Director, Fund Legal and Governance

We are looking for an astute, determined professional like you to fulfill a critical position within our Fund Legal and Governance Team. You will showcase your success through collaboration, ownership and innovation. Your expertise in emerging trends and practices will evoke stimulating discussions around optimization and change to help keep our competitive edge. This rewarding opportunity will enable you to make a big impact in our organization, so if this sounds exciting, then PGIM might be the place.

The Fund Legal and Governance team sits within Fund Operations The management span of the role assumes effective supervision of the work performed by external parties. You will monitor, guide and control external service provider(s) in compliance with a vendor governance program. Board positions on fund SPVs or other fund related legal entities will be offered. The role holder reports to the Head of Fund Legal and Governance, based in Luxembourg and responsibilities include:

• Act as the deputy of the head of the Fund Legal and Governance team, leading, developing and coaching the team and pitching in to solve complex or sensitive matters and act as a contact of escalation in day-to-day tasks.
• Support the Head of Fund Legal and Governance in leading or supporting various projects and broader initiatives within the firm.
• Direct report to several analysts, associates and managers.
• Responsibility for the effective oversight of several alternative investment funds from a legal administration and governance perspective.
• Communicating directly to the AIFM board and conducting officers, acting as an expert on legal administration and governance, and being able to make constructive proposals.
• Ensuring information submitted to the governing bodies of the managed funds/fund SPVs are both complete and neutral, and decisions taken are implemented.
• Collaborating efficiently and effectively with 3rd party service providers (including fund and corporate administrators, depositaries, banks and advisors) and in-house corporate secretarial function including managing the coordination of their activities with other stakeholders. Discussing, agreeing and approving master service agreements, fees schedules, operating memorandums.
• Based on an overall review of the fund administration activities, managing risks by identifying issues and taking  proactively appropriate actions.
• Communicating effectively with other members of the team, fund controllers, investors/clients, tax advisors, banks, auditors, law department and outside legal counsels. Collaboration with Fund Controlling, Asset Management, Portfolio Management and Transactions teams on legal and governance matters including support in acquisitions, dispositions, (re)financings and execution of business plans.
• Supporting the Global Investor Services function on managing investor on-boarding and investor transactions.
• Reviewing legal documents prepared by fund and corporate administrators and outside legal counsel e.g. board minutes, shareholders resolutions, agreements, loans, share transfer agreements, POA’s, resolutions to amend the articles of association; ensuring the completeness and accuracy thereof and processes involved in the execution thereof.
• Supervision of fund and SPV incorporations and liquidations, or changes to the domicile of entities.
• Arranging for the nomination/resignation of directors/managers and supervision of the registration and ongoing maintenance of registers of beneficial owners.
• Arranging for the opening of bank accounts and designation of bank authorities/signatory powers (or supervision thereof).
• Arranging for timely registrations at the Chamber of Commerce and other obligatory registrations and filings.
• Ensuring the timely publication of adopted annual accounts or other relevant matters.
• Maintaining contact with and consulting outside counsels whenever necessary on behalf of the firm or managed funds, as well as on behalf of (and in consultation with) investors/clients requesting services from outside counsels and to monitor progress thereof. Likewise for notarial matters.
• Maintaining corporate calendars, action plans and corporate fact sheets as necessary for control and continuity purposes.
• Complying with local policies and procedures, supporting the strong operating risk, governance and control framework in place to meet all regulatory and statutory obligations.
• Providing training, coaching and support to team members and participating in recruiting processes if needed.

• Strong academic background: relevant degree level required in law/legal studies or similar.
• At least eight years of relevant work experience (e.g. in a law firm, service provider or fund manager) with prior experience of managing a team as an advantage.
• Passionate about people and team-management.
• Good commercial and negotiation skills / ability to impart know how and encourage others to find solutions on their own.
• Ability to work in a fast-paced environment, with flexibility to adapt.
• Proactive hands on mentality / can-do attitude / inquisitive and self-motivated.
• Strong decision making skills and accuracy where needed and ability to put tasks, duties and challenges into the big picture.
• Highly organized, self-motivated with excellent personal time management and communication skills.
• Integrity and reliability, with a commitment to Diversity & Inclusion.
• Ability to anticipate and solve complex challenges or obstacles relevant to the role.
• Good interpersonal skills, team player, capability to interface professionally with various internal and external stakeholders.
• Ability to work on cross border structures and to collaborate with colleagues from offices in Germany, UK, France, Italy, Switzerland, U.S. and Asia.
• Fluent in English with clear and strong verbal and written communication skills required; French, German or Italian is an advantage.

• Experience in working in an international and multicultural environment / have a global mindset
• Knowledge of international direct and indirect tax regimes applying to funds and SPVs (including those of Luxembourg)

• Curious, ambitious mindset: join a dynamic company constantly seeking for new growth avenues and fostering an environment where all ideas are welcomed and encouraged.
• Offering Flexibility and individuality, our opportunities align with the unique needs of our work, clients, teams, and lives.
• We understand that every role has its distinct requirements, so our managers treat their team as individuals, finding the way that works best for them to perform at the top of their game.
• We're not just talking about family friendliness – the majority of our employees have families; we enable flexible working hours while maintaining an in-office culture at the centrally located workplace in the heart of Luxembourg which is accessible with buses or tram.
• Fair remuneration is important to us. You will receive an attractive, performance-oriented salary and pension scheme benefits.
• Work is not everything. We regularly organize informative office events, summer and year-end parties. In addition, we offer 30 days of vacation per year and non-working days on Christmas and New Year's Eve to switch off.
• We support you in all situations – together with partner companies as well as mental health first aiders, , we offer life coaching, child and emergency care and individual assistance in challenging life situations.
• We are aware of our responsibility. The real estate industry is responsible for a large part of the global CO2 emissions - PGIM has set itself ambitious goals to change something and you can make your contribution!