VIE Programme

Depositary Control Analyst (Stage) H/F

Modified on 25/04/2024

  • Brussels - Belgium
  • Economic and Financial Analysis
  • 2024-89067

Job description

Within Caceis Bank, you will work in the depositary control team in Brussels. You will have to perform controls on UCITS and Alternative Investment Funds (Private Equity, Real Estate, Infrastructure, etc.) in order to monitor that the funds remains in line with the regulatory framework.

Main missions:

Investment ratios / restrictions

• Verify that the Asset Manager is following the regulatory ratios and specific rules mentioned in the prospectus (for instance: eligibility criteria’s, concentration risk, Value at Risk, ESG, etc.)

• Monitor the regularization of anomalies in permanent relation with the Asset Manager

Inventory controls

• Perform reconciliation on the assets and liabilities (for instance : securities, valuation, liabilities, other receivables, debts, establishment of the net asset value, control of ownership, etc.).

• Perform cash monitoring (cash reconciliation, monitoring of flows in the bank statements)

• Follow up a control plan containing all the information necessary for the controls of the fund management

UCI monitoring

• Analyze of prospectus or their modification

• Ensure that the transactions carried out by the Asset Managers are settled on time

• Analyze prospectus of funds subject to control of investment restrictions

Specific controls

• Perform and / or participate in control missions in the form of audits / questionnaires / visit to Management Companies / Fund Managers

• Perform specific controls on dividends, fees, subscriptions/redemptions, record keeping, etc.

• Liaise with various departments within Caceis Group such as the Middle and Back Office teams and with external counterparty such as Fund Administrator, Transfer Agent, Management Companies, Board Members, Auditors and the Regulator

• Support the team during meetings or notable events

• Participate in the redaction of our Depositary Bank Report

    • Starting date
    • 01/11/2024
    • Duration
    • 12
    • Position with management
    • No
    • Minimum level of study
    • 1-year Master's (M1)
    • Training / Specialization
    • Economy, Finance or risks
      Professionnal experience in the sector is an asset
    • Minimum experience level
    • 0-2 years
    • Compétences recherchées
      • Willingness and desire to learn
      • Be able to handle various requests
      • Stress resistant and able to meet deadlines
    • IT tools
    • Good knowledge of Microsoft Office Pack (Excel, Word, PowerPoint)
    • Languages
    • French and English

  • CACEIS is the asset servicing banking group of Crédit Agricole and Santander dedicated to asset managers, insurance companies, pension funds, banks, private equity and real estate funds, brokers and corporate clients. Through offices across Europe, North and South America, and Asia, CACEIS offers a broad range of services covering execution, clearing, forex, securities lending, custody, depositary and fund administration, fund distribution support, middle office outsourcing, issuer services and transfer agent. With 7,000 employees and a large client base, CACEIS is a European leader in asset servicing and one of the major players worldwide. By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.

CACEIS
CACEIS
CACEIS

CACEIS

Depositary Control Analyst (Stage) H/F

Published the 25/04/2024

VIE Programme
  • Brussels - Belgium
  • Economic and Financial Analysis
  • 2024-89067

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