Internship - Alternative Investment Funds AIF Depositary (M / F)

Founded in 1856, Banque Internationale à Luxembourg is the oldest multi-business bank in the Grand Duchy. From its foundation, the BIL has always played an active role in the development of the Luxembourg economy. It currently operates in retail, private and corporate banking, as well as on major capital markets. Employing more than 2 000 people, BIL is present in the financial hotspots that are Luxembourg, Switzerland, and China.

As a major player in Luxembourg's finance industry and as a signatory of the UN Principles of Responsible Banking, BIL is committed to handing over a responsible and sustainable bank to future generations.

The depositary function provides investor protection, through overseeing the general administration of the Alternative Investment Funds (AIF), the safekeeping of AIF assets and monitoring the cash accounts of the AIF. The AIF Depositary team ensures that all depositary duties are performed in accordance with all laws and regulatory directives.

Your next challenge :

• Support the team in assessing the complexity of AIF strategies and determine how to apply

oversight procedures appropriately to each AIF,

verification and record keeping duties,

including administrator and fund managers,

developing automatization.

Your skills :

looking for a long-term traineeship (6-12 months).

detail and good organizational skills.

Outlook).

BIL offers a broad range of challenging projects and a huge choice of career paths .We will assist you in finding the one that best meets your skills and expectations. Your personal development is our priority and we greatly encourage you to dive into different business areas for the broadest possible experience.

BIL is firmly of the opinion that diversity & inclusion contribute towards increasing the collective performance of the Bank. We are committed to creating a culture of inclusion that encourages individual development with equal opportunities for all.

NB : The selected candidate will be asked to provide an extract from the criminal record (no.3) as evidence of integrity and justified with regard to the specific needs of the position to be filled. Other documents will be collected, to the extent legally permitted, to perform background checks.