Asset Oversight Internship

About Utmost InternationalUtmost International is a leading provider of insurance-based wealth solutions operating across the UK, Europe, Latin America, Asia, and the Middle East. Its’ solutions are largely based on unit-linked insurance policies, serving the needs of affluent, high net worth (HNW), and ultra-high net worth (UHNW) individuals.On a proforma basis at HY 2024, Utmost International manages £103.5bn of assets under administration on behalf of approximately 200,000 policyholders.About Utmost Luxembourg S.A.Sitting at the crossroads of private banking, asset management, and insurance, we operate in a well-established and fast-growing division of the financial services industry. Our dynamic international team of 450+ experienced wealth structuring specialists, subject-matter and technical experts consists of 50 different nationalities, speaking over 30 languages.We are a diverse and inclusive organisation driven by a values-based culture that promotes excellence, ambition, and innovation. We invest in talented teams who develop their expertise, curated through support and training, and fostered through a people centred culture. Our people truly are our greatest asset!Your role – Are you ready for a challenge?Your Responsibilities Will Be As FollowsService delivery and standardsSetup, update and review of eligible assets according to the legal and regulatory restrictions as issued by applicable CAA (“Commissariat aux Assurances”) regulations and European legislation as well as the alignment with the defined investment strategy,Analyse new portfolio investments in accordance with home and host country regulations,Review of the contractual documentation: investment profile, investment strategy and indemnity letter,Suitability check between the investment strategy signed by the client and his/her risk investment profile at on-boarding and during the whole life of a policy,Setup of rules and investment strategies in the system,Provide monthly and quarterly reporting to partners, clients & other departments on regulatory and investment strategy breaches and follow-up and implementation of mitigation actions with external investment managers in case of deviation of investment regulations,Deal with day-to-day queries from Sales and Client services regarding investment compliance and monitoring.Relationships and influencingAdopt a professional and ethical attitude,Ensure a professional and reliable service to clients and internal and external services,Your profile – Have you got what it takes to become our Asset Oversight Intern?Functional / Technical SkillsIn a Master degree in Finance, Economics or equivalent,Good knowledge on investment instruments and financial environment,Good knowledge of MS Office, especially Excel.Other SkillsFluent in English,Able to deal, with facts, figures and adherence to systems,Well organized with a methodical approach to work,Able to gather and process information efficiently.As an equal opportunity employer, all qualified applicants will receive consideration for employment without regard to gender, colour, religion, sexual orientation, national origin, disability status, protected veteran status, or any other characteristic protected by law.Given the sensitive nature of our business, industry sector and the role as described, the selected candidate is required to provide a criminal record (Bulletin n°3 for Luxembourgish residents). This excerpt will be kept by Utmost Luxembourg S.A. in compliance with article 8-5 (2) of the law of 23 July 2016 and for no longer than one month from the conclusion of the employment contract; otherwise, it will be destroyed without any undue delay should the candidate not be hired.Utmost Luxembourg S.A. is aware of its obligations under the General Data Protection Regulation (GDPR) and is committed to processing your data securely and transparently.Our Recruitment Privacy Notice is in line with GDPR and provides more information with regards to the types of data that we collect and hold on you as a job applicant, including for the performance of Background Checks. It also sets out how we use that information, how long we keep it for and other relevant information about your data. For full details please click hereRecruitment Privacy Statement