At a Glance
- Tasks: Lead a dynamic team in managing funds and ensuring compliance with regulatory standards.
- Company: Join BNY, a global leader in financial services with a culture of innovation.
- Benefits: Enjoy competitive pay, flexible resources, generous leave, and wellness programmes.
- Other info: Be part of a diverse team driving transformative solutions in the financial industry.
- Why this job: Make a real impact in finance while developing your leadership skills.
- Qualifications: Extensive experience in Trustee and Depositary roles with strong people management skills.
The predicted salary is between 80000 - 100000 £ 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.
We’re seeking a future team member for the role of ‘Vice President, Trustee & Depositary Manager I’ to join our UK Trustee & Depositary team. This role is located in Edinburgh.
In this role, you’ll make an impact in the following ways:
- Completion and implementation of internal monitoring for all Funds, ensuring that work is completed in accordance with the departmental procedures and to the required regulatory standards.
- Conduct regular service reviews, quality assurance assessments of offshore team, ensuring service delivery meets agreed SLAs and KPIs.
- Maintain up-to-date procedures and documentation in line with regulatory expectations.
- Plan, manage and develop team members, by formatting training and development plans, using coaching skills where necessary. Set objectives or Key Areas of Responsibility. Appraise performance against objectives.
- Act as focus for all internal and external compliance/audit inspections involving issues relating to pricing, investments, audit production, report and accounts, distributions and administrative activities.
- Responsible for ensuring that all high risk and complex administrative tasks, requiring depth of experience, are handled correctly and efficiently.
- Drive forward operational efficiencies and streamline Unit Trust/OEIC administrative processes to increase cost savings and to increase quality and quantity of output.
- Promote a strong risk-aware and control focused culture within the team.
- Provide support to the wider UK Trustee & Depositary teams as required.
To be successful in this role, we’re seeking the following:
- Extensive experience within Trustee and Depositary, Fund Administration or Asset Servicing.
- In-depth knowledge of FCA, CASS UCITS and AIFMD regulatory requirements.
- Proven people management experience within an operational or oversight environment.
- Excellent stakeholder management and communication skills.
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.
Vice President, Trustee & Depositary in Edinburgh employer: BNY Mellon
At BNY, we pride ourselves on fostering a culture of innovation and collaboration that empowers our employees to thrive. Located in the vibrant city of Edinburgh, our team enjoys access to competitive compensation, comprehensive benefits, and ample opportunities for professional growth, all while contributing to transformative financial solutions that impact communities globally. Join us at BNY, where your contributions are valued, and together we can shape the future of finance.
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, Trustee & Depositary in Edinburgh
✨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 researching BNY’s recent projects and innovations. Show us that you’re not just interested in the role but also in how you can contribute to their mission of redefining finance.
✨Tip Number 3
Practice your answers to common interview questions, especially around compliance and risk management. We want to see that you can articulate your experience clearly and confidently.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows us that you’re genuinely interested in joining the team.
We think you need these skills to ace Vice President, Trustee & Depositary in Edinburgh
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Vice President, Trustee & Depositary role. Highlight your experience in Trustee and Depositary, Fund Administration, or Asset Servicing, and show how it aligns with what we’re looking for at BNY.
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples from your past roles that showcase your people management experience and stakeholder communication skills. We want to see how you’ve made an impact in previous positions.
Be Clear and Concise:Keep your application clear and to the point. Use straightforward language and avoid jargon unless it’s relevant to the role. We appreciate clarity, so make it easy for us to see why you’re a great fit!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. Plus, you’ll find all the details about the role and our company culture there!
How to prepare for a job interview at BNY Mellon
✨Know Your Regulations
Make sure you brush up on FCA, CASS, UCITS, and AIFMD regulatory requirements. Being able to discuss these in detail will show that you’re not just familiar with the rules but can also apply them effectively in your role.
✨Showcase Your People Skills
As a Vice President, you'll be managing teams and stakeholders. Prepare examples of how you've successfully led teams or managed stakeholder relationships in the past. This will demonstrate your leadership style and ability to foster a strong team culture.
✨Prepare for Compliance Questions
Expect questions around compliance and audit inspections. Think about your experiences handling high-risk administrative tasks and be ready to discuss how you ensured accuracy and efficiency in those situations.
✨Demonstrate Operational Efficiency
Be prepared to talk about how you've driven operational efficiencies in previous roles. Have specific examples ready that highlight your ability to streamline processes and improve service delivery, as this is crucial for the role.
