Depositary Supervision - Head of Alternative Funds
UBS · Luxembourg
Are you seeking to develop your career in the Fund industry? Do you possess extensive knowledge of AIFMD & UCITS regulations and demonstrate problem-solving skills to enhance efficiencies?As Depositary Supervision - Head of Alternative Funds, you will be responsible for leading and developing a team of depositary supervision professionals overseeing a diverse portfolio of alternative investment funds.
You will ensure the effective execution of depositary supervision duties, maintain a robust control environment, and ensure compliance with applicable regulatory and internal requirements.
In addition, you will play a key role in driving the adoption of innovative technologies, including Artificial Intelligence (AI) and data analytics, to enhance supervisory processes, improve operational efficiency, strengthen risk identification capabilities, and support data-driven decision-making across the function.
Key responsibilities include:
• Providing leadership, guidance and development to Alternative supervision managers and their respective teams.
• Ensuring the timely and accurate execution of depositary supervision activities, including cash flow monitoring, asset verification, record-keeping and ownership verification.
• Acting as an escalation point for complex issues, breaches, exceptions and regulatory matters.
• Driving continuous improvement initiatives and contributing to the enhancement of supervision methodologies, controls and operating procedures.
• Leveraging AI, automation and data analytics solutions to optimise supervisory controls, improve process efficiency and enhance reporting capabilities.
• Building and maintaining strong relationships with internal stakeholders, clients, AIFMs, auditors and other service providers.
• Supporting strategic projects, regulatory change initiatives and business transformation programmes.
• Ensuring the team delivers high-quality client service while meeting regulatory obligations and internal governance standards.
• Contributing to the achievement of departmental objectives and fostering a culture of accountability, collaboration and excellence.