At a Glance
- Tasks: Review and guide on scheme documentation, ensuring compliance and protecting investor interests.
- Company: Join BNY, a leading global financial services company driving innovation in finance.
- Benefits: Competitive pay, flexible resources, generous leave, and wellbeing programs.
- Other info: Dynamic work environment with opportunities for personal and professional growth.
- Why this job: Make a real impact in the finance industry with cutting-edge technology and a collaborative team.
- Qualifications: In-depth knowledge of investment funds regulations and strong analytical skills required.
The predicted salary is between 55000 - 65000 £ 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. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.
We’re seeking a future team member for the role of Senior Specialist, Regulatory & Technical Support to join our UK Trustee & Depositary Services team. This role is located in Edinburgh.
In this role, you’ll make an impact in the following ways:
- Review of, and provision of guidance on, all applicable scheme documentation (including prospectuses; instruments of incorporation; trust deeds; FCA applications; schemes of arrangement; investor circulars; and risk management policies), in each case from a depositary and fiduciary perspective, with a view to ensuring compliance with all applicable regulations; protection of investor interests; and adherence to evolving regulator expectations;
- Providing high quality interpretation to fund manager clients, the depositary business, and the wider organisation in respect of regulatory and compliance matters relating to the interpretation of relevant regulations; and their application to technical aspects of collective investment fund operations;
- Collation and submission of regular regulatory reporting;
- Assist the regulatory and technical team with analysis of regulatory change;
- Perform Issues/Embeddedness Testing reviews; assess remediation control design and operating effectiveness, document results, and drive follow‑up actions to closure;
- Support review of trend analysis on issues, developing additional action plans as necessary.
To be successful in this role, we’re seeking the following:
- In-depth knowledge of the collective investment funds industry and the rules and regulations pertaining thereto (particularly as they relate to open-ended investment companies (OEICs); authorised unit trusts (AUTs); and authorised contractual schemes (ACS), in each case structured as UCITS; non‑UCITS retail schemes (NURS); qualified investor schemes (QIS) and Long‑Term Asset Funds (LTAF);
- In-depth familiarity with authorised fund scheme documentation and the FCA authorisations process;
- Strong risk awareness with a deep understanding of control frameworks, testing methodologies, and remediation life cycles;
- Strong communication and collaboration skills, with the ability to work effectively with stakeholders at all levels of the organization;
- Strong analytical skills and high attention to detail, sense of ownership, accountability, and risk awareness;
- Ability to prioritize across multiple deadlines and manage a varied workload.
Our Benefits and Rewards: BNY offers highly competitive compensation, benefits, and wellbeing programs 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, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
Senior Specialist, Regulatory & Technical Support, UK Trustee & Depositary employer: 慨正橡扯
At BNY, we pride ourselves on fostering a culture of innovation and collaboration, making us an exceptional employer for those seeking to make a meaningful impact in the financial services sector. Located in Edinburgh, our team enjoys access to competitive compensation, comprehensive benefits, and a strong focus on employee wellbeing and growth opportunities. Join us to be part of a forward-thinking organisation that values diversity and empowers its employees to thrive in their careers while contributing to transformative solutions in the global financial landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Specialist, Regulatory & Technical Support, UK Trustee & Depositary
✨Tip Number 1
Network like a pro! Reach out to current or former employees at BNY on 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 diving deep into BNY's recent projects and initiatives. Show them you’re not just another candidate; you’re genuinely interested in how they’re shaping the future of finance.
✨Tip Number 3
Practice your responses to common interview questions, especially those related to regulatory compliance and risk management. We want you to sound confident and knowledgeable about the industry!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team.
We think you need these skills to ace Senior Specialist, Regulatory & Technical Support, UK Trustee & Depositary
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Senior Specialist role. Highlight your experience with collective investment funds and regulatory compliance, as this will show us you understand what we're looking for.
Showcase Your Skills:Don’t just list your skills; give us examples of how you've used them in previous roles. Whether it's your analytical prowess or your communication skills, we want to see how you’ve made an impact in your past positions.
Be Clear and Concise:When writing your application, keep it straightforward. Use clear language and avoid jargon unless it’s relevant to the role. We appreciate a well-structured application that gets straight to the point!
Apply Through Our Website:We encourage you to apply directly through our website. This way, you’ll ensure your application reaches us quickly and efficiently, and you can easily track its progress. Plus, it’s super easy to do!
How to prepare for a job interview at 慨正橡扯
✨Know Your Regulations
Make sure you brush up on the rules and regulations surrounding collective investment funds, especially those related to OEICs, AUTs, and ACS. Being able to discuss these in detail will show your depth of knowledge and commitment to compliance.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical skills by discussing past experiences where you've assessed control frameworks or conducted remediation testing. Use specific examples to illustrate how you approached challenges and what the outcomes were.
✨Communicate Effectively
Practice articulating complex regulatory concepts in a clear and concise manner. This role requires strong communication skills, so be ready to explain how you would convey technical information to stakeholders at various levels.
✨Prioritise and Manage Your Workload
Think about how you manage multiple deadlines and varied workloads. Be prepared to share strategies you've used in the past to prioritise tasks effectively, ensuring that you can meet the demands of this fast-paced environment.
