Compliance Senior Officer Depositary Services

ABOUT US:

As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions. 

With a deep understanding of what it takes to succeed in alternatives, we believe in being different - in what we do, in how we work and most importantly in how we enable and develop our people. Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take. 

Find out more about life at Alter Domus at careers.alterdomus.com  

Your role

You will join the Compliance Team of Alter Domus specialised Professional of the Financial Sector (“PFS”), with a primary focus on regulatory requirements applicable to depositary activities in Luxembourg. Your scope will also extend to supporting depositary compliance activities in other Alter Domus jurisdictions within EMEA, where relevant.

You will report directly to the Compliance Depositary Manager, and indirectly to the Head of Compliance – Fund Services.

Key responsibilities

As Compliance Senior Officer for Alter Domus Specialised PFS, you will:

Regulatory Compliance & Monitoring
•    Ensure Alter Domus complies with all applicable laws, regulations, and circulars relevant to depositary functions (including, but not limited to, AIFMD, CSSF Circular 18/697 and 18/698 and other regulations applicable in EMEA). 
•    Perform and document regular compliance risk assessments, thematic reviews, and control testing across depositary operations. 
•    Maintain, update, and continuously enhance compliance policies, procedures, and the Compliance Monitoring Plan (CMP). 
•    Ensure the Compliance Monitoring Programme is effectively implemented, followed up, and adequately evidenced.

Governance, Policies & Reporting
•    Assist in preparing periodic Compliance Reports for Senior Management/Conducting Officers and the Board of Directors.
•    Escalate significant issues, deficiencies, breaches, or policy deviations, and monitor the timely implementation of remediation actions.
•    Coordinate the review, approval, publication, and annual attestation of Compliance policies and procedures. 
•    Contribute to governance deliverables required from a Depositary, including regulatory filings, registers, and compliance attestations.

Advisory & Support
•    Act as a key point of contact for regulatory compliance queries related to depositary activities, including AIFMD and equivalent obligations, cash monitoring, asset verification, and oversight of investment restrictions. 
•    Promote a strong compliance culture within the Depositary business, providing guidance and training where needed.
•    Support internal and external audits, regulatory inspections, and reviews.

Team Contribution & Quality Assurance
•    Provide guidance, coaching, and quality review to junior compliance officers.
•    Collaborate effectively with operational teams, risk management, internal audit, and cross jurisdictional colleagues.

Your profile

•    You hold a bachelor’s or master’s degree in law, Finance, Business Administration, or a related field. A professional certification in Compliance, Accounting, or Finance a plus (CAMS, CAIA, CFE, Certified/Chartered Accountant...).
•    You have 2-5 years of relevant experience in depositary activities, acquired through a compliance, internal audit or regulatory advisory role, specifically within the Luxembourg market, ideally with an experience at a Specialised PFS, or an Audit & Consulting firm in Luxembourg.
•    You possess a deep understanding of the Alternative Investment Fund (AIF) sector, including Private Equity, Real Assets, and Debt funds.
•    You have extensive knowledge of the AIFMD (Alternative Investment Fund Managers Directive) and local CSSF circulars (e.g., 18/697, 18/698).
•    You are skilled in monitoring cash flows, asset verification, and performing investment restriction checks.
•    You have good analytical, problem-solving, and communication skills, with the ability to work collaboratively across teams in different jurisdictions and functions.
•    You are proficient in English, both written and verbal. French and any other language skills from countries where AD operates is an asset.
•    You demonstrate the ability to coach and supervise junior officers, sharing expertise and coordinating team workflows.
•    You are highly organized with strong attention to detail and a proactive approach to resolving discrepancies.
•    Proficiency in compliance monitoring tools and technologies, including experience with automation and AI solutions is a plus.

WHAT WE OFFER

We are committed to supporting your development, advancing your career, and providing benefits that matter to you. 

Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning. 

Our global benefits also include:

• Support for professional accreditations such as ACCA and study leave 
• Flexible arrangements, generous holidays, plus an additional day off for your birthday!
• Continuous mentoring along your career progression 
• Active sports, events and social committees across our offices 
• 24/7 support available from our Employee Assistance Program 
• The opportunity to invest in our growth and success through our Employee Share Plan 
• Plus additional local benefits depending on your location 

Equity in every sense of the word:

We are in the business of equity, in every sense of the word. For us, this means taking action to ensure every colleague has equal opportunity, valuing every voice and experience across our organisation, maintaining an inclusive culture where you can bring your whole self to work, and making Alter Domus a workplace where everyone feels they belong. 

We celebrate our differences, and understand that our success relies on diverse perspectives and experiences, working towards shared goals and a common purpose. We take pride in creating a workplace where all our people are empowered to be truly invested in the alternative and bring their whole selves to work.

We are committed to ensuring a welcoming recruiting and onboarding process for everyone. Please contact our hiring team if you require any accommodations to make our recruitment process more accessible for you. 

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