Investment Limits Officer

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 Denmark, Germany, the Netherlands and Belgium and a subsidiary in the UK and supervised by the ECB 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. 

The successful candidate will work as part of Network & Depositary Bank Oversight. Acting as depositary bank of Funds, Quintet Luxembourg must comply with regulatory requirements to ensure investors’ protection. One of the obligation is the respect of the investment policy defined by the law and the official documents of the Funds.

Key Accountabilities

• 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.

Knowledge and Experience

• Strong knowledge of Luxembourg Investment Fund Legislation and depositary duties/responsibilities in particular related to AIFM and UCITS V Directives. 
• Strong understanding about Fund’s key stakeholders (Central Administrations, Registrar, Management Company) and its activities.
• Strong communication skills to interact with various stakeholders. § Excellent analytical and problem solving skills.
• At least 3 to 5 years previous experiences on investment compliance.

Attributes and Qualities

• Strong analytical skills and risk awareness.
• Ability to draft reporting, policies and procedure.
• Good interpersonal skills to develop working relationships
• Solution oriented, rigorous and proactive.

Technical Skills

• Proficient use of MS Office.
• Knowledge of investment compliance tool is an asset.

Languages Skills

• Fluent in French and English is required. Additional language (e.g. German, Dutch) will be considered as an asset.