Specialist - Custody Oversight & Reporting

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.

Custody Billing Accountant

Location: Malta

We are currently looking for a Custody Billing Accountant in the Malta Custody Operations Team.

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:

• Assist in accounting and closing entries;

• Assist in reconciling of charged fees from sub-custodians;

• Assist in fee calculations and Custody billing process;

• Assist in periodic and regular reporting;

Skills Required:

• Pursuing an relevant apprenticeship or university (BA/MA) degree in Banking, Accounting (or equivalent);

• Relevant professional experience in Accounting, Banking or Custody

• Knowledge/willingness to learn SAP and calculation 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.