Job Summary Table of Middle Officer (m/f)

Middle Officer Opportunity at Finare Asset Management in Luxembourg

Are you looking to kickstart your career in the dynamic world of asset management? Finare Asset Management (FAM) is seeking a dedicated Middle Officer to join their team in Luxembourg. This exciting role offers a unique opportunity to be at the heart of portfolio management operations in a growing European financial group.

Job Description Summary

As a Middle Officer at FAM, you will play a crucial role in ensuring the smooth operation of portfolio management activities. You’ll be responsible for executing trades, monitoring settlements, and maintaining accurate records while working closely with front office and operational teams.

Responsibilities

• Execute stock market and foreign exchange orders through dedicated channels (Greenwich Dealing or fund custodian banks)
• Monitor securities settlements and deliveries, including payment messages and transaction settlements
• Reconcile custodian bank positions with the Portfolio Management System (PMS) WIZE
• Verify compliance with investment restrictions and maintain positive cash accounts
• Develop and maintain internal portfolio valuation tools
• Prepare periodic management and performance reports
• Document all controls in accordance with internal procedures
• Maintain up-to-date Electronic Document Management (EDM) system
• Assist in creating presentations, correspondence, and periodic reports
• Generate client service invoices (management, brokerage, administrative, family office, and performance) using PMS WIZE
• Perform related controls and verify fees charged by other service providers
• Manage documentation for new client relationships with various stakeholders
• Greet clients and suppliers, and handle incoming calls to the main line
• Monitor and clean up the Contact Email inbox
• Manage office supplies and consumables
• Create marketing presentations for Finare Asset Management S.A. products and services
• Draft monthly operational risk reports and communicate them to Risk Management
• Prepare AML/CFT/KYC reports and share them with the Compliance Officer monthly
• Guide clients through document completion processes

Benefits and Perks

• Opportunity to work with a growing European financial group
• Exposure to international clients and markets
• Potential for career growth within the Finare group
• Collaborative work environment in the heart of Luxembourg

Company Overview

Finare Asset Management, established in Luxembourg since 2011, has recently joined forces with the Finare group, specializing in Insurance and Wealth Management. This strategic partnership has positioned FAM as the launching pad for the group’s asset management division in the Benelux region.

The Finare group is a European powerhouse with strong French roots, boasting a turnover of 100 million Euros in 2021 and projecting similar growth for the coming years. FAM aligns with the group’s development strategy, aiming to increase its assets under management to 1 billion within three years.

Company Culture

At FAM, we pride ourselves on our expertise in private wealth management, serving an international clientele with high-value-added services. Our company culture is built on:

• Innovation and continuous improvement
• Client-centric approach
• Collaborative teamwork
• Professional development and growth opportunities

Career Growth Opportunities

Joining FAM as a Middle Officer opens doors to various career paths within the Finare group. As we expand our asset management operations, talented individuals will have the chance to:

• Advance to senior positions within the Middle Office
• Transition to other departments such as Front Office or Risk Management
• Contribute to the group’s international expansion initiatives

Diversity, Equity, Inclusion, and Belonging

Finare Asset Management is committed to fostering a diverse and inclusive workplace. We believe that a variety of perspectives and backgrounds enhances our ability to serve our international clientele effectively.

Equal Opportunity Statement

FAM is an equal opportunity employer. We do not discriminate based on race, color, religion, gender, sexual orientation, national origin, age, disability, or any other protected characteristic.

Remote Work Policy

This Middle Officer position is based on-site at our Luxembourg office. However, we are continuously evaluating our work policies to ensure the best balance between collaboration and flexibility for our employees.

Application Process

1. Submit your CV and cover letter through our online application system
2. Initial screening by our HR team
3. First-round interview with the Middle Office Manager
4. Second-round interview with senior management
5. Final decision and offer

How to Apply

To apply for this exciting opportunity, please visit our application page and follow the instructions to submit your application.

FAQs or Additional Information

Q: Is knowledge of Luxembourg’s financial regulations required?

A: While not mandatory, familiarity with Luxembourg’s financial landscape is beneficial. We provide comprehensive training to ensure all team members are up-to-date with relevant regulations.

Q: What languages are required for this position?

A: Fluency in English and French is required. Knowledge of additional languages is considered an asset.

Q: Are there opportunities for international assignments within the Finare group?

A: As part of a growing European group, there may be opportunities for international assignments or collaborations in the future, depending on business needs and individual performance.

Join us at Finare Asset Management and be part of a dynamic team shaping the future of asset management in Luxembourg and beyond!

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