Back office - Network Management Employee (M/F)

About us

Sofitex Talent Recruitment
Fort d'une expérience de plus de 30 ans dans les Ressources Humaines, Sofitex est un réseau international de Travail Temporaire et de Placement en CDI. Sofitex fonde sa dynamique et son succès sur le professionnalisme de ses équipes, sa forte réactivité et sa proximité.

Mission

For one of our clients, a financial institution located in Luxembourg Munsbach, Sofitex Talent is currently looking for a 4-month mission for a:

Back Office - Network Management Employee (M/F)

The Network Management Section is in charge of the relationship with all external parties for the deposit of Cash and Securities of the Bank and its clients. Being part of the team you will be responsible for the day to day relationship with those external counterparties. Follow up of the accounts lifecycle (opening, maintenance, and closing), selection of new  counterparties and yearly review are part of the role.

Main Tasks

Principal activities are and not limited to:

• Annual assessment of Sub-custodians and Cash correspondent Banks

• Collect of information, comparison table completion

• Analysis of the Due Diligence Questionnaire

• Supervision of Market news, analysis and internal communication

• Annual assessment of outsourcing providers – Cssf Circular 22/806

• Collect of information, comparison table completion

• Analysis of the Due Diligence Questionnaire

• Collect of KRI / KPI among relevant departments and internal communication

• External communication with providers

• Strict adherence to rules, policies, laws, directives and any other obligation is due.

• Promote effective and professional communication in the team being transversal or bottom-up, with internal stakeholders and certainly with external parties. Be an example and strive for excellence in that area.

• Show a strong “can do” attitude when it comes to requests or changes.

Profile

Your profile:

Education

Academic background (i.e A level+2) in Finance or equivalent and/or a proven experience in a similar role for up to 3 years

Knowledge and experience

• Good understanding of the fundamentals of a financial organization and related supervisory bodies

• Very good understanding of the activities related to the contractual scheme and account structure for relationships with sub-custodians and Nostro.

• Fair understanding of the Custody and Fund business principles (Luxembourg and Cayman Funds) as well as of the Security Agency business.

• Fair understanding of the applicable laws, directives and regulations like FATCA, CSDR, MiFID act and fair understanding of AIFMD and UCITS

Languages

Fluency in English, good command in French being an asset.

IT skills

• Strong command of the Microsoft Office package with an advanced

• Knowledge of Excel

• Thaler, especially in account setup and queries being an advantage

• SWIFT creation and queries

Personal skills

• Analytical and problem solving skills

• Client service, quality and risk oriented

• Ability to work under pressure with focus on timely delivery

• Effective oral and written communication skills

• Team player: being reliable, willing to learn, share and collaborate

• Able to take initiatives in the best interest of the Bank and the team

• Strong sense of organization

This is an opportunity for 4-month contract, to start asap.

Salary: around 4000€ gross X 13 + meal vouchers