Vice President,Trustee & Depositary Manager Job London area,Greater London England UK,Management

Location: Greater London

Vice President, Trustee & Depositary Manager About Us

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.

Job Description

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the Centre of the world’s financial system, we reach nearly 20% of the world’s investible assets. Every day, our 50,000+ employees around the globe bring the power of their perspectives to the table to create solutions with our clients that benefit businesses, communities, and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We’re seeking a Custody Oversight Specialist to join our Trustee and Depositary team. This role is based in London.

In this role, you will contribute in the following ways:

Reporting directly to the Head of Custody Oversight, the successful candidate will support management with day-to-day custody oversight activities in line with applicable laws, rules, regulations, procedures, and policies.
The candidate will operate within the Trustee and Depositary Custody Oversight framework, providing management with key information on the oversight lifecycle for in-scope custody delegation and inter-affiliate outsourcing arrangements, including initial appointment, ongoing monitoring, annual review, and termination.
The candidate will evaluate the performance of in-scope custody delegation and inter-affiliate outsourcing arrangements.
Prepare and maintain review schedules under the direction of the Head of Custody Oversight.
Complete scheduled reviews in line with the planned schedule and current procedures and policies.
Prepare and provide regular key risk indicators, performance indicators, and other relevant management information for in-scope arrangements.
Escalate any urgent matters to the attention of management.
Maintain an efficient and robust process for managing ongoing market incidents, issues, and concerns, including monitoring developments proactively and providing support, expertise and guidance on asset safety matters.
Assist in analyzing regulatory and market trends to identify potential risks to asset safekeeping and present proposals to mitigate those risks across businesses.
Operate with a high degree of independence, conduct analysis and lead program activity to align regulatory requirements and internal control standards.
Assist in the development and maintenance of meaningful tracking metrics for management reporting and escalation.
Participate in regular service review meetings.
Strengthening and enhancing the control environment by challenging current processes and recommending control improvements where appropriate.
Provid…