
Senior Specialist, Regulatory & Technical Support, UK Trustee & Depositary
About the role
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 Senior Specialist, Regulatory & Technical Support to join our UK Trustee & Depositary Services team. This role is located in Edinburgh
In this role, you’ll make an impact in the following ways:
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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;
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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 operations
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Collation and submission of regular regulatory reporting
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Assist the regulatory and technical team with analysis of regulatory change
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Perform Issues/Embeddedness Testing reviews; assess remediation control design and operating effectiveness, document results, and drive follow‑up actions to closure.
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Support review of trend analysis on issues, developing additional action plans as necessary
To be successful in this role, we’re seeking the following:
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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)
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In-depth familiarity with authorised fund scheme documentation and the FCA authorisations process;
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Strong risk awareness with a deep understanding of control frameworks, testing methodologies, and remediation life cycles
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Strong communication and collaboration skills, with the ability to work effectively with stakeholders at all levels of the organization.
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Strong analytical skills and high attention to detail, sense of ownership, accountability, and risk awareness.
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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:
Here’s a few of our recent awards:
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America’s Most Innovative Companies, Fortune, 2025
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World’s Most Admired Companies, Fortune 2025
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“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.
About BNY Mellon
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