Fund Controller - Trainee (m/f)
ING Solutions Investment Management (ISIM) is looking for a Fund Controller Trainee to support the current and planned developments of its activities in Luxembourg.
Your working environment
ISIM is a subsidiary of ING Belgium (32%) and ING Luxembourg (68%). ISIM benefits from the status of a “Super ManCo” as it has received licenses to manage both UCITS and Alternative Investment Fund (AIF).
ISIM currently oversees Investment Funds distributed by different Group-entities: ING Belgium, ING Luxembourg, ING Germany, ING Autria, ING CZ, ING France...
Launched in 2014, ISIM is evolving as Start Up to pursue its development and intends to be positioned as the ManCo of ING Group and as a key tool for Investment Fund solutions within ING Group.
ISIM is currently composed of a team of 10 employees but new additional collaborators are expected to join in 2018.
As a Fund Controller Trainee, you will contribute to the oversight and control of the delegated functions (Fund Administration, Fund Distribution) as well as to the controls performed by the Risk Management function.
You will be asked to assist the team in various controls, such as:
Oversight and controls of delegated functions
- Due diligence reports on the delegates;
- Review and analysis of the Key Performance Indicators & Key Risk Indicators of the Funds (monthly review/exceptions reports from delegates);
- Review of the Fund expenses and the related calculation of ongoing charges;
- Review of the reconciliations between the Fund records and the custodian records;
- Monthly meeting with delegates.
Fund distribution and registration
Control on the publication of fund data and investor documents
Proactively animate the client-relation with the different distributors. This should be considered in a broad way, going from organizing seminars to brainstorm and making commercial documents
Website development of ISIM and/or clients
Review of the draft annual accounts and other Fund reporting
Preparation of the Board packs
Given the small size of the team, the Fund Controller Trainee will also provide support in various operational / administrative tasks of the ManCo whenever needed.
This position is a great opportunity to:
Develop and benefit from training on-the-job thanks to an expert team
Work for the Luxembourg entity of one of the leading banks in Luxembourg
Work in a convivial and dynamic environment of a human-size company but integrated within a large group
Knowledge and experience
Study in Economics / Finance. Marketing and webdesign are considered as an asset.
Good knowledge of Word and Excel
Flexible and eager to learn
Fluency in French and English, knowledge of other languages being considered as an asset.
Your work environment :
ING is a financial institution originating in the Netherlands, which offers banking, insurance and investment services to more than 61 million private, Corporate and Institutional clients in 40 countries. With more than 53,000 employees, our international group combines a number of different institutions, which offer services more and more under the unified ING label. With its network of 16 branches, ING Luxembourg’s mission is to satisfy, in the most appropriate manner possible, the needs, be they personal or professional, of its varied local and international customers. Its different teams are composed of specialists possessing a deep knowledge in the field of banking. Trained in the latest financial management techniques, they can rely on commercial relations and on the experience of a large international group.