Senior Specialist

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 (EDB) is seeking an experienced Senior Specialist to join our Custody Operations team in Luxembourg. This role is part of our strategic commitment to strengthening EDB's custody and depositary expertise in Luxembourg, the bank's core operational hub. Your Responsibilities Booking and validation of securities transactions (DVP/FOP) Booking and validation of derivatives and Prime Broker trades Processing Corporate Actions, Income Events and Proxy Voting requests Management of cash collateral for derivative transactions Monitoring and resolution of open trades with sub-custodians, counterparties and clients Processing fund and private client migrations Handling complex client inquiries and complaints Producing and reviewing control, reconciliation and client reports Processing physical certificates and confirmation matching activities Executing daily operational controls and checklists Acting as escalation point for operational issues Leading or supporting complex projects and process improvement initiatives Driving operational change and contributing to process enhancements What We Are Looking For 3-5 years of experience in Custody, Securities Operations, Asset Servicing or Banking Operations Strong knowledge of securities settlement, derivatives processing, corporate actions and reconciliation controls Experience interacting with sub-custodians, counterparties and institutional clients Strong analytical, problem-solving and stakeholder management skills Ability to manage complex operational matters independently Project management and process improvement experience is an advantage Why Join EDB? Based in Munsbach, Luxembourg , you will join an established custody knowledge center supporting one of Luxembourg's leading depositary and custody banks. The role offers exposure to complex securities and derivatives operations, interaction with international market participants and opportunities to contribute to the ongoing growth and development of EDB's Custody function. Please note that a background check will be conducted as part of the hiring process once a job offer has been made. In accordance with the provisions of the Luxembourg law of 23 July 2016 amending the law of 29 March 2013, candidates may be required to provide an extract from their criminal record. This document, issued by the authorities, must not be older than three months. Such a document will be requested with the aim of carrying out a character check on candidates, bearing in mind the area of activity of our establishment and, more particularly, the tasks described in the job description. 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. Disclaimer : Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.