Depositary Officer to Seb Luxembourg

SEB is a leading international financial services group with customer bases among both private individuals and organizations. We are recognized for our expertise and customer-centric approach, which we achieve by listening to our customers, committing to quality and trust, and encouraging an entrepreneurial mindset in everything we do.

The overall ambition for SEB in Luxembourg is to excel as SEB’s cross-border centre of excellence for private and institutional customers, while staying relevant in a continuously changing customer behaviour and regulatory environment. We strive to deliver world-class service by strengthening the customer experience, growing our international customer base, and transforming the way we operate to secure a profitable future business.

SEB Investor Services Luxembourg is the business unit responsible for the depositary function and the global custody product for institutional clients. Our client segment consists mainly of Luxembourg domiciled investment funds (UCITS and AIF) and some large corporates. Depositary Services & Oversight is focused on the oversight of our funds but is also in charge of other asset safekeeping and cash flow monitoring.

**About the role**

As Depository Officer, you will be part of a team of 8 people and will report to the Head of Depositary and Oversight Services.

Your main responsibilities in this role are the following
- Being responsible for the day-to-day tasks, ensuring timely and accurate delivery of all controls around safekeeping of other assets, cash flow monitoring and oversight.
- Ensuring compliance with our obligations, investigating issues, and raising concerns
- Following regulatory developments, sharing insights and supporting in implementing new rules and regulations in a robust, efficient, and audit-proof manner
- Creating and maintaining cultivate relationships with our clients and building a network with the aim of fostering collaboration locally and globally within SEB
- Participating in projects, proposing and driving efficiency and quality improvements
- Assisting with sales activities and the onboarding of new clients

**To thrive in this role, we believe you have**
- University degree in Business Administration, Mathematics, Accounting, or a related field
- At least 2 years of experience in the investment fund industry, consulting, or a university graduate with relevant internship experience
- A solid understanding of Luxembourg fund structures and their regulatory requirements or be eager to learn quickly
- Willingness to develop skills in stakeholder management, and communication.
- Approach work with a positive outlook, a can-do attitude, and a strong sense of ownership
- Work autonomously while fostering a collaborative team spirit
- Equally comfortable being hands-on and detailed or providing high-level oversight as needed
- Ability to challenge the status quo, possess the drive to create efficient, risk-controlled, and robust
- Fluency in English (both written and spoken), other languages are considered as an advantage

**What we offer**

We offer many experiences and benefits to our employees, and there is nuance to every individual’s career experience, but the elements that define the core of our offering are:

- International and entrepreneurial Scandinavian working environment
- Attractive compensation and benefits
- Friendly and welcoming culture
- Flat hierarchy and openness to share ideas, opinions and points of views
- Work-life balance
- Agile and modern ways of working
- Extensive training and learning opportunities.

In this role you will have the possibility to further develop our operational model locally and have an impact within the depositary service offering globally.

**Ready to join?