Job Description

We are seeking a future team member for the role of Vice President to join our Depositary Funds Oversight team with a focus on funds’ NAV reviews for traditional funds. This role is located in Luxembourg.

• You will manage a team, which performs NAV reviews for liquid funds.
• You will be accountable for ensuring that your team delivers the reviews timely and accurately.
• You will provide guidance and training to your team and act as a reliable manager.
• You will be an active participant to governance committees and work with the relevant product oriented development teams and peers in other EMEA locations to standardize and digitalize processes.
• You will take ownership and be fully engaged in any digitization initiative which impacts your remit.
• You will also ensure that your team follows-up on NAV errors to ensure that errors are addressed appropriately and relevant information is provided to the regulator.
• In this role, you will also review and conduct thorough and comprehensive assessments across the five oversight duties of the depositary, encompassing both traditional and alternative funds.
• You will play a crucial role in identifying exceptions during these assessments, documenting findings, and ensuring that each exception is diligently followed up and closed.
• Your responsibilities will also include maintaining strong client relationships, ensuring superior quality of service, and positioning BNY Depositary as a value-added service.

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

• Bachelor's degree or the equivalent combination of education and experience is required
• Minimum 5 years of work experience in a Depositary, Fund Administrator, Management Company/AIFM or an Audit Firm is required
• Previous experience as a people manager
• Experience in performing NAV reviews for UCITS and AIFs is necessary.
• Strong analytical skills with meticulous attention to detail and ability to work independently with limited supervision
• Excellent knowledge of the following CSSF Circulars: 16/644, 18/697, and 24/856
• Good knowledge of regulatory requirements and industry best practices; in particular for the depositary oversight duties (e.g., AIFMD and UCITS V Regulations)
• Good knowledge of the ManCo/AIFM and its delegates' roles
• Fluent English skills (verbally and written)
• Strong analytical skills with meticulous attention to detail
• Ability to plan effectively, with strong deadline orientation
• Effective communication and interpersonal abilities
• Excellent knowledge of MS Office, especially Excel. Knowledge of MS Office VBA would be an asset
• Process Improvement experiences/ LEAN skills e.g. to design/establish new detailed processes, documentation skills, e.g. procedures/manual
• Ability to identify logical and innovative solutions to complex problems;
• Self-motivated, innovative and analytical;
• Possess good understanding of data migration, testing and reconciliations.

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.