At a Glance
- Tasks: Lead a team in ensuring compliance and operational efficiency for funds management.
- Company: Join a leading financial services firm with a commitment to diversity and inclusion.
- Benefits: Competitive salary, career development opportunities, and a supportive work environment.
- Other info: Dynamic role with opportunities for growth in a collaborative team.
- Why this job: Make a significant impact in the finance sector while developing your leadership skills.
- Qualifications: Extensive experience in Trustee and Depositary roles with strong communication skills.
The predicted salary is between 60000 - 80000 € per year.
We’re seeking a future team member for the role of ‘Vice President, Trustee & Depositary Manager I’ to join our UK Trustee & Depositary team. This role is located in Edinburgh.
Responsibilities
- Completion and implementation of internal monitoring for all Funds, ensuring that work is completed in accordance with the departmental procedures and to the required regulatory 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.
- Plan, manage and develop team members, by forming training and development plans, using coaching skills where necessary.
- Set objectives or Key Areas of Responsibility of the role. Apprise performance against objectives.
- Act as focus for all internal and external compliance/audit inspections involving issues relating to pricing, investments, audit production, report and accounts, distributions and administrative activities.
- Responsible for ensuring that all high risk and complex administrative tasks, requiring depth of experience, are handled correctly and efficiently.
- Drive forward operational efficiencies and streamline Unit Trust/OEIC administrative processes to increase cost savings and to increase qualitative and quantitative output.
- Promote a strong risk‑aware and control focused culture within the team.
- Provide support to the wider UK Trustee & Depositary teams as required.
Qualifications
- Extensive 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.
- Excellent stakeholder management and communication skills.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
Vice President, Trustee & Depositary employer: BNY
At BNY, we pride ourselves on being an exceptional employer, particularly for the Vice President, Trustee & Depositary role in our vibrant Edinburgh office. Our commitment to employee growth is evident through tailored training and development plans, fostering a culture of continuous improvement and collaboration. With a strong focus on compliance and operational excellence, we offer a dynamic work environment that values diversity and encourages innovative thinking, making it a rewarding place to advance your career.
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, Trustee & Depositary
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and asset servicing sectors. We all know that sometimes it’s not just what you know, but who you know that can help you land that Vice President role.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of FCA, CASS, UCITS, and AIFMD regulations. We want you to be the go-to person for compliance questions, so show them you’ve got the expertise!
✨Tip Number 3
Don’t forget to showcase your people management skills! When discussing your experience, highlight how you’ve developed teams and driven performance. We’re looking for leaders who can inspire and coach others.
✨Tip Number 4
Finally, apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Vice President, Trustee & Depositary
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Vice President, Trustee & Depositary role. 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.
Showcase Your People Skills:Since this role involves managing a team, it’s crucial to showcase your people management experience. Share examples of how you've developed team members and set objectives, as well as any coaching skills you’ve used to help them grow.
Be Clear and Concise:When writing your application, be clear and concise. Use straightforward language to describe your achievements and responsibilities, making it easy for us to see how you meet the requirements of the role.
Apply Through Our Website:We encourage you to apply through our website for the best chance of success. It’s the easiest way for us to receive your application and ensures you’re considered for the role directly!
How to prepare for a job interview at BNY
✨Know Your Regulations
Make sure you brush up on FCA, CASS, UCITS, and AIFMD regulations before the interview. Being able to discuss these in detail will show that you’re not just familiar with the requirements but also understand their implications for the role.
✨Showcase Your People Skills
Since this role involves managing a team, be prepared to share examples of how you've successfully developed team members in the past. Highlight your coaching skills and any training plans you've implemented to demonstrate your leadership style.
✨Prepare for Compliance Questions
Expect questions around compliance and audit inspections. Think of specific instances where you’ve handled complex administrative tasks or navigated high-risk situations, and be ready to explain your approach and the outcomes.
✨Demonstrate Operational Efficiency
Be ready to discuss how you've driven operational efficiencies in previous roles. Share concrete examples of how you streamlined processes or improved service delivery, as this aligns directly with the responsibilities of the position.
