Finance and Fund Oversight Controller - Trainee (m/f)

Finance and Fund Oversight Controller - Trainee (m/f)

ING Solutions Investment Management (ISIM) is looking for a Finance and Fund Oversight Controller Trainee to support its activities in Luxembourg starting from June 2023.

Your working environment

ISIM is a subsidiary of ING Belgium (32%) and ING Luxembourg (68%). ISIM benefits from the status of a “Super ManCo” as it has received licenses to manage both UCITS and Alternative Investment Fund (AIF).

ISIM currently oversees Investment Funds distributed by different Group-entities: ING Belgium, ING Luxembourg, ING The Netherlands, ING Germany, ING Autria, ING CZ and ING France.

ISIM is the Management Company of ING Group and is pursuing its development as a key tool for Investment Fund solutions within ING Group.

ISIM is currently composed of a team of more than 20 employees.

Job description

As a Finance and Fund Oversight Controller Trainee, you will contribute to the oversight and control of the delegated functions (Fund Administration and depositary) as well as to the controls performed by the Finance function.

You will be asked to assist the team in various controls, such as:

Oversight and controls of delegated functions

• Review and analysis of the Key Performance Indicators & Key Risk Indicators of the Funds (monthly review/exceptions reports from delegates);
• Review of the Fund expenses and the related calculation of ongoing charges;
• Review of the reconciliations between the Fund records and the custodian records;
• Coordination of invoice processing
• Monthly meetings with delegates.
• Review of the draft annual accounts and other Fund reporting
• Preparation of the Board meetings

Given the size of the team, the Fund Controller Trainee will also provide support in various operational tasks of the ManCo whenever needed.

Our offer

This position is a great opportunity to:

• Discover the Investment Fund industry

• Develop and benefit from training on-the-job thanks to an expert team
• Work for the Luxembourg entity of one of the leading banks in Luxembourg
• Work in a convivial and dynamic environment of a human-size company but integrated within a large group

Your profile

Knowledge and experience

• Study in Economics / Finance
• Good knowledge of Word and Excel
• French/English

Skills

• Flexible and eager to learn
• Team player
• Fluency in French and English, knowledge of other languages being considered as an asset.

Your work environment :

ING is a financial institution originating in the Netherlands, which offers banking, insurance and investment services to more than 61 million private, Corporate and Institutional clients in 40 countries. With more than 53,000 employees, our international group combines a number of different institutions, which offer services more and more under the unified ING label.  With its network of 16 branches, ING Luxembourg’s mission is to satisfy, in the most appropriate manner possible, the needs, be they personal or professional, of its varied local and international customers. Its different teams are composed of specialists possessing a deep knowledge in the field of banking. Trained in the latest financial management techniques, they can rely on commercial relations and on the experience of a large international group.