At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective 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 future team member for the role of Senior Vice President to join our Trust & Depositary team. This role is located in Dublin and is Hybrid.
In this role, you’ll make an impact in the following ways:
- Work closely with the Head of Fund Oversight to build and Lead a dedicated Depositary oversight and control function which will have primary responsibility for the ongoing oversight of outsourced depositary administrative support tasks and activities together with progressing the onshore completion of all relevant depositary reviews
- Design and implement an agile, risk-based plan of Depositary Embedded Control / quality control reviews and activities for the Fund Oversight function, covering both off-shore and onshore processes with a view to ensuring all Depositary Controls are operating effectively and as designed and in line with regulatory requirements / CBI communications.
- Ensure clear and timely out-put from embedded control reviews / quality control testing activities is provided to the Head of Depositary with recommendations for enhancements documented.
- Work closely with the Head of Depositary to enhance existing controls where necessary.
- Work closely with the Head of Depositary and relevant Depositary Function leads to ensure the function is well prepared for reviews undertaken by 3 rd parties including regulatory inspections and the 2 nd and 3 rd lines of defence.
- Work closely with colleagues in other EMEA T&D locations to progress on-going standardization of processes and key controls.
- Oversee the implementation within Ireland T&D of all findings and recommendations from 1 st , 2 nd and 3 rd Line of Defence reviews pertaining to the Depositary Oversight and Control team and related outsourced activities.
- Manage the relationship between Ireland T&D and inter-affiliate utilities performing administrative support activities for Ireland T&D. Ensure the quality of service provided by the utility is at a high standard through ongoing embedded control testing / reviews and ensure all aspects of the service fully adhere to regulatory requirements / permissions.
- Provide updates / reporting on Depositary Oversight Operations and embedded control activities / testing to relevant Ireland Trustee & Depositary governance forums.
- Input and report to the Depositary governance forums as required, including deputising for the Head of Depositary as required.
Input and participate as required in supporting other ad-hoc projects and tasks as required by the Head of Depositary.
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To be successful in this role, we’re seeking the following:
- Strong knowledge and understanding of the Investment Funds Industry
- Professional qualification in Accountancy discipline desirable
- Third level qualification to at least degree level preferably in business/legal related discipline.
- PC Literacy & Ability to operate Depositary and Fund Administration Systems
- Self-motivation with the ability to work independently and as part of a team.
- Ability to identify risk areas and design review programs accordingly.
- Strong communication and client relationship management skills.
- Proactive, focused attitude towards work and an ability to consistently meet deadlines.
Flexible mindset with the ability to manage multiple client relationships and the ability to provide cross cover for clients managed by other team members
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At BNY, our culture speaks for itself. Here’s a few of our awards:
- America’s Most Innovative Companies, Fortune, 2024
- World’s Most Admired Companies, Fortune 2024
- Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
- Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024
- “Most Just Companies”, Just Capital and CNBC, 2024
- Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
Bloomberg’s Gender Equality Index (GEI), 2023
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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.