Senior Specialist, 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 Fund Oversight Specialist to join our Trustee & Depositary team. This role is located in Edinburgh

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

• Reviewing daily oversight activities including cash movements and balances across fund accounts, applying sound judgment to investigate exceptions, unusual activity, and emerging risk indicators.
• Reviewing of 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.
• Provide senior review and challenge of NAV production outputs for accuracy, completeness, and timeliness; interrogate pricing issues, unusual movements, and material valuation variances, escalating where appropriate.
• 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.
• Act as a key point of contact partnering with other BNY teams to deliver daily, weekly, and monthly oversight activities, ensuring consistent service delivery and effective management of escalations.
• 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.
• Build and maintain strong working relationships with stakeholders across locations and functions, influencing priorities to support issue resolution, knowledge sharing, and continuous improvement.
• 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

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

• Strong experience in fund operations, fund accounting, depositary, trustee, custody, or oversight functions.

• Knowledge of UCITS, AIFMD, or similar regulatory frameworks.

• Experience investigating exceptions, managing escalations, and operating within a strong control framework.

• Strong communication and collaboration skills, with the ability to work effectively with stakeholders at all levels of the organization.

• Strong 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.

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.