At a Glance
- Tasks: Join a dynamic team managing investment operations and asset servicing for top financial clients.
- Company: BNY Pershing, a leading global financial institution with a collaborative culture.
- Benefits: Competitive salary, hybrid work model, and opportunities for career development.
- Other info: Ideal for those seeking growth in a structured, high-performing operations function.
- Why this job: Make an impact in the financial services industry while developing your skills in a fast-paced environment.
- Qualifications: Experience in investment operations or related fields, strong attention to detail, and excellent communication skills.
The predicted salary is between 40000 - 50000 £ per year.
About the Company
Join a leading global financial institution delivering world-class wealth and financial services solutions. Our platform combines advanced technology, digital tools, and integrated operations to empower teams to deliver exceptional client experiences at scale. With a culture focused on collaboration, continuous improvement, and career development, our organisation provides an ideal environment for rising professionals in financial services operations.
About the Role
An excellent opportunity has arisen within a leading global financial services organisation operating at the centre of the investment operations and asset servicing industry. The role sits within BNY Pershing’s Funds and Custody Operations function, supporting wealth managers, financial advisers, broker-dealers, and institutional clients across EMEA. The team plays a critical role in ensuring the accurate processing, settlement, and servicing of investment products and client assets within a highly controlled and regulated environment.
What You’ll Be Doing
- Processing fund transactions including subscriptions, redemptions, and switches
- Monitoring trade settlements and ensuring accurate execution across multiple markets
- Performing cash and stock reconciliations and investigating breaks or discrepancies
- Managing failed trades, exceptions, and operational issue resolution
- Supporting client onboarding, static data, and KYC-related processes
- Handling client, adviser, and internal stakeholder queries within SLA timeframes
- Liaising with custodians, transfer agents, fund managers, and internal teams
- Supporting corporate actions and wider asset servicing activity (Custody)
- Producing operational reporting, MI, KRIs, and control documentation
- Supporting audit requirements, regulatory controls, and CASS-related processes
- Contributing to process improvement, automation, and efficiency initiatives
Senior Associate Responsibilities
- Acting as an SME and escalation point within the team
- Reviewing work and supporting quality control across daily operations
- Supporting workflow allocation and operational prioritisation
- Assisting with governance reporting and control oversight
- Mentoring junior team members and supporting development
- Contributing to change, transformation, and process improvement initiatives
- Supporting offshore teams and cross-location coordination
What We’re Looking For
- Experience in Investment Operations, Funds Operations, Custody, Transfer Agency, or Wealth / Platform Operations
- Strong understanding of investment products (Mutual Funds, ETFs, OEICs, Unit Trusts, etc.)
- Experience in reconciliations, settlements, or trade lifecycle processing
- Strong attention to detail and a control-focused mindset
- Ability to work in high-volume, deadline-driven environments
- Strong communication and stakeholder management skills
- Solid Excel skills (lookups, pivots, formulas, reporting)
- A problem-solving and process improvement mindset
Desirable Experience
- Custody Operations or Corporate Actions exposure
- NAV, pricing, or fund accounting experience
- CASS / client asset protection awareness
- Experience with platforms such as Bloomberg, SimCorp, or similar systems
- Background in regulated financial services environments
Typical Backgrounds
We are particularly interested in candidates with backgrounds across investment operations, asset servicing, custody, fund administration, transfer agency, platform operations, securities operations, or wealth management operations environments. Suitable candidates may currently be working within areas such as:
- Funds Operations
- Custody Operations
- Transfer Agency
- Settlements & Trade Support
- Corporate Actions
- Reconciliations
- Asset Servicing
- Client Asset / CASS Operations
- Platform or Wealth Operations
- Investment Banking Operations / Middle Office
We are open to candidates from both operational processing and client servicing backgrounds, particularly those who have worked within regulated financial services environments managing high-volume transactions, reconciliations, controls, and stakeholder interaction. Senior Associate level candidates will ideally have experience acting as an escalation point, supporting oversight responsibilities, mentoring junior team members, or contributing towards process improvement and operational efficiency initiatives.
About You
You’ll be detail-driven, operationally strong, and comfortable working in a fast-paced, regulated environment where accuracy, ownership, and client service are critical. You’ll enjoy problem-solving, working with multiple stakeholders, and being part of a structured, high-performing operations function.
Eligibility
Applicants must have full, unrestricted right to work in the UK. Sponsorship is not available now or in the future.
How to Apply
Click “Apply” via LinkedIn or contact directly for a confidential discussion.
Fund Operations employer: BNY Pershing
At BNY Pershing, we pride ourselves on being a premier employer in the financial services sector, offering a dynamic work culture that fosters collaboration and continuous professional development. Our Manchester location provides a hybrid working model, allowing for a balanced approach to work-life integration while engaging with cutting-edge technology and a diverse team dedicated to delivering exceptional client experiences. With competitive salaries and a commitment to employee growth, we empower our associates to thrive in their careers within a supportive and innovative environment.
StudySmarter Expert Advice🤫
We think this is how you could land Fund Operations
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those in investment operations. A friendly chat can lead to insider info about job openings or even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of investment products and operational processes. We recommend practising common interview questions related to funds operations to show you're ready to hit the ground running.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds!
✨Tip Number 4
Apply through our website for the best chance at landing that dream job! We’re always looking for passionate individuals who want to make a difference in the financial services sector.
We think you need these skills to ace Fund Operations
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Fund Operations role. Highlight relevant experience in investment operations, custody, or asset servicing. We want to see how your background aligns with what we do!
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 your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Skills:Don’t forget to highlight your strong attention to detail and problem-solving mindset. Mention any experience with reconciliations, settlements, or trade processing, as these are key for us in this role.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at BNY Pershing
✨Know Your Investment Products
Make sure you brush up on your knowledge of investment products like Mutual Funds, ETFs, and Unit Trusts. Being able to discuss these confidently will show that you understand the core of what the role entails.
✨Master the Details
Given the importance of accuracy in Fund Operations, pay special attention to your CV and any examples you provide during the interview. Highlight your experience with reconciliations, settlements, and trade lifecycle processing to demonstrate your detail-oriented mindset.
✨Showcase Your Problem-Solving Skills
Prepare to discuss specific instances where you've resolved operational issues or improved processes. This will illustrate your proactive approach and ability to handle challenges in a high-volume environment.
✨Communicate Effectively
Strong communication is key in this role. Practice articulating your thoughts clearly and concisely, especially when discussing your experience with stakeholders or mentoring junior team members. This will help convey your collaborative spirit.
