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.
Junior Accountant
Location: Malta
We are currently looking for a Junior Accountant in the Malta Finance Team.
The role in a dynamic team and growing business unit will encompass compliance advisory, monitoring and fulfilment of the CSSF requirements to meet the obligations set out in local regulations, circulars and laws as well as the relevant European Directives.
The European Depositary Bank is a provider of Banking, Depositary and Custody services within the Apex Group Ltd, a global financial services provider. In this international environment you will participate in all advantages and benefits of a collective bargaining agreement for bank employees. We support our employees, provide for a good work life balance, and apply a continuing learning policy.
Every employee plays a part in making our company who we are today and the more that we grow, the more important that becomes. However, your career path or specialism will look like we provide, together with Apex Group Ltd, a global fast-growing platform to allow you to thrive.
Job Specification:
Your main responsibilities will include the following:
- Oversee the accounts payable process from start to finish;
- Assist in accounting and closing entries;
- Assist in reconciling bank accounts;
- Assist in accounts receivable and billing process;
- Assist in periodic and regular reporting;
Skills Required:
- Pursuing an university (BA/MA) degree in Accounting (or equivalent);
- Nice to have: few months of relevant professional experience in Accounting, preferably in a fiduciary or Big 4 company;
- Knowledge/ willingness to learn IFRS and GAAP standards and reporting.
- A commitment to provide a high-quality service;
- Well organized and able to meet the deadlines in a fast-paced environment;
- Excellent inter-personal skills in dealing with both clients and colleagues;
- Good working knowledge of Microsoft Office, especially Excel;
- Very good level in English is mandatory (French or German is considered an asset);
What you will get in return:
- A genuinely unique opportunity to be part of an expanding large global business;
- Exposure to all aspects of the business, cross-jurisdiction and to working with senior management directly;
- Training and development opportunities;
- Multinational work environment with challenging tasks.
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.
Skills Required
- Pursuing a university BA or MA degree in Accounting or an equivalent discipline
- Knowledge of, or willingness to learn, IFRS and GAAP standards and reporting
- Commitment to providing high-quality service
- Strong organization and ability to meet deadlines in a fast-paced environment
- Excellent interpersonal skills with clients and colleagues
- Good working knowledge of Microsoft Office, especially Excel
- Very good English proficiency
- A few months of relevant accounting experience, preferably in a fiduciary or Big Four company
- French or German language skills
Apex Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Apex Group and has not been reviewed or approved by Apex Group.
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Flexible Benefits — Flexible benefits are positioned as being tailored by country, with localized packages and perks that can differ by jurisdiction. Mobility options such as the JUMP program add a non-cash element that can increase the perceived total rewards value for those who can access it.
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Wellbeing & Lifestyle Benefits — Wellbeing support is described as including EAPs, mental-health workshops, mentoring support, and local lifestyle perks like gym or cycle-to-work schemes. These offerings broaden the benefits mix beyond purely financial rewards.
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Retirement Support — Retirement support is described in at least one jurisdiction as including an employer match structure and an additional automatic contribution after tenure. This can strengthen the non-salary portion of total compensation where offered.
Apex Group Insights
What We Do
We are a single-source financial solutions provider dedicated to driving positive change while supporting the growth and ambitions of asset managers, allocators, financial institutions, and family offices around the world. Established in Bermuda in 2003, we have continually disrupted the industry through our investment in innovation and talent. Today, we set the pace in fund and asset servicing and stand out for our unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals. As a pioneering data and fintech-enabled company, we are a disruptor driving digital tools into fund and asset servicing. However, our vision to drive positive change extends beyond the industry. The Apex Foundation, a not-for-profit entity, is our passionate commitment to empower sustainable change
