Depositary Manager | 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.

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 Manager, 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
• Creating relationships with our clients and building a network with the aim of fostering collaboration locally and globally within SEB
• Assisting with sales activities and the onboarding of new clients
• Participating in projects, proposing and driving efficiency and quality improvements
• Monitoring regulatory developments and supporting the implementation of new rules and regulations in a robust, efficient, and audit-proof manner.
  
  

To thrive in this role, we believe you have:

• University degree in Finance, Business Administration, Accounting, or a related field
• At least 3 years of experience in the investment fund industry, preferably within Depositary 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 effective communication
• Approach work with a positive outlook, a can-do attitude, and a strong sense of ownership
• Work independently while fostering a collaborative team spirit. This role does not involve direct people management
• Equally comfortable being hands-on and detailed or providing high-level oversight as needed
• Challenge the status quo, drive the creation of efficient, risk-controlled, and robust processes
• Fluency in English (both written and spoken), proficiency in other languages is considered 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
• Extensive training and learning opportunities.
• 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
  
  

Ready to join?

If you think that you could be the right candidate for this role, please send your application with a Cover Letter and CV in English as soon as possible, but at the latest by 26 April 2026.

Please be also informed that the candidate selected for this role will need to provide their Criminal Record Certificate and a name screening against sanctions list will be performed as a part of the background check process.