- Location
- Luxembourg
- Type
- Full-time
- Seniority
- Senior
- Education
- Bachelor
- Source
- Workday
Description
At BBH, Partnership is more than a form of ownership—it’s our approach to business and relationships. We know that supporting your professional and personal goals is the best way to help our clients and advance our business. We take that responsibility seriously. With a 200-year legacy and a shared passion for what’s next, this is the right place to build a fulfilling career.
Depositary Services Senior Representative – Alternative Funds (Fixed-term)
BBH is currently recruiting a Depositary Services Senior Representative to join our dynamic Depositary Services team. In this key role you will be responsible for the coordination and performance of tasks relating to the supervision of assets of Real Estate, Private Debt and Private Equity funds. In addition, you will assess, analyze, and monitor risks and control issues for the products and services falling under the scope of the Depositary obligations. You will have a high level of technical acumen and analytical skills in order to foster a solution orientated and consultative approach to performing our Depositary obligations
Key Responsibilities:
Gather and review documentation received in relation to recordkeeping and verification of ownership of real assets (real estate, private debt, private equity, fund of funds) and proactively monitor the status and completion of those tasks and follow up to obtain required client documentation
Build Strong relationships with Clients and have the knowledge and ability to explain the regulatory drivers behind these requirements
Review and/or execute daily cash flow monitoring activities by gathering information and reviewing exceptions
Support team in determining appropriate resolutions to new regulatory obligations.
Monitor, report, define and document critical internal control processes.
Formulate corrective actions, where applicable, to resolve identified exceptions.
Coordinate internal and external projects in an efficient and thorough manner.
Prepare and review documentation for regulators and external auditors
Support Team on questions from clients, regulators, external auditors and/or BBH internal departments. Communicate clearly with business area contacts as well as other areas of the Bank
Maintain effective working relationships at relevant levels with other departments
Escalate within the team significant audit issues, set direction/communicate proposed manner of resolution of audit issues and concerns that have a significant impact
Develop and maintain peer relationships to share best practices
Qualifications:
1. Education level and/ or experience
Bachelor's degree in finance, Accounting
2 to 4 years’ experience working within the alternative funds industry or relevant business line experience
Proficient Business level German skills are considered as an advantage
2. Knowledge and skills
Excellent analytical, communication and interpersonal skills with ability to present complex and sensitive issues
Technical skills in alternatives and regulation
Good knowledge in European and local regulatory requirements
Demonstrates Microsoft Office skills (with emphasis placed on Excel proficiency).
Ability to learn and adapt to new technologies and systems
Ability to identify, escalate and resolve a problem.
Ability to communicate professionally through effective verbal and written skills.
Ability to manage time efficiently and effectively.
Organizational skills and detail-oriented.
Ability to work in a team environment.
Ability to meet deadlines and work under pressure.
Ability to manage and inspire people
We value diverse experiences. We value diverse experiences and transferrable skillsets. If your career hasn’t followed a traditional path, includes alternative experiences, or doesn’t meet every qualification or skill listed in the job description, please do go ahead and apply.
About BBH:
Brown Brothers Harriman (BBH) is a premier global financial services firm, known for premium service, specialist expertise, technology solutions and partnership approach to client management. Across Investor Services and Capital Partners, we work with an enviable roster of sophisticated clients who make BBH their first call when they are tackling their hardest challenges. Delivering for our clients and each other energizes us.
We believe that how we do our work is just as important as what we do. We are relentless problem solvers who know our best ideas come from collective debate and development—so we are never possessive about our ideas. Every day we come together as a diverse community of smart and caring people to deliver exceptional service and expert advice—creating success that lasts. No matter where you sit in the organization, everyone is empowered to contribute their ideas. BBHers can pick up the phone and call any colleague, and they are happy to help. Expanding your impact beyond your daily role is part of how we operate as trusted partners to one another.
We believe stability is a competitive advantage, but being stable means having the knowledge, skill, and discipline to evolve, often—pushing the boundaries of innovation. As a private partnership, every investment we make is in the relationships, technologies, products and development we believe are in the long-term interests of our clients and our people. Our long-tenured leaders are experts in their areas and are actively involved in the day-to day business, taking the time to provide guidance and mentoring to build the next generation of BBHers. Because we know, our success begins with yours.
Go to BBH.com to learn more about our rewards and benefits, philanthropy, approach to sustainability or how we support you to thrive personally, physically and financially.
