Fund Oversight Officer (m/f)

ING
Solutions Investment Management (ISIM) is looking for a Fund Oversight
Officer to support the current and planned developments of its activities
in Luxembourg.

ISIM is a subsidiary of ING Luxembourg. ISIM benefits
from the status of a “Super ManCo” as it has the licenses to manage both UCITS
and Alternative Investment Fund (AIF).

ISIM oversees Investment Funds distributed by ING group
entities.

Launched in 2014, ISIM is pursuing its development and
its positioning as the Management Company (‘ManCo’)  of ING Group and is the key tool for
Investment Fund solutions within the Group.

ISIM is looking for a Fund Oversight Officer to
reinforce its team in the context of the development of its activity.

As a Fund Oversight Officer, you will oversee the activities
of the Central Administration and Depositary Bank of investment funds managed
by ISIM. More specifically, you will perform the following controls:

Oversight and controls of delegated functions (Fund
Administration, Depositary Bank)

• Perform initial and periodic due
  diligence on the delegates

• Review and analyse the Key
  Performance Indicators & Key Risk Indicators of the Funds  (monthly review/exceptions reports from
  delegates)

• Review the reconciliations
  between the Fund records and the custodian records

• Oversee the coordination of the
  Fund corporate life cycle (dividend payments, general meetings of shareholders,
  etc)

• Monthly meeting with delegates
   

• Review of the Fund expenses and
  the related calculation of ongoing charges

• Prepare and/or submit payment of
  relevant fees and invoices

• Review of the draft annual
  accounts and other Fund reporting

• Manage the relationship with the
  external audit

• Coordination of board meetings,
  preparation of board packs, drafting of minutes

Given the size of the team, the Fund Oversight Officer
will also have to ensure support/backup with regard to administrative tasks of the
ManCo whenever needed.

• Develop and
  benefit from training on-the-job thanks to an expert team

• Join the Management Company of
  one of the leading banks in Luxembourg within an international environment

• Have a contributing role in the
  development of the structure, allowing for a spirit of initiative

• Work in a convivial and dynamic
  environment of a human-size company but integrated within a large group

• Benefit from a wide range of
  tasks and some autonomy, including multiple contacts with internal and external
  representatives

• Master in economics/finance or
  equivalent

• Practical experience in the fund industry
  (e.g. in relation with fund administration, depositary bank or audit of funds)

   

• Knowledge of:

  • regulatory
    requirements and funds’ organization applicable to both UCITS and AIF;

  • fund
    accounting mechanisms and NAV calculation

  • financial
    markets and products

• Excel proficiency and comfortable
  with numbers

• Flexible and eager to learn
• Rigorous and critical scepticism

• Sense of responsibility and
  autonomy

• Team player with good
  communication skills (both oral and written)

• Fluency in French and English,
  knowledge of other languages being considered as an asset.