Senior Depositary Officer
Embankment
This is a chance to join a fintech scale-up with strong momentum and play a vital role in bridging regulatory oversight and digital innovation across Private Equity, Real Estate, Fund of Funds and more.
Accuracy is everything – if you agree with this you might be the right fit.
About The Role
As a Senior Depositary Officer, you’ll play a key role in the independent oversight of alternative investment funds. Working within a regulated control framework, you’ll help ensure the funds we look after are administered in line with their regulatory and contractual obligations by monitoring compliance with applicable regulations and investment mandates, verifying ownership of fund assets, overseeing the calculation of fund value (NAV), and monitoring cash flows across your assigned funds.
Beyond the controls, you’ll build and maintain strong client relationships taking real ownership of a portfolio of funds, understanding each client’s business, and acting as a trusted point of contact on service and delivery. You’ll typically take on our more complex clients and structures and act as a trusted expert your colleagues can turn to. You’ll report to the local Head of Depositary, Denmark, and work closely with colleagues across our Nordic and Luxembourg offices.
What You’ll Do
- Take ownership of the independent oversight of a portfolio of clients and funds
- Perform the core depositary controls: cash flow monitoring, ownership verification/safekeeping and oversight duties including independent verification of Net Asset Value (NAV) calculations and methodologies
- Monitor compliance with investment restrictions, fund rules and regulatory requirements
- Lead the response to incidents and breaches, and drive root-cause remediation and lasting improvement
- Support your clients across the fund lifecycle, from onboarding onwards to build strong client relationships
- Stay ahead of regulatory change and help shape how we respond to it
- Contribute to the development of our governance and control environment
We’re looking for a professional with experience from the fund industry (typically 3–6 years’ experience) who values accuracy, enjoys solving complex problems, and takes real ownership of their work. Experience from depositary services or fund services would be an advantage.
You Should
- Have a relevant academic degree in law, economics, finance or a related field
- Have relevant experience in depositary services, fund oversight or fund administration from the fund industry
- Have solid knowledge of regulation relevant to the service, such as AIFMD, MiFID etc.
- Have strong attention to detail and the ability to analyse complex data
- Communicate clearly and work confidently across teams and stakeholders
- Be curious about how automation and AI can strengthen depositary controls and want to actively shape that development
- Take a proactive, hands-on approach and enjoy taking ownership of your work
- Have experience across both liquid and illiquid funds - spanning listed, liquid assets and private, illiquid strategies such as private equity, private credit and real assets
- Have experience with complex fund structures, or acting as a technical point of reference for colleagues
- The opportunity to take ownership of your own clients
- A flat, agile organisation where your voice and ideas matter
- Exposure to a broad range of alternative asset classes and fund structures - liquid and illiquid
- A front-row seat to how AI and automation are reshaping depositary oversight, with real influence on the tools you’ll use every day
- Room to grow with a company on a steep growth path across the Nordics and Luxembourg
Accuracy is everything. Embankment delivers tech-powered fund services to Europe’s alternative fund managers, combining deep financial expertise with modern technology to turn complexity into clarity. We’re raising the bar in fund services - pairing specialist judgement with technology that takes care of the manual, repetitive work. Backed by leading investors and trusted by 250+ funds across Europe, we’re 70+ employees across Copenhagen, Aarhus, Stockholm, Oslo and Luxembourg - and growing.
Ready to shape the future of fund oversight?
Submit your CV and application by 25th of August 2026.
We review applications on a rolling basis.
Contact person: Head of Depositary Framework & Digital Solutions, Amalie Christine Harsting Jæger