Steve Blondeau

Steve Blondeau

Accounting Desk Manager / Fund Accountant

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location of Steve BlondeauArlon, Walloon Region, Belgium

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  • Timeline

  • About me

    25+ years’ experience in Investment Funds with a focus on regulatory reporting, oversight & controls and project management.

  • Education

    • Institut Supérieur des Aumôniers du Travail, ISAT (devenu Haute École Économique et Technique)

      1991 - 1994
      Degree in Accounting and Business Administration Accounting and business management Distinction
  • Experience

    • Banque Internationale à Luxembourg (BIL)

      Apr 1995 - Apr 2000
      Accounting Desk Manager / Fund Accountant

      Management of a team of 18 fund accountants; planning and control of the team's tasks, transfer of technical knowledge in order to develop staff autonomy; development of the client portfolio and integration of new funds in response to client needs; management of products and events related to mutual funds; contribution to the team's training as part of the implementation of the Multifonds accounting software.

    • RBC Investor & Treasury Services

      May 2000 - Sept 2020

      Reporting to the Managing Director Client Operations Luxembourg & Continental Europe; management of the department for Belgium, France, Switzerland, Luxembourg, Ireland and Malaysia; reorganisation and rationalisation of the teams in Europe, definition of an operational model and transfer of regulatory reporting activities to the Malaysian production centre; management of a cross-functional project to improve the management of financial reporting at European level; implementation of a harmonised model for monitoring delegated activities; team productivity increased (30-50%). Show less Reporting to the Managing Director Trustee, Depositary and Fiduciary Services. Integration of the financial reporting teams from Ireland and Malaysia ; implementation of the UCITS KIID and other regulatory changes with impacts on financial and regulatory reporting (SFTR, Asset Inventory Reporting) ; management of activities migration to the production center in Malaysia; Implementation of procedures in the department: quarterly evaluation, definition of KPIs, action plan, etc.Result: 25% improvement in the quality of external service providers Show less Reporting to the Director Operational Risk Luxembourg, Switzerland, Belgium, France; analysis of operational risks and controls as part of the creation and implementation of the Risk Operations department; inventory of procedures in response to regulatory requirements, with more than 50% of procedures updated; definition of a control plan in close collaboration with the auditors, implementation of the SAS70 report for Luxembourg, then for Ireland; risk mapping for several departments of the bank. Show less

      • Director Financial & Regulatory Reporting

        Jan 2019 - Sept 2020
      • Associate Director Financial & Regulatory Reporting

        Apr 2011 - Dec 2018
      • Senior Manager Auditor Coordination

        Jun 2010 - Mar 2011
      • Senior Operational Risk Officer

        May 2000 - May 2010
    • FundRock

      Jun 2021 - May 2023

      Manage a team of professionals to accomplish established goals and conduct leadership duties for team (e.g. recruitment, performance evaluations, career development, objective setting)Assess risk, demonstrating consideration for the firm's reputation by driving compliance, adhering to Policy, applying sound ethical judgment and escalating, managing and reporting due diligence issues while supervising the activity of others Performance of the initial and annual due diligence on Alternative Investment Funds and UCITS Central Administrators, Transfer and Registrar Agents and Depositary Banks as part of our oversight dutiesReview of due diligence questionnaires as well as supporting documentationPerformance of onsite visitsActing as first point of contact for all stakeholders within this process and management of internal communication based on due diligence outcomes

      • Manager Governance Team

        May 2022 - May 2023
      • Governance Oversight Senior Officer

        Jun 2021 - Apr 2022
    • Citi

      May 2023 - now
      Funds Services Oversight Governance and Risk and Control Manager

      Responsible for monitoring and assessing the internal controls environment of the Luxembourg Operations and with the Offshore Service Providers servicing Luxembourg Clients.Evaluation of significant control events for area of responsibility.Review and coordination of client incident reporting, ensuring appropriate root cause an preventive action;Lead the monthly Risk and Control forum.

  • Licenses & Certifications

    • PRINCE2® Foundation Certification Training

      AXELOS Global Best Practice
      Mar 2021
    • The Process Communication Model Certification Seminar for Coaches

      Kahler Communication France
      Sept 2015