At a Glance
- Tasks: Lead Mutual Fund Operations and manage high-performing teams in a dynamic environment.
- Company: Join BNY Pershing, a top global financial institution with a focus on innovation.
- Benefits: Enjoy an excellent salary, bonuses, and a hybrid work model.
- Other info: Opportunity for career growth in a fast-paced, regulated environment.
- Why this job: Make a real impact in the financial sector while developing your leadership skills.
- Qualifications: Strong background in Mutual Funds and operational leadership required.
The predicted salary is between 75600 - 92400 £ per year.
Vice President – Mutual Funds / Fund Services
Funds Operations | Fund Dealing | Custody | Asset Servicing | Leadership
Location: Manchester, UK (Hybrid – 4 days onsite)
Type: Permanent | Excellent salary + bonus + benefits
About the Company
Join one of the world's leading financial institutions, supporting clients across global markets through market-leading custody, clearing, wealth and asset servicing solutions.
BNY Pershing provides technology-enabled investment services to wealth managers, financial advisers, broker-dealers and institutional clients across EMEA. Operating within a highly regulated environment, the business continues to invest heavily in operational excellence, innovation and leadership development.
About the Role
An exciting opportunity has arisen for an experienced Vice President – Mutual Funds / Fund Services to join BNY Pershing's Funds & Custody Operations function.
This is a senior operational leadership role responsible for overseeing Mutual Fund Operations across dealing, settlements, onboarding, and operational servicing activities. You will play a key role in leading high-performing teams, strengthening operational controls, driving service excellence, and ensuring the successful delivery of critical investment servicing activities within a highly regulated financial environment.
The role sits within BNY Pershing's Funds & Custody Operations team, supporting wealth managers, financial advisers, broker-dealers, and institutional clients across the EMEA region. The function provides market-leading custody, fund dealing, settlement, and asset servicing solutions, ensuring the accurate processing, administration, and safeguarding of client assets and investment products.
We're looking for an experienced operational leader with a strong background in Mutual Funds, Fund Services, Custody, Asset Servicing, or Investment Operations who can combine strategic leadership with operational oversight. You will work closely with senior stakeholders across Operations, Technology, Compliance, Financial Crime, and Client Management, while managing teams responsible for delivering accurate, efficient, and controlled investment processes.
The successful candidate will be responsible for driving operational excellence, enhancing governance and controls, supporting transformation initiatives, and building strong relationships across the wider business. This role offers the opportunity to influence the direction of a key operational function while developing people, improving processes, and delivering exceptional outcomes for clients.
What You'll Be Doing
- Leading Mutual Fund Operations across dealing, settlements and operational servicing activities
- Managing teams responsible for fund dealing, trade processing, settlements and share class conversions
- Overseeing fund onboarding, account opening and operational support for fund managers and transfer agents
- Ensuring accurate execution of fund orders and settlement activity across multiple markets
- Acting as senior escalation point for operational issues, client queries and fund-related investigations
- Driving operational control, governance, risk management and regulatory compliance across the function
- Producing and reviewing operational MI, KPIs, KRIs and performance reporting
- Leading reconciliations, exception management and operational oversight activities
- Partnering with Financial Crime, Compliance, Technology and Change teams on strategic initiatives
- Supporting automation, process optimisation and continuous improvement programmes
- Developing, coaching and mentoring managers and operational teams
- Building strong relationships with internal stakeholders, fund managers, custodians and institutional clients
What We're Looking For
- Strong leadership experience within Mutual Funds, Asset Management Operations, Custody or Fund Services
- Excellent knowledge of mutual fund dealing, settlements and investment operations
- Experience managing operational teams within regulated financial services
- Knowledge of fund structures, dealing cycles and settlement processes
- Strong operational risk and control awareness
- Experience producing and reviewing MI, KPIs and operational reporting
- Proven stakeholder management skills across Operations, Technology, Compliance and Client teams
- Strong problem-solving and continuous improvement mindset
- Excellent communication and people leadership capability
Desirable Experience
- Transfer Agency
- Custody Operations
- Asset Servicing
- Share Class Conversions
- Fund Onboarding
- AML / KYC
- Static Data Management
- Corporate Actions
- CASS awareness
- Operational Change or Transformation projects
Typical Backgrounds
- Mutual Fund Operations
- Fund Services
- Fund Administration
- Custody Operations
- Asset Servicing
- Transfer Agency
- Wealth Operations
- Investment Operations
- Securities Operations
- Platform Operations
- Investment Banking Operations
- Fund Accounting Operations
About You
You'll be a collaborative and commercially aware operational leader who enjoys developing people, improving processes and delivering exceptional operational performance.
You'll be comfortable operating in a fast-paced, highly regulated investment environment where governance, client service and operational excellence are key priorities.
If you enjoy leading teams, driving change and influencing senior stakeholders, this is an outstanding opportunity to join one of the world's leading investment services organisations.
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
- award@atriumglobal.com
- Or send me a direct message for a confidential discussion about the opportunity.
Mutual Fund Specialist employer: BNY Pershing
At BNY Pershing, we pride ourselves on being a top employer in the financial services sector, offering a dynamic work environment in Manchester that fosters collaboration and innovation. Our commitment to employee development is evident through comprehensive training programs and opportunities for career advancement, all while enjoying a competitive salary and benefits package. Join us to be part of a high-performing team where your contributions directly impact our clients and the broader financial landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Mutual Fund Specialist
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like BNY Pershing. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Mutual Fund Specialist
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to BNY Pershing.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on BNY Pershing's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at BNY Pershing
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with BNY Pershing.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at BNY Pershing will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former BNY Pershing employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
