Fund Controller (M/F)

  • Negotiable
  • Ettlebruk, Diekirch, Luxembourg
  • Permanent, Full time
  • DO Recruitment Advisors
  • 18 Sep 17

Hi All! I am currently recruiting for a Fund Controller for an asset manager in Luxembourg. The ideal candidate has +4 years experience in fund accounting / administration, is a motivated self starter and has a fluent level in English.

The Job:

Our client is seeking to recruit a highly motivated individual to play an important role in their Fund Control department, who would report to the team manager in the Luxembourg office. Principal responsibilities will include:

Fund Control

  • Build strong working relationships with Administrators, Depositaries and Prime Brokers;
  • Ownership and identification of process enhancement projects to assess the effectiveness and viability in improving the Fund Control function;
  • Enhance the framework for NAV oversight, and provide management reporting on a periodic basis to allow management to access the integrity of the NAV production process;
  • Fund performance monitoring across all domiciles;
  • Develop a framework for oversight of Custodians, and provide management reporting on a periodic basis;
  • Provide operational risk assessments of current processes, identify issues that arise/could arise on the funds, and work with stakeholders to resolve these on a proactive basis;
  • Work with other functional teams, such as Product Development, Legal, Tax, Risk and Governance on:

- Involvement in conceptualizing new fund products;
- Research new product requirements, both internally with other functional teams, and also externally with service providers;
- Ensure markets are open for new fund launches;

  • Provide analysis on operating expenses to determine the asset levels at which funds are profitable;
  • Engage the client transition management process for new and existing clients, in relation to asset-in-kind transfers;
  • Attend cross-functional meetings, and provide operational expertise and recommendations.


Business Support

Work on various and changeable tasks to support other business functions. This could include, but is not limited to:

  • Help support the financial statements function;
  • Recognize areas of reporting inefficiency between the service providers and within the company, and collaborate with internal system consultants to develop and integrate customized automated reports.


The Candidate Profile:

The successful candidate is likely to:

  • Hold an undergraduate degree;
  • Have around 5 years of professional experience working in the funds industry. Ideally this will include a background in UCITS and regulated alternative funds domiciled in Europe;
  • Be technically proficient in relation to Microsoft software , Excel, VBA and/or Access;
  • Be able to synthesize information quickly;
  • Be able to identify, research and resolve unfamiliar issues
  • Have strong analytical skills, and attention to detail along with demonstration of strong verbal and written communication skills;
  • Have a team-oriented, collaborative attitude;
  • Demonstrate career progression to date, perhaps including previous management of a team or service provider relationship;
  • Fluency in English is required, and other European language is considered an advantage.


The Client:
Our client is an asset manager based in the city centre of Luxembourg.