At a Glance
- Tasks: Join our team to oversee fund operations and drive innovative solutions in finance.
- Company: BNY, a leading global financial services company shaping the future of finance.
- Benefits: Competitive pay, flexible resources, generous leave, and a focus on wellbeing.
- Other info: Dynamic culture with opportunities for growth and development.
- Why this job: Make an impact in finance while working with cutting-edge technology and talented teams.
- Qualifications: Experience in fund operations and knowledge of regulatory frameworks required.
The predicted salary is between 60000 - 80000 £ per year.
We are seeking a future team member for the role of Fund Oversight Specialist to join our Trustee & Depositary team.
- Review daily oversight activities including cash movements and balances across fund accounts, applying sound judgment to investigate exceptions, unusual activity, and emerging risk indicators.
- Review cash reconciliation across multiple accounts and fund structures; drive control of breaks, aged items, coordinating root-cause analysis and sustainable remediation with operations and service partners.
- Lead investigation of NAV breaks, coordinating with operational and data teams to ensure timely resolution.
- Oversee monitoring of investment and borrowing restrictions in line with regulatory requirements, prospectus limits, and internal procedures.
- Review and classify breaches, ensure timely escalation, and support governance forums with clear risk-based commentary.
- Identify, prioritise, and lead process and control improvements to strengthen oversight, improve efficiency, and reduce operational and reputational risk; support implementation through testing and embedding.
- Produce and analyse management information (MI) and key risk/control metrics, highlighting trends, themes, and recurring issues, and proposing targeted actions to improve outcomes.
- Provide guidance, peer review, and on-the-job coaching to less experienced team members, supporting quality, consistency, and knowledge transfer across the team.
- Represent the team in stakeholder forums as required, communicating clearly on issues, risks, and remediation plans, and driving alignment on priorities and delivery timelines.
- Support the oversight and execution of payment processes in line with regulatory requirements.
- Support change initiatives, including regulatory changes, new fund launches, onboardings, and other fund changes.
- Deliver strong oversight of record keeping and ownership verification controls, ensuring accuracy and regulatory compliance.
- Strong experience in fund operations, fund accounting, depositary, trustee, custody, or oversight functions.
- Knowledge of UCITS, AIFMD, or similar regulatory frameworks.
- Strong sense of ownership, accountability, and risk awareness.
Senior Specialist, Trustee & Depositary in Central employer: BNY
At BNY, we pride ourselves on being a leading global financial services company that not only influences a significant portion of the world's investible assets but also fosters a culture of innovation and excellence. Our commitment to employee growth is evident through our comprehensive benefits, including flexible resources for personal wellbeing and generous paid leave policies, ensuring that our team members can thrive both professionally and personally. Join us in a dynamic environment where your contributions are valued, and together we can shape the future of finance.
