Internship Trustee and Depositary Bank Controller - M/W

Société Générale Securities Services (SGSS), the Securities business line of Société Générale Group, is one of the main Administration and Custody actors for mutual funds in Luxembourg. We offer a complete range of services for institutional clients: liquidity management, compensation, depositary and conservation services, funds administration and asset servicing, transfer agent and issuer services.

Tasks and responsibilities:

In order to strengthen the Depositary Bank Control team of our SGSS, we are looking for an experienced Trustee and Depositary Bank Controller.

Within the supervisory team of the Depositary Bank, you will assist the team to monitor and protect fund assets. In particular you will:

• Ensure that the Depositary Bank duties allocated to you are performed in accordance with all relevant regulatory directives

• Perform relevant checks relating to asset and cash flow monitoring and follow up on any exceptions identified. In particular

• Support the reconciliation of fund cash and assets between the depositary and third parties

• Review fund cash flows

• Review securities pricing discrepancies

• Review fund valuations and NAV price movements

• Liaise with the fund administrator and/ or the management company on cash or asset-related issues

• Perform or support relevant checks relating to the oversight function of the branch, e.g. review of fund administration processes, transfer agency processes, investment restriction monitoring

• Assist the department in the review and implementation of new regulations and directives

• Perform investment compliance reviews of funds

• Develop and improve investment compliance policies and procedures

• Ensure that all fund activities and policies are all times compliant with CSSF regulations

• Complete all necessary regulatory reporting associated with fund investment compliance

Operational & behavioral skills:

• A Bachelor/ Master degree in Finance / Business administration (or working towards such a qualification)

• Excellent knowledge of depositary bank, fund administrator and transfer agency activities

• Have a sound knowledge of the Luxembourg investment fund’s environment from a compliance and legal perspective, especially in terms of investment techniques and instruments

• Ability to work independently and excellent analytical skills

• Structured and solution oriented working methodology

• Dedication and team spirit

• High level of commitment and interest to work in a dynamic and demanding environment

• Good communication skills

• Liaise with clients, lawyers and regulators on compliance and regulatory issues

• Available for a 6-month mission

Languages:

• Advanced English and French language skills

Your internship:

• Agreed course

• Full-time internship (no alternance possible)

• Duration:  12 months

• Internship start date: November 2025

Société Générale Luxembourg is a multi-category bank offering every employee the possibility to have several careers in a professional career path. Internal mobility and training are two core areas we focus on, in a dynamic, prosperous and evolving context.

Our Recruitment process:

The short-listed candidates will be invited to perform a reasoning test, a personality questionnaire and to one or more face to face interviews in order to discuss about their experience, skills and values. In order to finalize the recruitment process, the selected candidate will have to present a certain number of supporting documents before his integration (copy of diplomas, proof of previous jobs, and possibly an extract of the criminal record (bulletin n ° 3 for the Grand Duchy of Luxembourg).

We offer our employees a working environment adapted to the evolution of the business lines; this translates in two key words: remote working & agility (depending on the department).

“Building together, with our clients, a better and sustainable future through responsible and innovative financial solutions”.
Our CSR strategy is at the heart of our DNA and the Group wishes to position itself as one of the key players in the fight against climate change by supporting customers in their energy transition. In Luxembourg, our international environment offers us tremendous diversity within our teams, for which we guarantee equal opportunities.
Our open-innovation lab #Leplateaulux, in connection with the Luxembourg innovation ecosystem, allows our employees to benefit from proximity with external start-ups and internal project developers.

Société Générale Securities Services (SGSS), the Securities business line of Société Générale Group, is one of the main Administration and Custody actors for mutual funds in Luxembourg. We offer a complete range of services for institutional clients: liquidity management, compensation, depositary and conservation services, funds administration and asset servicing, transfer agent and issuer services.