus on Private Debt (“PD”).
You will be responsible for the oversight of the production cycle and the validation of monthly and quarterly valuations. You will be responsible to supervise any Senior Fund Accountants assigned to your team as well as the supervision and oversight of the various off-shored accounting functions. You will be responsible for the alternative funds and closed ended private debt clients within the team.
Along with your team colleagues, you will be a primary point of contact for clients with regards to all Fund Accounting queries and ensure the highest level of service is provided to our clients.
As part of your role, you will continuously strive to enforce and enhance our control environment with the aim of mitigating and controlling our risks. You will ensure the identification and prompt reporting of potential gaps and risks that may affect the Group, the clients and the Bank.
In addition, you will provide assistance to superiors in delegated projects/tasks as well as assisting both the internal and external auditors during the funds and the banks reviews.
Be responsible for the oversight of the production, accuracy and timeliness of net asset value calculations and release of all Funds.
Assist the Manager in delegated tasks/projects (fund implementation, restructuring, launches, liquidations or other departmental projects)
Assist with client contacts, and ensuring that all relevant client issues are resolved satisfactorily, within agreed procedures/guidelines.
Ensure the identification and prompt reporting of potential gaps and risks that may affect the Group, the clients and the Bank.
Ensure proper oversight of assets held on the fund, including adherence and compliance with valuation policies of Private Debt structures.
Ensure complete documentation of Private Debt assets, legal documents, KYC etc.
Ensure integrity, accuracy and timeliness of deliverables.
Provide support and guidance to offshore teams in order for the service delivery to be met.
Ensure procedures and controls are followed.
Your technical skills:
Bachelor's Degree or equivalent professional qualification, preferably in Audit, Accounting or Finance.
At least 4-5 years’ experience, ideally in Net Asset Value calculations of Alternative funds.
Previous experience of Private Debt structures is a requirement for this role.
Professional accounting qualification such as ACCA, CPA, CIMA, would be an advantage.
Strong technical knowledge of fund accounting, pricing and procedures
Ability to meet targets and deadlines.
Ability to work independently and deliver work with the required quality.
Ability to communicate clearly and accurately with both clients and colleagues
Analytical and problem-solving skills.
Comprehensive knowledge of Luxembourgish funds regulation
Very good command of Excel, Word, Access and affinity with fund industry software packages. Knowledge of Advent Geneva and Advent GWI would be an advantage.
Perfect command of English, both in spoken and written, together with excellent communication skills are required for the role. A second European language such as French is also an advantage.