At a Glance
- Tasks: Oversee fund accounts, investigate cash movements, and ensure regulatory compliance.
- Company: Join BNY, a leader in financial services with a commitment to excellence.
- Benefits: Competitive pay, flexible resources, generous leave, and wellbeing programmes.
- Other info: Collaborative culture with opportunities for personal and professional growth.
- Why this job: Make a real impact in finance while developing your skills in a dynamic environment.
- Qualifications: Experience in financial services and knowledge of regulatory frameworks required.
The predicted salary is between 40000 - 50000 £ per year.
We’re seeking a future team member 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, 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.
- Support the oversight and execution of payment processes in line with regulatory requirements.
- Support change initiatives, including regulatory changes, new fund launches, onboardings and other fund changes.
- Deliver strong oversight of record keeping and ownership verification controls, ensuring accuracy and regulatory compliance.
To be successful in this role, we’re seeking the following:
- Experience in financial services industry.
- Knowledge of UCITS, AIFMD or similar regulatory frameworks.
- The ability to apply backlog prioritization to ensure KRI deliveries are achieved.
- Strong communication and collaboration skills, with the ability to work effectively with stakeholders at all levels of the organization.
- Strong sense of ownership, accountability and risk awareness.
- Ability to prioritize across multiple deadlines and manage a varied workload.
Benefits and Rewards: BNY offers highly competitive compensation, benefits, and wellbeing programmes rooted in a strong culture of excellence and our pay‑for‑performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, which can support you and your family through moments that matter.
Fund Oversight Specialist employer: 慨正橡扯
At BNY, we pride ourselves on being an exceptional employer, particularly for the Fund Oversight Specialist role in Edinburgh. Our strong culture of excellence is complemented by competitive compensation and comprehensive benefits, including generous paid leave and wellness programmes that support your personal and professional growth. We foster a collaborative work environment where employees are encouraged to build relationships across teams, driving continuous improvement and innovation while ensuring compliance and risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Fund Oversight Specialist
✨Tip Number 1
Network like a pro! Reach out to folks in the financial services industry, especially those who know about fund oversight. A casual chat can lead to insider info and maybe even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of UCITS and AIFMD regulations. We want you to show off your expertise and how it relates to the role of Fund Oversight Specialist.
✨Tip Number 3
Practice your communication skills! You’ll need to collaborate with various stakeholders, so being clear and confident in your discussions will set you apart from the crowd.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed and shows you’re serious about joining our team.
We think you need these skills to ace Fund Oversight Specialist
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Fund Oversight Specialist role. Highlight your experience in financial services and any knowledge of regulatory frameworks like UCITS or AIFMD. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our Trustee & Depositary team. Be sure to mention specific experiences that relate to cash oversight and NAV production.
Showcase Your Communication Skills:Strong communication is key in this role, so make sure to demonstrate your ability to collaborate with stakeholders. Whether it's through examples in your CV or your cover letter, we want to see how you can build effective relationships across teams.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. 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 Fund Oversight Specialist, you'll be dealing with cash movements and NAV production. Brush up on your financial metrics and be ready to discuss how you’ve handled similar tasks in the past. This shows you’re not just familiar with the concepts but can apply them practically.
✨Understand Regulatory Frameworks
Familiarise yourself with UCITS, AIFMD, and other relevant regulations. Be prepared to discuss how these frameworks impact fund oversight and share any experiences where you've navigated regulatory challenges. This will demonstrate your industry knowledge and readiness for the role.
✨Showcase Your Problem-Solving Skills
Expect questions about how you would handle exceptions or unusual activities in fund accounts. Prepare examples of past situations where you identified issues and implemented solutions. This will highlight your analytical skills and ability to maintain control over processes.
✨Build Relationships
Since the role involves collaborating with various teams, think of ways you’ve successfully built relationships in previous roles. Be ready to discuss how you communicate effectively with stakeholders and resolve conflicts. This will show that you can work well in a team-oriented environment.
