FundRock is a Pan-European leading independent UCITS management company and AIFM (Alternative Investment Fund Manager). Our clients are established blue-chip companies and leaders in their domestic market.
We invest in our people, enabling you to develop your skills and build on your experience.
If you like the idea of working for an ambitious and growing company, as part of a multicultural team, we are the place for you.

FundRock Management Company S.A

Position Distribution & Marketing Oversight and Fund passporting Officer

Purpose of the Role:

• To oversee the distributors to whom FRMC delegates the distribution function
• To support the FRMC Distribution team to deliver distribution support services to clients (e.g. Fund passporting, distributor due diligence)
• To provide the clients with support in understanding the applicable local marketing rules and requirements

Job Responsibilities:

• Ensure the adherence of FRMC and its delegates to the laws rules and regulations governing Marketing and Distribution activities – through oversight of the fund(s) marketing plan and the distribution network of the managed UCITS and AIFs
• Perform Initial and Ongoing Due Diligence on the Distributors. Identify, assess operational risks and highlight findings/ recommendations (where relevant) in your due diligence report
• Perform Initial and Ongoing Due Diligence on the Distributors via on-site visits, where required.
• Review documentation such as Prospectus, policies and procedures of the management company’s counterparts, due diligence reports, etc.; monitoring of Service Level Agreements with the distributors and other 3rd party distribution partners
• Follow-up on any issues identified and escalation to the Management if needed
• Prepare fund’s board reports within the agreed deadlines
• Communicate and maintain relationship with the delegates of FRMC and other 3rd party service providers
• Establish communication with clients and provide proactive assistance on distribution related issues
• Escalate issues when required
• Assist the team with implementation of distribution related services
• Ensure consistent, correct and timely delivery of services internally and to clients
• Deliver distribution support services, such as market research and analyses, agreements review, research and selection of service providers, etc.
• Manage fund registration and distribution service for clients both UCITS and AIFs
• Liaise with regulators, lawyers, clients and third-party service providers where required
• Deal with the administrative modalities of funds registration, being compliant with the regulations, ensuring a high level of accuracy and respecting deadlines and procedures
• Liaise with the Management Company’s Conducting Officers and contribute to regular reports, maintain documentation, identify potential breaches and escalate when required
• Contribute to quarterly fund Boards, notably key performance indicators on distribution
• Research and keep up-to-date on the cross-border notification procedures in the EU and non-EU countries
• Keep up to date on any laws and regulation impacting marketing and distribution of funds (UCITS, AIFs, other unregulated funds as well)
• Maintain the internal distribution and registration databases

Requirements:

• You have a minimum of 3-5 year experience in the fund industry and oversight roles, ideally in fund distribution (additional exposure to legal, compliance, TA functions would be an advantage)
• You hold at least a Bachelor's degree or equivalent in Economics, Law or similar qualifications;
• You are fluent in English with excellent written and oral communication skills, fluency in German would also be required.
• You demonstrate a good understanding of the investment fund industry, oversight requirements (as set forth in CSSF 18/698 and various ALFI guidelines), marketing and distribution of investment funds, KYC/AML related regulations, MiFiD II product governance and investor classification requirements, CBDF regulation (Article 4 of Regulation (EU) 2019/1156), etc.), UK OFR regime;
• You are keen to further develop your practical knowledge of laws and regulations applicable to financial services, both within Luxembourg and other jurisdictions;
• You have developed strong commercial awareness, analytical and communications skills;
• You are very organized and detail focused, able to multi-task
• You are energetic and solutions based team player who is willing to help and support your colleagues
• You have a good working knowledge of Microsoft PowerPoint, Excel, Word and PowerPoint
• Ability to communicate with the senior management internally and externally
• Previous experience in a Management Company/or Big 4 audit firm is an advantage

As a vital team member and in return for your expertise, inclusive approach and commitment, we'll provide a favourable salary and the chance to join a passionate and welcoming team. Benefits As a truly global business, we tailor benefits to each location to safeguard our people and respect local cultures and ways of working. Our people are our greatest asset, and we invest in talent development. Join our global network, and you will benefit from education support, sponsorship and in-house training programs.

Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.