The Depositary Control Analyst mainly performs systematic control work in accordance with the Custodian Control plan and / or applicable laws and regulations.
Systematic controls are controls applied automatically according to defined procedures (monitoring of UCIs, ratios, inventory control, Net Asset Value calculation compliance, interpretation of the result).
It implements the step-by-step intervention procedure in the event of anomalies detected vis-à-vis management companies, external auditors and local supervisory authorities.
It also participates in specific control work. The specific controls are carried out with a view to giving the depositary reasonable assurance that the risks specific to the management and valuation activity are controlled by the management company (audit, studies, questionnaires).
The depositary control analyst will have to perform controls on UCITS and Alternative Investment Funds (Private Equity, Real Estate, etc.).
Main missions : Inventory controls
Perform checks on inventory reconciliations (securities and liabilities) of UCIs
Perform cash monitoring (cash reconciliation, monitoring of flows in the bank statements)
Follow up a control plan containing all the information necessary for the controls of the fund management (securities, valuation, liabilities, other receivables, debts, establishment of the net asset value, and control of ownership).
Analyze discrepancies and intervenes, if necessary, to accelerate the regularization
Analyze of prospectus or their modification
Ensure that the transactions carried out by the Asset Managers are settled on time
Analyze prospectus of funds subject to control of investment restrictions
Investment ratios / restrictions
Control the regulatory ratios and specific rules mentioned in the prospectus (via our tool or manually for certain types of funds).
Apply our escalation process if there is an anomaly.
Monitor the regularization of anomalies in permanent relation with the Management Companies
Participate in improving the quality of alerts from our tool
Perform and / or participate in control missions in the form of audits / questionnaires / visit to Management Companies / Fund Managers
Perform specific controls on dividends, fees, subscriptions / redemptions, record keeping, etc.
Liaise with various departments within Caceis Group such as the Middle and Back Office teams and with external counterparty such as Fund Administrator, Transfer Agent, Management Companies, Board Members, Auditors and the Regulator
Support the team during meetings or notable events
Participate in the redaction of our Depositary Bank Report
If you are interested to apply for this Internship, please send your CV and application letter.
Localisation du poste
Niveau d'études minimum
Bac + 3 / L3
Formation / Spécialisation
Economie, risk, financial analyse
Niveau d'expérience minimum
Willingness and desire to learn
Be able to handle various requests
Stress resistant and able to meet deadlines
Good knowledge of Microsoft Office (Excel, Word, PowerPoint)
Excellent command in French and English