At a Glance
- Tasks: Lead a dynamic team managing mutual fund operations and drive process improvements.
- Company: Join BNY, a global leader in financial services with a culture of innovation.
- Benefits: Competitive pay, flexible resources, generous leave, and wellbeing programs.
- Why this job: Make a real impact in finance while developing your leadership skills.
- Qualifications: Experience in team management and strong operational skills required.
- Other info: Exciting career growth opportunities in a supportive environment.
The predicted salary is between 36000 - 60000 £ 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 Manager, Mutual Funds to join our Pershing EMEA team. Pershing provides a broad range of financial business solutions to investment banks, broker-dealers, wealth managers, financial planners and advisers across EMEA. We provide sophisticated front-end technology and flexible middle office capabilities with execution, settlement and custody services.
This role is located in Manchester. In this role, you'll make an impact in the following ways:
- This role is responsible for the management of an operational team dealing with Fund related activities. The role requires both hands-on management and strategic planning.
- The role will involve either one or a combination of responsibilities related to Fund Manager Account Openings, Fund Manager AML Due Diligence, Share Class Conversions, Fund trading activities STP and manual and Fund Settlements.
- Develops policies and processes to ensure the volume of work produced meets product/service standards. Identifies and implements process improvements to improve the experience for all stakeholders.
- Ensure all tasks and duties that fall within the team's responsibility are completed in a timely and accurate manner. Escalation of any material issues.
- Recruits, directs, motivates and develops staff, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team.
- Ensuring all client queries received by the team are reviewed and resolved in line with expectations and ensuring delivery of a high level of client service both internally and externally.
- Maintain departmental control models, produce MI and monitor KRIs/KPIs to ensure they are up to date and reflective of processes to ensure regulatory breaches are minimised.
- Co-ordinate testing and ensure test scripts are up to date and reflective of live process, plus support of software releases.
- Responsible for the Team's adherence to Records Management and Business Continuity policies and the accuracy of the information stored.
- Undertake projects or tasks as required (i.e. new Client presentations/Onboarding projects).
- Responsible for resource allocation and for ensuring projects are on schedule.
- Proactive approach to continuous improvement.
- Any other duties as required.
To be successful in this role, we're seeking the following:
- Significant experience of leading/managing teams.
- Direct experience of dealing with a wide range of employee relations activities.
- Detailed and sustained operational experience.
- Strong systems skills/ability to define MI/ manipulate data (must be skilled in Microsoft Excel).
- Nice to have: Experienced with continuous improvement, robotics, process efficiency.
- Nice to have: Funds experience.
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.
Manager, Mutual Funds in Manchester employer: BNY Mellon
Contact Detail:
BNY Mellon Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Manager, Mutual Funds in Manchester
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance industry, especially those who work at BNY or similar firms. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by researching BNY's culture and values. Understand their approach to innovation and client service. This will help you tailor your answers and show that you're a great fit for the team.
✨Tip Number 3
Practice your responses to common interview questions, especially those related to team management and operational efficiency. Use the STAR method (Situation, Task, Action, Result) to structure your answers effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the BNY family and ready to contribute to something extraordinary.
We think you need these skills to ace Manager, Mutual Funds in Manchester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Manager, Mutual Funds role. Highlight relevant experience and skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how your background aligns with our mission at BNY. Keep it engaging and personal.
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples to demonstrate how you've made an impact in previous roles. We love seeing results-driven candidates!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of your journey with us!
How to prepare for a job interview at BNY Mellon
✨Know Your Numbers
As a Manager in Mutual Funds, you'll need to be comfortable with data. Brush up on your financial metrics and be ready to discuss how you've used data to drive decisions in your previous roles. This shows you understand the importance of metrics in managing funds.
✨Showcase Leadership Skills
BNY is looking for someone who can lead a team effectively. Prepare examples of how you've motivated and developed your team in the past. Highlight any specific challenges you faced and how you overcame them to ensure your team's success.
✨Understand Regulatory Frameworks
Familiarise yourself with the regulatory and compliance aspects of mutual funds. Be prepared to discuss how you've navigated these in your previous roles. This will demonstrate your readiness to maintain high standards in line with BNY's expectations.
✨Emphasise Continuous Improvement
BNY values innovation and process efficiency. Think of instances where you've implemented improvements in your previous roles. Discuss how these changes positively impacted your team or the overall operation, showing that you're proactive about enhancing processes.