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.
We’re seeking a future team member for the role of Vice President, Mandate Monitoring to join our Mandate Monitoring, Front Office Services team. This role is located in London, United Kingdom.
In this role, you’ll make an impact in the following ways:
Perform and oversee automated and manual exception monitoring activities, ensuring issues are investigated, resolved, and escalated where appropriate.
Review new fund launches, mandate changes, prospectus updates, and ad hoc requests to determine monitoring requirements, coding feasibility, and implementation approach.
Interpret investment management agreements, prospectuses, regulatory rules, and internal policy requirements to assess whether guidelines can be automated or require manual oversight.
Maintain and enhance pre-trade and post-trade mandate monitoring rules and restrictions across relevant monitoring systems.
Support offshore mandate monitoring teams in daily post-trade monitoring, exception management, and execution of manual controls.
Maintain stop lists, restricted lists, procedures, and operating documentation to ensure a robust and well-controlled monitoring environment.
Partner with Front Office, Client Services, Compliance, Risk, Controls, Technology, and other operational teams to resolve queries and improve end-to-end monitoring processes.
Identify process risks, control gaps, and recurring breach themes, and contribute to practical solutions that strengthen control effectiveness and reduce future exceptions.
Provide subject matter expertise, training, and guidance to team members on mandate interpretation, rule coding, and exception handling.
Contribute to change initiatives, system enhancements, AI solutions, and broader mandate monitoring projects, delivering assigned work within agreed timelines.
To be successful in this role, we’re seeking the following:
Demonstrated experience in mandate monitoring within an investment management or asset servicing environment.
Hands-on experience coding, testing, and maintaining investment guideline rules in Aladdin.
Experience investigating and resolving pre-trade and post-trade exceptions in partnership with portfolio management and oversight teams.
Experience interpreting discretionary client investment management agreements, fund prospectuses, and investment and borrowing powers.
Strong understanding of the investment management lifecycle across multiple asset classes and client types.
Strong knowledge of mandate monitoring processes, including rule automation, exception monitoring, breach analysis, and control frameworks.
Working knowledge of UK, Irish, US, and Luxembourg retail fund regulations and related investment restrictions.
Strong business-user technology skills and confidence working across monitoring systems, workflow tools, and productivity enhancement applications.
Excellent analytical skills with strong attention to detail and the ability to interpret complex documentation accurately.
Strong organisational and time-management skills, with the ability to prioritise effectively in a deadline-driven environment.
Sound judgement and decision-making skills, particularly when assessing guideline intent, materiality, and escalation requirements.
Clear verbal and written communication skills, with the ability to explain complex restrictions and monitoring outcomes to varied stakeholders.
Collaborative and proactive approach, with a continuous improvement mindset and commitment to high control standards.
At BNY, our culture speaks for itself, check out the latest BNY news at:
Here’s a few of our recent awards:
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.
We help make money work for the world — managing it, moving it and keeping it safe. As a leading global financial services company at the center of the world’s financial system, we touch nearly 20% of the world’s investable assets. Today we help over 90% of Fortune 100 companies and nearly all the top 100 banks globally access the money they need. For more than 240 years we have partnered alongside our clients to create solutions that benefit businesses, communities and people everywhere.
Follow BNY on Instagram & X: @BNYglobal
