Job Description

We’re seeking a future team member for the role of Specialist, Trustee & Depositary II (38ITTDP) to join our team. This role is located in Luxembourg.

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

• Perform and oversee safekeeping and cash monitoring controls.
• Review asset inventories, reconciliations and related exceptions.
• Support ownership verification and oversight of financial instruments and other assets.
• Investigate exceptions and ensure appropriate follow-up and timely resolution.
• Contribute to the oversight of UCITS and other regulated fund structures.
• Support audit, client and internal governance requirements.
• Work closely with internal and offshore teams to ensure controls are completed accurately and within agreed deadlines.
• Contribute to continuous improvement of controls, procedures and operating processes

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

• Minimum 5 years’ experience in the funds industry, preferably within Depositary, Custody or Fund Administration.
• Strong knowledge of UCITS/liquid funds, the Luxembourg fund environment and applicable UCITS/AIFMD requirements.
• Strong knowledge of financial instruments, including equities, fixed income, investment funds, derivatives and cash/money-market instruments.
• Strong understanding of Depositary safekeeping and cash monitoring, including asset inventory, reconciliations and ownership verification.
• Experience managing complex fund structures, multiple sub-funds and high volumes of positions.
• Strong analytical and problem-solving skills, with the ability to investigate breaks, identify root causes and drive resolution.
• Ability to manage a portfolio of clients autonomously, prioritise activities and meet deadlines.
• Strong communication and stakeholder-management skills, including interaction with clients, auditors and internal teams.
• Strong attention to detail and control mindset, combined with a collaborative approach.
• Fluent English; additional languages are an advantage.
• Strong Microsoft Excel and Office skills.
• Proactive mindset with an interest in process improvement, automation, digitalisation and AI.

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 #LifeAtBNY is all about. Join us and be part of something extraordinary.