Job-ID: 79982Category: Trustee & DepositaryLocation: Edinburgh, Midlothian, United KingdomSchedule: Full time, DayPosted: We’re seeking a future team member for the role of Vice President, Regulatory & Technical Support to join our UK Trustee & Depositary Services team. This role is located in EdinburghIn this role, you’ll make an impact in the following ways: Review of, and provision of guidance on, all applicable scheme documentation (including prospectuses; instruments of incorporation; trust deeds; FCA applications; schemes of arrangement; investor circulars; and risk management policies), in each case from a depositary and fiduciary perspective, with a view to ensuring compliance with all applicable regulations; protection of investor interests; and adherence to evolving regulator expectations;Providing high quality interpretation to fund manager clients, the depositary business, and the wider organisation in respect of regulatory and compliance matters relating to the interpretation of relevant regulations; and their application to technical aspects of collective investment fund operationsCollation and submission of regular regulatory reportingLead the analysis of regulatory change and support operational implementation / client conversations as necessaryLead on, or support, client and stakeholder regulatory update sessions, including delivery of regulatory updates as part of client service review meetings, board presentations, sales pitches, client due diligence reviews Support Client Management Team in the management of day-to-day client interactions – attending service review and other operational meetings as necessary, providing input into reporting as requiredRepresent the regulatory team in governance forums, and BNY in industry forumsPerform Issues/Embeddedness Testing reviews; assess remediation control design and operating effectiveness, document results, and drive follow‑up actions to closure.Lead the review of trend analysis on issues, developing additional action plans as necessaryTo be successful in this role, we’re seeking the following: In-depth knowledge of the collective investment funds industry and the rules and regulations pertaining thereto (particularly as they relate to open-ended investment companies (OEICs); authorised unit trusts (AUTs); and authorised contractual schemes (ACS), in each case structured as UCITS; non-UCITS retail schemes (NURS); qualified investor schemes (QIS) and Long-Term Asset Funds (LTAF)In-depth familiarity with authorised fund scheme documentation and the FCA authorisations process; Strong risk awareness with a deep understanding of control frameworks, testing methodologies, and remediation life cyclesStrong communication and collaboration skills, with the ability to work effectively with stakeholders at all levels of the organization.Analytical skills and high attention to detail.Strong sense of ownership, accountability, and risk awareness.Ability to prioritize across multiple deadlines and manage a varied workload.
Vice President, Regulatory & Technical Support, Trustee & Depositary in Edinburgh employer: The Bank of New York Mellon
At BNY, we pride ourselves on fostering a culture of innovation and collaboration, making it an exceptional place for professionals in the financial services sector. Located in London, our team enjoys access to cutting-edge technology and a commitment to employee growth through competitive compensation, comprehensive benefits, and a focus on wellbeing. Join us to be part of a forward-thinking organisation that values bold ideas and empowers you to make a meaningful impact in the world of digital assets and payments.
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The Bank of New York Mellon Recruitment Team
