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.
European Depositary Bank, part of the APEX Group, is currently looking for a
PCO Officer / Outsourcing Officer role.
In your first few weeks and months in this
PCO Officer / Outsourcing Officer role, you can expect to:
- Supporting the Outsourcing Manager of the bank by fulfilling the function of the outsourcing office
- Providing support, advice and trainings to the outsourcing responsible persons within the various departments, both locally for Luxembourg but also for our international branches
- Maintaining the general Outsourcing Register
- Initiating and surveying the annual review process of existing outsourcings
- Preparing outsourcing committee meeting and ensuring the corresponding implementations and follow-up actions
- Keeping yourself up-to-date with regards to the latest regulatory requirements (EBA, CSSF, etc.) and updating and maintaining of the organizational handbook accordingly
To apply for this
PCO Officer / Outsourcing Officer role, you will need a degree in Business Studies or a comparable qualification. You will also require the following:
- Min. 3 years of relevant working experience
- Knowledge of existing processes within a bank
- Knowledge of regulatory requirements with regards to outsourcing, organizational handbooks, complaints management, etc.
- Strong analytical and decision- making skills as well as a structured way of working
- Ability work successfully both autonomously and within teams
- Ability to set priorities, be flexible and highly accurate
- Fluent communication skills in German and English, French 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
PCO Officer / Outsourcing Officer 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.