Professional in Depositary Services

Job Description
The Depositary Services team in Vilnius is part of the Custody & Loan Services department within Large Corporates & Institutions. We work closely with colleagues in Denmark, Finland, Norway and Sweden. Our team currently has five members, and we are looking for a sixth colleague to join us.

We help protect investors by analysing investment fund data and performing depositary controls to monitor compliance with regulatory requirements and fund rules. Alongside these controls, we investigate discrepancies and continuously improve our daily processes.

As part of Depositary Services, you will gain in-depth knowledge of financial instruments and investment funds, while contributing to the development of Danske Bank’s Depositary Services offering.

You’ll join a team where collaboration, curiosity and continuous development are part of everyday work.

Danske Bank supports workplace flexibility (we currently use a hybrid work model, where we work at least 3 days in the office).

What You Will Be Doing

• Monitor cash flows into and out of the funds’ accounts
• Verify that fund units are issued and redeemed in accordance with fund rules
• Perform controls to monitor compliance with relevant investment restrictions
• Perform collateral controls to check whether sufficient collateral is posted
• Perform management fee and dividend distribution controls
• Reconcile investment funds’ holdings and cash balances
• Work closely with colleagues across the Nordics to investigate control findings and resolve discrepancies
• Collaborate with colleagues and IT teams to develop and improve existing processes

About You

• At least 2 years of experience in financial markets and an interest in investment funds
• Proficiency in Microsoft Excel; (knowledge of VBA would be an advantage)
• Analytical mindset, strong problem-solving skills and a detail-oriented, organised and flexible approach to work
• Good communication skills and a proactive approach, with confidence to express your views and contribute ideas to team discussions
• Curiosity about new technologies and familiarity with AI tools, with an interest in using them to support daily work and process improvement
• A higher education degree in finance or a related field (would be an advantage)
• Experience with depositary controls, financial analysis and/or reporting (would be an advantage(would be an advantage)
• Upper-intermediate English proficiency, both written and spoken

What We Offer You
Monthly salary range
from 2200 EUR to 3300 EUR gross (based on your competencies relevant for the job).

Additionally, each Danske Bank employee receives employee benefits package which includes:

• Growth opportunities: professional & supportive team, e-learnings, numerous development programs; (incl. professional certificates); 100+ professions for internal mobility opportunities.
• Health & Well-being: a diverse, inclusive, work & life balance work environment; additional health insurance; mental well-being practices; partial psychologist counselling compensation; silence and sleep zones at the office; game rooms.
• Hybrid working conditions: Work from home up to two days a week; home office budget (after the probation period); modern Danske Campus workplace developed with anthropologist for the best employee experience.
• Additional days of leave: for rest, health, volunteering, exams in higher education institutions, and other important activities. Moreover, for seniority with Danske Bank.
• Monetary compensation package: accidents & critical diseases insurance; financial support in case of unfortunate events, travel insurance; IIIrd Pillar Pension Fund contribution.

See all the benefits
HERE
.
Your job function (position) in the job contract will be Markets Operations Management.

If you're interested in this role and joining my team, feel free to contact me -
Kristina Marčiukaitė
via
LinkedIn
, and I will answer your questions!

About Us
Danske Bank is a Nordic bank with bridges to the world around us. For 150 years, we have supported people and businesses in releasing their potential. A career with us is an opportunity to join a community of 22,000 colleagues in a culture where we are committed to Teaming Up, Owning It and Being Open. Together, we are on a journey to transform Danske Bank into a better bank. For our customers, our employees and the societies around us.