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Depository Associate Director (Ref.# OJL233) – OPEN

Falkerin™ Recruitment specializes in Legal & Compliance, Accountancy & Finance as well as Banking and Operational Services recruitment. We are also often mandated to assist in recruiting for Business Support roles such as HR, Personal Assistant, Receptionist or Administrative Officer positions. We work with leading financial institutions in Luxembourg. Our clients’ portfolio include major Service Providers, leading Fiduciaries, Management Companies, Real Estate Investments and global Private Equity Houses.

Please see below job description and if you believe you have relevant experience and would like to be considered for the post please send us your CV in English directly to legaljobs@falkerin.lu or by clicking on the below APPLY button. Please make sure to include Reference# of the position in question.

If the role is not in-line with your expectations but you would like to receive professional advice regarding your career, Luxembourg labour market or more information about other current job opportunities please contact us either by using one of the two electronic forms available on this website or by calling our Luxembourg office at: +352 691 728 795. 

Work place: Luxembourg
(Ref.# OJL233)


  • Work with the depositary management team to ensure that high-levels of client service are delivered on a day-to-day basis
  • Ensure that all client outputs are subject to satisfactory review, are of sufficient quality and demonstrate detailed understanding
  • Support the management of the executive-level relationships
  • Involved in periodic client relationship meetings and the formal presentation of reports to client boards
  • Actively develop relationships with existing clients and their other service providers
  • Support the depositary management team in developing relationships with other teams providing services to the same clients
  • Act as line manager to the depositary management team
  • Ensuring that they are effectively supervised, coached, directed, engaged and encouraged
  • Support the depositary management team with the people management of their respective teams
  • Work with depositary management team on aspects of junior team member recruitment and the relationships with internal and external stakeholders
  • Assist in building Aztec’s depositary service offering in Luxembourg, assisting in proposal-drafting, fee and team considerations
  • Work with business development team to facilitate effective response to reactive opportunities
  • Developing and delivering on a plan of proactive client and intermediary development
  • Support the Luxembourg Head of Depositary Services in the ongoing assessment and development of the business development material
  • Develop relationships with the company's leadership team
  • Assist the Luxembourg Head of Depositary Services in setting annual budgets
  • Work with the depositary management team on an ongoing basis to support them with client and team specific financial considerations
  • Liaise effectively with our internal finance team and our clients on billing, invoice and payment considerations
  • Actively contribute to the representation of the depositary business on internal operational committees and working groups
  • Assist in continuing to assess and evolve the operating framework for depositary services
  • Work effectively with the depositary management team to generate and collate ideas and feedback
  • Support the depositary management team with technical considerations that may require an additional level of judgement
  • Act as a higher-level authority for internal and external considerations
  • Work with the depositary management team, ensuring that internal control framework is consistently delivered
  • Act as the first point of contact and take day-to-day responsibility for internal legal, compliance and risk review planning
  • Work effectively with the Group depositary management team to facilitate an effective ISAE3402 audit process


  • Proven experience of delivering and/or leading the provision of professional services to a portfolio of clients
  • Experience of operating successfully at client board level
  • Previous exposure to writing and presenting reports and maintaining ongoing relationships with executive-level people
  • A relevant professional qualification such as ACCA, ACA, ICSA or equivalent
  • Experience of contributing to and being responsible for all aspects of running a successful business
  • Proven experience of contributing to successful business development activity
  • Track record of drafting proposals, fee quotations and presentation scenarios
  • Solid experience of managing manager-level people, and providing indirect leadership to their respective teams
  • Sound technical knowledge, a commercial outlook but also a strong appreciation of the importance of risk, compliance and regulation
  • A background in private equity and/or real estate funds is desirable, but not essential
  • Experience of working in an CSSF-regulated environment is desirable, but not essential