European Depositary Bank SA ("EDB") is part of the Apex Group. As an independent provider free from institutional influences we can deliver an agile and responsive cross-jurisdictional service in an ever-changing regulatory environment.
Our powerful global infrastructure and breadth of technical experience enables us to provide market leading solutions tailored to benefit our clients.
Our vision is to be the leading provider of Banking, Depositary and Custody services to Asset Managers, Family Offices, Institutional Investors and Corporates.
Our company was founded in 1973 in Luxembourg. As a wholly owned subsidiary of Hamburg-based private bank M.M.Warburg & CO (AG & CO) KGaA, we made it possible for institutional investors to directly access the Luxembourg financial market. This makes us one of the most experienced depositaries for traditional and alternative investment structures in the Grand Duchy. In 2017 the bank was acquired by the Apex Group and renamed to the European Depositary Bank (EDB) in 2019.
We currently hold fund and securitisation structures with a total value of $260 billion. This is mainly allocated to alternative investments, including real estate, private equity, private debt and renewable energies & infrastructure (as of March 31, 2024).
For the avoidance of doubt we do not deal with retail clients. We neither offer any securities (bonds, shares, notes etc.) nor do we act on behalf of any other financial institution to offer such securities to any clients.
In your first few weeks and months in this
Custody Operations Senior Manager role, you can expect to :
- Support the Head of the Custody Operations department as part of the custody Operations management team
- Lead and support the custody team with custody operational processes and client service delivery
- Support the Enhancement of operational capabilities, implementation of regulatory requirements and deliver strategic migration Projects and technology developments
- Personnel and technical management of the group
- Employee development through personnel training and development
- Ensuring smooth business operations
- Responsibility for ensuring the day to day business of the group
- Optimization of workflows in coordination with the Head of Department
- Acting as a contact partner for escalation
- Performing on site visits on sub custodians
To apply for this
Custody Operations Senior Manager role, you will need a degree in Business Studies or a comparable qualification. You will also require the following:
- Banking apprenticeship or Bachelor degree in a relevant field (economics, business administration, finance, etc.)
- Professional experience in a similar field is essential
- Strong understanding of economic relationships and the processes of a bank
- Strong analytical and decision – making skills as well as a structured way of working
- Ability work successfully both autonomously and within teams
- Profound knowledge of Clearstream / CitiDirect advantageous
- Experience in project work advantageous
- Ability to set priorities, be flexible and highly accurate
- Knowledge of MS Office products(in particular Excel), further system knowledge e.g. IBSY, etc. would be an asset
- Excellent communication skills – both written and verbally – in English, German and any other European language advantageous
If you’re looking to make a positive impact and create change, possessing an inclusive and committed approach, you'll be rewarded with an excellent salary and benefits package. As a truly global business, we tailor benefits to each location to safeguard our people and respect local cultures and ways of working. Our people are our greatest asset, and we invest in talent development. Join our global network, and you will benefit from education support, sponsorship and in-house training programs.
Don't hesitate to please get in touch with our Apex Group's team today to apply and register your interest for this full-time
Custody Operations Senior Manager position in Luxembourg. We're looking forward to meeting you.
As a vital team member and in return for your expertise, inclusive approach and commitment, we'll provide a favourable salary and the chance to join a passionate and welcoming team. Benefits As a truly global business, we tailor benefits to each location to safeguard our people and respect local cultures and ways of working. Our people are our greatest asset, and we invest in talent development. Join our global network, and you will benefit from education support, sponsorship and in-house training programs.