Depositary Oversight Specialist, Senior Associate

Looking For   We are looking for a Depositary   Oversight   Specialist .   In this role, you will assist in the analysis of regulated and unregulated   funds   to fulfil depositary oversight duties . The range of activities is quite broad from daily to yearly conrtols.   You will work closely with colleagues   from different departments and different jurisdictions.      Why This Role Is Important To Us   You will be joining the Investment Services function that allows us to deliver a comprehensive, holistic approach to each client relationship — for asset managers and asset owners, insurance companies, and official institutions globally. It means our client-facing functions work together to bring the very best solutions and services the firm has to offer — across all of our locations, products, and capabilities.   Join us if making your mark on the long-lasting client relationships we build is a challenge you are up for.     What You Will Be Responsible For     As a Depositary O versight   Specialist, you will:   Perform analysis of cash flow monitoring;   Perform depositary oversight duties in accordance with   UCITS and AIFMD regulations;   Performn Due Diligence on 3 rd   parties like   Fund Administration or Transfer Agent;   Perform oversight on investment compliance monitoring   Collaborate with internal stakeholders to ensure effective implementation of operational and regulatory requirements.   Drive operational excellence through process improvements, automation initiatives, and operating model enhancements.   Maintain relevant systems and databases and prepare internal and client reporting.   Attend client meetings and support ongoing relationship management activities.

These skills will help you succeed in this role:   Strong knowledge of depositary oversight responsibilities and applicable regulatory frameworks, including   UCITS and   AIFMD.   Strong analytical and problem-solving skills    Ability to apply a risk-based approach and appropriately identify and escalate risk matters.   Excellent organizational skills with strong attention to detail and the ability to meet deadlines.   Strong communication, stakeholder management, and teamwork skills with the ability to work independently and take ownership.   Experience in Fund Accouting / Custody / Investement Compliance   would be considered an advantage .     Education & Preferred Qualifications   Bachelor's or Master's degree in Law, Finance, Accounting, Economics, or a related field.   Experience within a bank, asset management company, law firm, audit firm, or similar financial services organization.   Knowledge of   UCITS and AIFMD Directives   and related regulatory framework .   Understanding of fund structures, governance, financial reporting, and investment lifecycle processes.   Fluency in English; additional European languages would be considered an advantage.     Additional Requirements   Ability to support client meetings, due diligence exercises, and business development activities.   Continuous improvement mindset with a focus on operational efficiency and process enhancement     Work Requirement   Work Model:   Hybrid   Contract Durations:   12 months   Location:   Luxembourg       About State Street Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future. As an