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Job advertisements for depositary officer in Luxembourg
Do you want to work as a Depositary officer in Luxembourg, in the Finance business sector? Consult the job offers available on our Moovijob’s website!
The depositary officer position is very well represented in Luxembourg. And this for a good reason: approximately 3,500 funds are currently being managed. This sector is dynamic and offers many professional opportunities in employment. There are indeed many different employers in Luxembourg for this job.
As a depositary bank officer – more commonly known as a depositary officer in Luxembourg – your job consists of recording and controlling flows – settlement and delivery – and securities’ changes within a depositary bank. Your job can be defined on three levels:
- Custody,
- Fund admin: when the middle-office services of portfolio management companies are outsourced to the depositary,
- Depositary control: you have the role of depositary supervisor regarding European directives – namely AIFMD UCITS V. Indeed, you must ensure that fund managers – namely asset manager insurance, banks, UCITS managers – are complying with these regulations.
This position is accessible thanks to a university degree in Banking, Finance, Law, Audit and Management Control. Recruiters are particularly attracted by candidates having between 2 and 4 years of professional experience. Regarding your career, this job will be a first step in your career – as it is a generalist job – and will allow you to be in communication with a wide range of professionals – in management, sales, back office, clients such as management companies, for instance.
At the same time, this type of job can also be included in a training course to develop middle and back-office operators, portfolio managers, fund accountants, and so on.
There are many job offers and recruitment projects in Luxembourg. To maximize your job search, do not hesitate to use the following keywords in the Moovijob search bar or in your application file: depositary, custody, oversight, AIF, transfer agent, compliance, and KYC/AML among others. We recommend you write your application – CV and cover letter – in English, which is the working language of most banks and financial companies in Luxembourg.