CAREERS

Senior Analyst, Product Control – Investment Restrictions

📁
Accounting Portfolio / Fund
📅
74339 Requisition #

Job Title: Investment Compliance – Product Control
Location: Luxembourg, Kirchberg Office

 

Department Overview
Working in the Fund Administration Product Control team in Luxembourg, you will be part of a team that is central to the success of our fund administration activities, with responsibility for the validation of funds administered in Luxembourg. The team are in close contact with internal and external service providers in the investment fund business (e.g. portfolio managers, fund development specialists, management companies, auditors and regulators).


Main duties will require you to:

• Monitoring day-to-day fund investment restrictions and policy monitoring (UCITS V, ESMA Guidelines, SIF Law, AIFM) and risk exposure calculation for funds under commitment approach.
• Assessment of breaches (active / passive) and CSSF reporting pursuant to Circular 02/77
• Ensure that all unresolved compliance issues are followed up to ensure prompt resolution
• Perform eligibility assessment towards UCITS prerequisites
• Support the team in the major integration project to support the migration of Fund Administration operations to the target operating model

Qualifications and skills required:

• The ideal candidate will be educated to degree level in a relevant field (e.g. accounting, finance, economics or similar)
• The successful candidate will demonstrate good knowledge of investment fund laws, financial derivative instruments and fund accounting
• Previous experience with MIG21 or GP3 is a strong asset
• Ability to stay on track, even when dealing with tight deadlines
• Fluent in French and English; German a plus

 

About Northern Trust

For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 18,500 employees globally. We serve the world’s most-sophisticated clients – from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.


We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.


As of March 31,2019, Northern Trust Corporation had:

 

$10.9 trillion in assets under custody/administration
$8.2 trillion in assets under custody
$1.2 trillion in assets under management
$122 billion in banking assets

 

As Northern Trust is a financial organisation; all new employees will be required to undergo a criminal record check.

 

Previous Job Searches

My Profile

Create and manage profiles for future opportunities.

Go to Profile

My Submissions

Track your opportunities.

My Submissions

Similar Listings

Luxembourg, Luxembourg, Luxembourg

📁 Accounting Portfolio / Fund

Requisition #: 76396

Luxembourg, Luxembourg, Luxembourg

📁 Accounting Portfolio / Fund

Requisition #: 74455

Luxembourg, Luxembourg, Luxembourg

📁 Accounting Portfolio / Fund

Requisition #: 78850

Reasonable Accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

Equal Employment Opportunity Statements
  • APAC/India EEO Statement
    • APAC/INDIA EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • Canada EEO Statement
    • Canada EEO STATEMENT

      Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

  • EMEA EEO Statement
    • EMEA EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • USA EEO Statement
    • USA EEO STATEMENT

      It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO poster (U.S.)EEO is Law Poster Supplement