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For Companies At a Glance
- Tasks: Lead the Cash & Payments Team, ensuring smooth payment processes and high service standards.
- Company: Join BNY, a global leader in financial services with a culture of innovation.
- Benefits: Competitive pay, flexible resources, generous leave, and a focus on wellbeing.
- Why this job: Make a real impact in finance while developing your leadership skills.
- Qualifications: Experience in Trustee and Depositary, strong people management, and risk awareness.
- Other info: Dynamic environment with opportunities for personal and professional growth.
The predicted salary is between 36000 - 60000 £ per year.
Overview
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. Together, we power the future of finance.
Role
We're seeking a future team member for the role of Manager, Cash & Payments Team to join our UK Trustee & Depositary team. This role is located in Edinburgh.
Responsibilities
- Oversee the end-to-end payment process across onshore and offshore locations, ensuring consistency of controls and standards.
- Conduct regular service reviews, quality assurance assessments of the offshore team ensuring service delivery meets agreed SLAs and KPIs.
- Maintain up-to-date procedures and documentation in line with regulatory expectations.
- Identify, manage and escalate payment related risks, incidents and breaches ensuring incidents, errors and near misses are logged, investigated and resolved with root cause analysis.
- Contribute at Operational Risk and Governance Forums.
- Act as a key contact for internal stakeholders, including Compliance, Internal Audit, Risk and Client Management.
- Escalation contact for client and internal stakeholder queries and escalations from the offshore team.
- Support change initiatives, including regulatory change, new fund launches, onboardings and other fund changes.
- Manage, develop and mentor the staff within the UK Cash and Payments Team, ensuring high standards of performance and technical knowledge.
- Allocate workloads, set objectives, and conduct performance reviews.
- Promote a strong risk-aware and control focused culture within the team.
- Provide support to the other Fund Oversight Teams and the wider UK Trustee & Depositary teams.
Qualifications
- Strong 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.
- Strong risk awareness and understanding of control frameworks.
- Excellent stakeholder management and communication skills.
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.
Manager Cash & Payments Team, UK Trustee & Depositary in Scotland employer: BNY Mellon
Contact Detail:
BNY Mellon Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Manager Cash & Payments Team, UK Trustee & Depositary in Scotland
✨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 recent projects and initiatives. 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 risk management and stakeholder communication. We want to see how you handle real-life scenarios, so think of examples from your past experience.
✨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 BNY team.
We think you need these skills to ace Manager Cash & Payments Team, UK Trustee & Depositary in Scotland
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Manager, Cash & Payments Team. Highlight your experience in Trustee and Depositary, Fund Administration, or Asset Servicing, and don’t forget to mention your knowledge of FCA, CASS, UCITS, and AIFMD regulations.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Share specific examples of how you've managed teams and improved processes in previous roles, and show us your passion for the financial services industry.
Showcase Your People Management Skills: Since this role involves managing and mentoring staff, make sure to highlight your people management experience. Talk about how you've developed teams, set objectives, and conducted performance reviews in your previous positions.
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 ensures you don’t miss out on any important updates from us!
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 understand the landscape of the role and can navigate the complexities involved.
✨Showcase Your People Skills
Since this role involves managing and mentoring a team, be prepared to share examples of how you've successfully led teams in the past. Highlight your approach to performance reviews and how you foster a strong team culture.
✨Prepare for Scenario Questions
Expect questions about risk management and incident handling. Think of specific situations where you identified risks or resolved issues, and be ready to explain your thought process and the outcomes.
✨Engage with Stakeholders
Demonstrate your excellent stakeholder management skills by discussing how you've effectively communicated with various internal teams. Prepare to give examples of how you’ve handled escalations and maintained strong relationships.
