The posting
Head of Supervision Alternative FundsLuxembourgFund ServicesGlobal Wealth Management Key responsibilitiesAre 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 Head of Supervision 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.Job Reference # 343129BRCity LuxembourgJob Type Full Time Your Career ComebackWe are open to applications from career returners. Find out more about our program on <a href="ubs.com/careercomeback" target="_blank" rel="nofollow">ubs.com/careercomeback</a>.The teamYou will be part of the Depositary Supervision Team of UBS Europe SE, Luxembourg Branch. The team is responsible for performing all regulatory controls under UCITS V and AIFMD related to safekeeping, cash flow monitoring, and custody oversight. We are a diverse and dynamic team, fostering a strong spirit of collaboration in our day-to-day work.Your skills and experienceWe are looking for an experienced professional with:• Extensive experience in Depositary, Fund Administration, Audit or Alternative Investment Fund Management.• Strong knowledge of the Luxembourg alternative investment funds industry and regulatory framework. Experience with UCITS would be considered an asset.• Proven experience managing and developing teams in a supervisory or leadership capacity.• Sound understanding of alternative asset classes, including Private Equity, Private Debt, Real Estate, Infrastructure and other alternative investment strategies.• Strong risk management and analytical skills, with the ability to identify issues and propose practical solutions.• Excellent communication and stakeholder management skills, with the ability to engage effectively at all organisational levels.• A proactive and solutions-oriented mindset, with a focus on continuous improvement.• The ability to manage competing priorities in a dynamic and evolving environment.This role offers the opportunity to play a key part in the continued development of the Depositary Supervision function while leading a dedicated team in a challenging and evolving regulatory environment.You're curious to explore how AI can improve how we build, deliver, and optimize workflows. You do this with sound judgment – validating outputs and aligning with policies, risk standards, and ethical use.About usUBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. We also provide diversified asset management solutions and focused investment banking capabilities. Headquartered in Zurich, Switzerland, UBS is present in more than 50 markets around the globe.We know that great work is never done alone. That's why we place collaboration at the heart of everything we do. Because together, we're more than ourselves. Want to find out more? Visit <a href="ubs.com/careers" target="_blank" rel="nofollow">ubs.com/careers</a>.How we hireWe may request you to complete one or more assessments during the application process. Learn moreJoin usAt UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We're dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. And we use artificial intelligence (AI) to work smarter and more efficiently. We also recognize that great work is never done alone. That's why collaboration is at the heart of everything we do. Because together, we're more than ourselves.We're committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.Contact DetailsUBS Business Solutions SAUBS RecruitingDisclaimer / Policy StatementsUBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.When applying for this role, please note that additional background checks may be carried out and an original of your criminal record may be requested.
