Senior Fund Operations Specialist
Embankment
If you want to know more about the job
you can contact:
Klaus Markholt-Hansen
klaus@markholt-partners.com
Malene Friis Bentzen
malene@markholt-partners.com
Senior Fund Operations Specialist
On behalf of Embankment, we are seeking an experienced Senior Fund Operations Specialist to be one of the first in their growing team in Stockholm. You will take the lead on the service delivery to their Swedish clients in close collaboration with the Copenhagen office. This is a unique opportunity to shape the future of Embankment’s Swedish operations and have a direct impact on the way they serve their clients on the Swedish market.
About Embankment
Embankment is a cutting-edge asset servicing company based in Scandinavia, specializing in fund administration, and depositary services for alternative investment funds and managers. With a global outlook, Embankment aims to transform the administrative burden faced by fund managers into streamlined, value-driven operations. By leveraging a cloud-based technology platform, Embankment delivers a full suite of connected, automated, and efficient services, empowering clients to focus on core investment activities while ensuring administrative tasks are handled seamlessly.
Free from legacy systems, Embankment combines domain expertise with best-of-breed solutions to offer a next-generation service experience tailored to the needs of alternative investment managers. The platform supports a diverse range of asset classes, including private equity, venture capital, real estate, infrastructure, and renewable energy, enabling fund managers to optimize their operations and enhance investor satisfaction.
The position
As the first Senior Fund Operations Specialist in Stockholm, you will be at the forefront of Embankment’s entry into the Swedish market, driving their expansion and presence in the region. Your primary focus will be on delivering high-quality fund administration and accounting services tailored to Swedish clients, ensuring precise bookkeeping and comprehensive fund management. You will collaborate closely with the Copenhagen office to adapt processes and ways of working for the Swedish market while aligning with local requirements. Your role will involve taking ownership of client onboarding, maintaining strong client relationships, and ensuring that services meet the highest standards of accuracy and efficiency.
In addition to fund administration, you willl be the go-to person for coordinating with central functions on critical tasks, such as regulatory reporting and compliance. This role also involves supporting the Nordic sales team and playing a key role in shaping Embankment's presence in Sweden.
You willl manage a growing client portfolio in a scale-up environment, with the team expected to expand to three employees by mid-2025. The role will involve handling a range of ad hoc responsibilities as Embankment continue to evolve and refine their services in a dynamic market.
Your responsibilities include:
- Admin (accounting, drawdowns, distributions, reporting) on client funds
- Accounting on clients’ management companies
- Day-to-day client contact
- Coordination witht the Copenhagen office (e.g. in relation to reporting to authorities)
- Support the sales function
- Take on ad hoc tasks to enhance efficiency and ensure seamless operations
Your place of work will be located in Stockholm, Sweden. You will report to the COO.
Your profile
We are seeking a candidate with a strong academic background in accounting, audit, or a related field. You have a minimum of 5 years of experience in accounting, auditing, or consultancy, including in VAT, payroll, and tax. While prior experience in fund administration is beneficial, it is not a requirement—what matters most is a solid understanding of accounting fundamentals and the ability to manage operational entities.
The ideal candidate is a proactive, detail-oriented professional who can balance independent work with teamwork. You should be comfortable leading client dialogues, have a knack for adapting processes to new markets, and possess a strong analytical mindset. Being tech-savvy and innovative is crucial – and a passion for making a tangible impact and for contributing to a high-growth scale-up environment is key.
Joining Embankment offers a unique opportunity to be part of a cutting-edge company, recently backed by a fresh round of capital, with ambitious plans to continue expanding in the European region.
