Investment limits Specialist

Purpose of the Job

Quintet Private Bank is a leading private bank in the wealth management sector; we are committed to our clients and their families, and pride ourselves on our personalised service based on a deep understanding of what clients want to achieve. 
We are a bank headquartered in Luxembourg, with branches in Belgium, Denmark, Germany, Netherlands and a subsidiary in the UK. We are supervised by the CSSF with an ambition to stay true to our purpose to be the most trusted fiduciary of family wealth.

When you join Quintet you are joining a company that values diversity of background, equal access to opportunities, career development, collaboration and inclusiveness. We want our employees to feel proud of being part of a company that is committed to do the right thing. You will have the opportunity to grow your career while developing personally and professionally through various resources and programmes. 

Acting as a trusted partner for more than 400 Investment Sub-Funds, Quintet Luxembourg offers a comprehensive range of Depositary Bank services with teams specialized in alternative assets (private equity, private debts, real estates and infrastructure) and traditional assets (i.e. equities, bonds, Funds or derivatives). Part of the Depositary duties, the team Investment Limits ensures respect of the investment policy defined by the law and the official documents of the Funds.

Key Accountabilities

• Drive initial and ongoing assessments of the risks associated to the nature, scale and complexity of the fund’s strategy and the organization of the Investment Fund Manager to define how to apply Depositary function appropriately.
• Investment Compliance Monitoring - Conduct regular checks to ensure compliance with UCITS, AIFMD, and fund-specific investment rules. Monitor portfolios against regulatory and prospectus guidelines. Report and document potential investment breaches. Lead complex compliance checks across various asset classes, including alternative / illiquid investments / ESG related restrictions.
• Rules Parametrization & Optimization – Oversee the correct implementation and setup of investment rules in monitoring systems. Ensure operational accuracy.
• Client and Internal Coordination - Act as a primary contact on investment compliance topics and interact with clients / management companies to address compliance inquiries and ensure smooth operations. Present findings and guide resolution of complex issues.
• Process & Control Enhancement - Identify, propose, and lead improvements to monitoring processes and internal controls. Share expertise and best practices with junior team members and coordinate work when needed.
• Regulatory update - Monitor and assess changes in regulatory frameworks. Advise internal teams and clients on implications.
• Project involvement - Participate in the implementation of new processes or systems, ensuring compliance throughout.
• Provide support and guidance to Investment Limits officer in their day to day tasks.

Knowledge and Experience

• Further professional Education (Masters / Professional qualification)
• Between 3 and 5 years experience in a similar role

Attributes and Qualities

• Attention to Detail
• Critical Thinking & Problem Solving
• Adaptability & Learning Agility
• Client-Centric Mindset
• Decision Making    

Technical Skills

• Strong knowledge of Luxembourg Investment Fund Legislation and depositary duties/responsibilities in particular related to AIFM Directives    
• Strong understanding about alternative investments
• Previous Depositary Bank Fund Industry experience
• Good communication skills, able to interact confidently with clients    

Languages Skills

• Fluent in English and French