Anis Soomaroo

Depositary Manager Location: Luxembourg Contract: PermanentSector: Private Equity & Real Estate Funds About the Role We are seeking a Depositary Manager to join a growing alternative funds services platform in Luxembourg. The position sits within the Depositary team and focuses on servicing a diverse portfolio of Private Equity and Real Estate funds. The successful candidate will oversee day-to-day depositary oversight activities, drive client delivery, and support the development of best-practice processes aligned with regulatory requirements. This is an ideal opportunity for an experienced depositary professional who is ready to take full ownership of client relationships, manage complex fund structures, and contribute to a high-performing, collaborative team. Key Responsibilities Client & Relationship Management • Act as primary point of contact for a portfolio of PE and RE clients. • Build strong working relationships with AIFMs, fund managers, administrators, and other stakeholders. • Lead regular client calls, reviews and deliverables; ensure timely escalation of issues. Oversight & Control • Perform ongoing cash flow monitoring and oversight of reconciliations. • Review and monitor asset ownership verification for private equity and real estate investments. • Conduct oversight of investment restrictions, valuation processes, and regulatory compliance. • Perform due diligence reviews on administrators, delegates, and counterparties. • Ensure adherence to AIFMD requirements and CSSF circulars/supervisory expectations. Operations & Deliverables • Review and sign off detailed depositary reports, breaches, and monitoring files. • Oversee completion of annual due diligence, onsite visits, and periodic sampling work. • Identify, document, and mitigate risks within the oversight framework. • Support internal audit queries, regulator requests, and client-specific projects. Team Leadership & Process Improvement • Provide guidance to junior team members and support their development. • Contribute to workflow optimisation and the enhancement of internal methodologies. • Partner with senior management to refine monitoring tools and reporting frameworks. Key Requirements • 5–7 years of experience in Depositary, AIFM oversight, Fund Administration, Audit or a related role focused on Private Equity and Real Estate structures. • Strong understanding of AIFMD, CSSF regulations, industry best practices and PE/RE fund mechanics. • Hands-on experience with cash flow monitoring, asset verification, and oversight controls. • Excellent analytical skills, attention to detail and comfort navigating complex fund structures. • Strong communication skills with the ability to manage clients confidently and professionally. • Organised, proactive and comfortable working in a fast-paced, growing environment. • Fluent written and spoken English; French or German is an advantage.