At a Glance
- Tasks: Supervise a team and manage Fund Settlements with precision and efficiency.
- Company: Join BNY, a leader in financial solutions with a culture of excellence.
- Benefits: Competitive pay, flexible resources, generous leave, and wellness support.
- Other info: Diverse workplace with opportunities for growth and community involvement.
- Why this job: Make an impact in finance while developing your leadership skills.
- Qualifications: Team management experience and strong Excel skills required.
The predicted salary is between 35000 - 45000 £ per year.
We’re seeking a future team member for the role of Fund Settlements Supervisor to join our Fund Settlements team in Manchester. Pershing provides a broad range of financial business solutions to investment banks, broker‑dealers, wealth managers, financial planners and advisors across EMEA, with sophisticated front‑end technology and flexible middle‑office capabilities. These services are supported by a robust regulatory and compliance framework and a dedicated client‑asset expertise.
Key Responsibilities
- Supervise a small team of employees covering Fund Settlements.
- Ensure all BAU tasks are completed on time and in line with the Strategic Level Deliverables (SLD).
- Act as the day‑to‑day liaison and point of contact on all Fund Settlement matters.
- Approve and release manual payments in accordance with policies.
- Collaborate with multiple operational teams including Cash Management & Fund Dealing.
- Respond to client and Fund Manager/Transfer Agent queries in a timely manner.
- Prepare monthly KRIs, Client Billing, Scorecard, Account Ownership and other required reports.
- Coordinate reconciliations and resolve all daily and other breaks within required timescales, including CASS related tasks such as client‑money & shortfall calculations and raising client‑asset breaches.
- Execute releases, functional changes and ad‑hoc testing, which may include weekend and early‑morning tests.
- Ensure team procedures are reviewed and accurately updated.
- Maintain team documents/folders in line with Records Management policy.
- Maintain and periodically review the Business Continuity plan, meeting all deadlines.
Essential Qualifications
- Experience in team and performance management.
- Proficiency in Microsoft Excel, including use of formulas, lookups and pivot tables.
- Experience producing documentation of a management standard and running initiatives/responsibilities independently.
- Excellent written and verbal communication skills and experience of phone‑based liaison.
Desirable Qualifications
- Fund/Financial services experience.
Benefits
BNY offers highly competitive compensation, benefits, and well‑being programs rooted in a strong culture of excellence. We provide access to flexible global resources and tools, support your health and resilience, and offer generous paid leaves, including paid volunteer time. BNY is an Equal Employment Opportunity/Affirmative Action Employer – Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
Fund Settlement Supervisor in Manchester employer: BNY
At BNY, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within our Fund Settlements team in Manchester. Our commitment to employee growth is evident through comprehensive training programs and opportunities for advancement, while our competitive compensation and generous benefits, including paid volunteer time, ensure that our team members feel valued and supported in their professional journeys.
StudySmarter Expert Advice🤫
We think this is how you could land Fund Settlement Supervisor in Manchester
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who work in fund settlements. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of fund settlements and financial services. We recommend practising common interview questions and having examples ready that showcase your team management skills.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website for the best chance at landing that Fund Settlement Supervisor role. We’re always on the lookout for passionate candidates, and applying directly helps us see your application first!
We think you need these skills to ace Fund Settlement Supervisor in Manchester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Fund Settlement Supervisor role. Highlight your experience in team management and any relevant financial services background. We want to see how your skills match what we're looking for!
Showcase Your Communication Skills:Since excellent written and verbal communication is key, use your application to demonstrate this. Keep your language clear and professional, and don’t forget to proofread for any typos or errors. We love a polished application!
Highlight Relevant Experience:If you've got experience with Microsoft Excel or producing management-standard documentation, make sure to mention it! We’re keen on seeing how you can bring your expertise to our team.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to find all the details you need about the role and our company!
How to prepare for a job interview at BNY
✨Know Your Numbers
As a Fund Settlement Supervisor, you'll need to be comfortable with numbers and data. Brush up on your Excel skills, especially formulas, lookups, and pivot tables. Be ready to discuss how you've used these tools in past roles to manage team performance or resolve issues.
✨Showcase Your Leadership Skills
Since this role involves supervising a small team, be prepared to share examples of your leadership experience. Think about times when you successfully managed a team, resolved conflicts, or improved processes. Highlight your ability to motivate and guide others.
✨Understand the Business
Familiarise yourself with the financial services industry, particularly fund settlements. Research the company’s services and how they fit into the broader market. This knowledge will help you answer questions confidently and demonstrate your genuine interest in the role.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and decision-making abilities. Think of specific situations where you had to coordinate with multiple teams or handle client queries. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.
