TA Fund and Distribution Oversight Associate (AO883254)

Bank, Fund Accounting, Transfer Agency
Bank / Fund Administration, Private Equity / Real Estate / Asset Management
€60,000 to €68,000 Per Annum
Contract Type:

KR Recruitment Luxembourg is delighted to be recruiting this Transfer Agency Oversight Officer for our client, an expanding mid-sized Asset Manager in Luxembourg.

The successful candidate will be responsible in delivering a high class service for the Asset Manager’s clients, using his or her extensive knowledge in Transfer Agency to resolve queries in a timely manner.

You will also act as a point of escalation, taking ownership on outstanding issues. There will also be some operational duties required as part of the Oversight function, including, but not limited to; Trailer Fees and QMC calculation, review of distribution agreements, reconciliation oversight, client mediation, escalation and resolution of queries

The successful candidate can expect to work in an environment which is demanding and rewarding. 

The Role:

Liaising with the Transfer Agency supplier on a range of queries, ranging from client-specific queries, complaint escalations, rebates, AML, reconciliations, etc.

Supervision of the funds’ daily reports to various divisions within the group

Mediation and resolution of all client queries, as well as escalations within an agreed timeframeOversee any complex trailer fees issues, bringing any long-standing queries to their conclusion To liaise with the Client, in cases of escalation

Payment of Trailer Fees, bank fees, as well as reviewing claims made by clients

Ensuring that the terms of the relevant client agreements are being adhered to at all timesEnsuring that all applicable policies and procedures(AML/KYC, Compliance etc) are adhered to on a daily basisTo remain aware of changing industry initiatives and standards (UCITs, AIFMD etc.)

The Person:

4+ years' previous experience in Transfer Agency. Fund Accountancy experience will also be consideredPerfect command of English essential. Other languages such as French or German would be highly desiredBA/MS degree and/or equivalent work experienceExcellent Funds administration and functions knowledge; Transfer Agency, Custody, Fund Accountancy, Compliance etc.A good knowledge of Fund Distributions would be a distinct advantageGood MS Office skills, particularly Excel, would be essential

For a confidential discussion regarding this role, please send us your CV in the first instance, or call Aidan O’Sullivan on +352 27 85 30 29.

KR Recruitment is a leading executive resourcing company based in heart of Luxembourg city. Offering a flexible range of recruitment services, we specialise in sourcing the best talent for the Financial Services & Commercial / Industrial sectors. Visit our website at www.krrecruitment.com