Distribution and Oversight Associate

Company:

Description:

Mercer Alternatives is seeking candidates for the following position based in our Luxembourg office:

Distribution and Oversight Associate – AIFM (m/f)

Mercer Alternatives operates as an investment firm. The group provides advisory services, as well as offers customized and pooled investment solutions across various private market asset classes including private equity, debt, infrastructure, real estate, and hedge funds.

What can you expect:

This person will work in a newly formed team to support three AIFM functions:

• Distribution activity of the AIFM’s products, including oversight of the delegated distributors and activities connected to the compliance of such
• Oversight of the AIFM’s delegates and service providers, including fund administrators and depositaries
• Regulatory reporting oversight and maintenance, supporting the AIFM’s responsibilities and overseeing service providers performing this function.

Reporting to the responsible Conducting Officer, the role will be multi-faceted and fluid, requiring an individual that is flexible, enthusiastic, hardworking and eager to learn, preferably with a related background in addition to strong organisational and communication skills.

Our employees enjoy excellent benefits such as:

• Competitive benefits package with annual review
• Additional healthcare cover
• Study Support
• Teleworking 
• 40 hour working week

We will count on you to: 

Distribution

• Support the oversight of the activities of the AIFM's distributors, including KPI reviews and monitoring of marketing regulatory compliance of the AIFM's private markets funds.
• Support new fund projects and exploration of new markets in relation to distribution and marketing activities.
• Assist with the compliance of distribution regulations including pre-marketing activities, launch requirements, and ongoing responsibilities.

• Support the communication between the AIFM's external advisors and the wider business in connection with distribution activities.
• Assist with instructive reports to the AIFM's distributors to ensure their compliance.
• Support process improvement initiatives for the AIFM's oversight of distribution.

Oversight

• Support the AIFM's team in the oversight of service providers, to ensure adherence with agreements, KPIs and regulations.
• Assist with the regular monitoring and periodic due diligence on service providers.
• Assist with the review of service provider proposals, including benchmarking with existing providers.
• Support transitions between outgoing and onboarding providers as needed.
• Assist with maintaining certain monitoring / tracking reports.

Regulatory Reporting

• Assist with the monitoring and oversight of regulatory reporting across various jurisdictions/ regulatory bodies, including the monitoring of the timely and accurate submissions by the AIFM's providers.
• Assist with the implementation of new regulatory reporting requirements.

What you need to have:  

• Minimum of 2 years of relevant experience in a relevant role within the financial services or asset management sector (preferably in Luxembourg).
• Good understanding of Luxembourg financial regulations, particularly AIFMD and UCITS.
• Excellent analytical and problem-solving skills, with a keen attention to detail.
• Excellent written and verbal communication skills in English; proficiency in French or German is a plus.
• Self-motivated team player and ability to work independently; strong sense of ownership, paying attention to detail and ensuring high-quality deliverables within set timelines
• An ability to multi-task and work under pressure to deadlines
• Openness to a fluid role with the opportunity to develop further
• Strong organisational skills; excellent communication, presentation and collaboration skills
• Positive can-do attitude essential

More about us:

Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s more than 25,000 employees are based in 44 countries and the firm operates in over 130 countries. Mercer is a business of Marsh & McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with 81,000 colleagues and annual revenue of $19 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit https://www.mercer.com/. Follow Mercer on Twitter @Mercer. 

We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients regardless of their gender expression or identity, marital or civil partnership status, ethnic origin, nationality, age, background, disability, sexual orientation or beliefs. We are proud of our inclusive culture where everyone feels empowered to bring their whole selves to work and thrive. Learn more about our foundational values, mission and vision for the future by reviewing our Greater Good Policy.