Specialist 2, Trustee & Depositary

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #Life AtBNY is all about. Join us and be part of something extraordinary.

We’re seeking a future team member for the role of Specialist 2, Trustee & Depositary to join our Fund Accounting Trustee & Depository Team. This role is located in Frankfurt, Germany.

In this role, you’ll make an impact in the following ways:

• German Investment Compliance duties

• Set Up and control of fee models in Xentis

• Support of fund Events

• Provide input data for Depotbank fee calculations & prepare data hand-offs to the Billing Team.

• Control of fund static data

• Develop and maintain an understanding of the client / KVG business and market requirements

• Respond to all client / KVG and BNYM in-house requests in a timely manner

• Direct communication with clients and stakeholders

• Creation, documentation and optimization of own workflows and processes

• Preparation of the relevant documentation for external and internal audit in close cooperation with senior team members and / or Management

• Perform and reviews daily / periodic controls as required or assigned

• Ensuring that daily workflows, procedures and controls are effectively executed in a timely manner

• Collaborate closely with team members and interfaces across BNY.

• Handle internal & external queries diligently and on time

• Support Team in improving workflows in accordance with BNY procedures and controls, legal requirements and client requirements.

• Monitor areas for risk and minimizes potential loss and exposure

• Participate in projects

• Keep up to date of internal and external developments (e.g. regulations) which could affect client services operations

• Quality assurance standards development and implementation

• Support in coordination of activities over Depotbank teams and other BNYM departments

To be successful in this role, we’re seeking the following:

• Banking/business education or comparable qualification; early experience in investment Compliance or depotbank/compliance is a plus.

• 1–4 years relevant experience; proficiency with MS Office (Excel, Word); familiarity with relevant systems (e.g., Xentis) is a plus, with onboarding provided.

• Basic understanding of financial instruments (securities, FX, simple derivatives); willingness to develop knowledge of regulatory requirements.

• Accuracy, reliability, and accountability; structured and documentation-secure approach.

• Good written and verbal German and English; collaborative, client service mindset.

• Good communicator and Team playing spirit is a must

• Frame of mind focused on productivity; willingness to take more duties, expand team

• Preferred to have Process Improvement experiences / skills, e.g. to design / establish new detailed processes to run the company better, Documentation skills, e.g. procedures / manual

• Strong Risk Control: monitoring and adhering legal and compliance responsibilities

At BNY, our culture speaks for itself, check out the latest BNY news at:

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Here’s a few of our recent awards:

• America’s Most Innovative Companies, Fortune, 2025

• World’s Most Admired Companies, Fortune 2025

• “Most Just Companies”, Just Capital and CNBC, 2025

Our Benefits and Rewards:

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

• BNY is an Equal Employment Opportunity/Affirmative Action Employer
• Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.