At a Glance
- Tasks: Oversee cash movements, investigate discrepancies, and ensure accurate NAV production.
- Company: BNY, a leading global financial services company with a culture of innovation.
- Benefits: Competitive salary, growth opportunities, and a collaborative work environment.
- Other info: Dynamic role with opportunities for professional development in Edinburgh.
- Why this job: Join a team that drives transformative solutions in the finance industry.
- Qualifications: Strong analytical skills and attention to detail required.
The predicted salary is between 40000 - 50000 £ per year.
At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting‑edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
We’re seeking a future team member for the role of Specialist II to join our Trustee & Depositary team. This role is located in Edinburgh.
In this role, you’ll make an impact in the following ways:
- Perform daily oversight of cash movements and balances across fund accounts, investigating exceptions and unusual activity.
- Oversee cash reconciliation processes across multiple accounts and fund structures, maintaining control over outstanding breaks, aged items, and overdrafts and supporting root‑cause analysis.
- Review NAV production outputs to ensure accuracy, completeness, and timeliness; challenge pricing issues, unusual movements, and material valuation variances.
- Investigate NAV breaks and coordinate with operational teams to ensure timely resolution and appropriate documentation.
- Monitor investment and borrowing restrictions in line with regulatory requirements, prospectus limits, and internal procedures; review and classify breaches and ensure timely escalation.
- Partner with other BNY teams to deliver daily, weekly, and monthly oversight activities and consistent service delivery.
- Identify and implement process improvements to strengthen controls, improve efficiency, and reduce risk.
- Escalate material issues, control breaches, and potential suspicious activity promptly and in line with governance and reporting requirements.
- Build effective relationships with stakeholders across locations and functions to support issue resolution, knowledge sharing, and continuous improvement.
Specialist, Trustee & Depositary II in Edinburgh employer: 慨正橡扯
At BNY, we pride ourselves on fostering a dynamic work culture that champions innovation and employee development. Located in the vibrant city of Edinburgh, our team enjoys a collaborative environment where cutting-edge technology meets exceptional talent, providing ample opportunities for personal and professional growth. Join us to be part of a global leader in financial services, where your contributions will help shape the future of finance and make a meaningful impact on communities worldwide.
StudySmarter Expert Advice🤫
We think this is how you could land Specialist, Trustee & Depositary II in Edinburgh
✨Tip Number 1
Network like a pro! Reach out to current or former employees at BNY through LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by researching BNY's culture and values. Think about how your skills align with their mission of driving transformative solutions. Show them you’re not just another candidate, but someone who truly gets what #LifeAtBNY is all about.
✨Tip Number 3
Practice common interview questions, especially those related to cash management and oversight. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your problem-solving skills.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace Specialist, Trustee & Depositary II in Edinburgh
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Specialist II role. Highlight relevant experience and skills that align with the job description, especially around cash movements, NAV production, and process improvements. We want to see how you can make an impact!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about the role and how your background makes you a perfect fit for our Trustee & Depositary team. Be genuine and let your personality come through.
Showcase Your Problem-Solving Skills:In your application, don’t forget to mention specific examples where you've identified issues and implemented solutions. We love candidates who can think critically and improve processes, so share those success stories!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at 慨正橡扯
✨Know Your Numbers
As a Specialist II, you'll be dealing with cash movements and NAV production. Brush up on your financial terminology and be ready to discuss how you’ve handled similar tasks in the past. Show them you understand the importance of accuracy and timeliness in financial reporting.
✨Demonstrate Problem-Solving Skills
Expect questions about how you've tackled unusual activity or exceptions in previous roles. Prepare specific examples that highlight your analytical skills and ability to investigate and resolve issues effectively. This will show your potential employer that you can handle the challenges of the role.
✨Familiarise Yourself with Regulations
Since the role involves monitoring investment restrictions and regulatory compliance, make sure you’re up to date with relevant regulations. Be prepared to discuss how you’ve ensured compliance in past positions, as this will demonstrate your understanding of the industry standards BNY expects.
✨Build Rapport with Stakeholders
The job requires collaboration with various teams. Think of examples where you successfully built relationships to resolve issues or improve processes. Highlighting your interpersonal skills will show that you can work well within BNY’s collaborative culture.
