Depositary Manager | SEB, Luxembourg
SEB is a leading international financial services group, working with private individuals, institutions and organisations. We combine financial expertise with a strong customer focus, a high level of trust and an entrepreneurial mindset that encourages people to take initiative and make a difference.
Investor Services Luxembourg is responsible for SEB’s depositary function and global custody product for institutional clients, mainly Luxembourg domiciled investment funds such as UCITS and AIFs, as well as selected large corporates. In Depositary Services & Oversight, we work close to the funds, the clients and the wider organisation, combining regulatory oversight with practical problem-solving across safekeeping, cash flow monitoring and fund oversight.
As Depositary Manager, you will join a team of 8 people and report to the Head of Depositary and Oversight Services. This is a role for someone who enjoys combining fund oversight, client interaction and process improvement, and who likes turning regulatory requirements into practical, well-functioning ways of working.
What you’ll get to do:
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Take ownership of day-to-day depositary controls and help ensure they are meaningful, timely and well documented
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Work closely with clients and colleagues across Luxembourg and the wider SEB network
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Support new client onboarding and contribute to commercial discussions
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Join projects where you can improve quality, efficiency and ways of working
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Follow regulatory developments and help translate them into practical, robust processes
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A degree in Finance, Business Administration, Accounting or a related field
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Experience in the investment fund industry, ideally in depositary, or relevant internship experience if you are at the beginning of your career
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An understanding of Luxembourg fund structures and regulatory requirements, or a strong willingness to learn quickly
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Curiosity to develop your stakeholder management and communication skills
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A positive, can-do mindset and a strong sense of ownership
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The ability to work independently while contributing to a supportive team spirit
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Comfort with both detailed, hands-on work and broader oversight when needed
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An interest in improving how things are done and building efficient, risk-controlled processes
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Fluency in English, both written and spoken; other languages are a plus
At SEB, you will be part of an international environment where people are encouraged to learn, share ideas and grow. While every career journey is different, these are some of the things you can expect:
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An international, entrepreneurial Scandinavian working environment
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Training and learning opportunities to support your development
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Attractive compensation and benefits
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A friendly and welcoming culture where people support each other
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A flat hierarchy where ideas, opinions and perspectives are welcome
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A healthy work-life balance
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Modern ways of working with room to contribute and improve
If this sounds like the right opportunity for you, please send your application, including a cover letter and CV in English, as soon as possible and no later than 9 August 2026.
During this period, our recruitment team will be reviewing applications periodically. We appreciate your patience, as it may take longer than usual for us to provide an update on your application.
Please be informed that selected candidates 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.