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 Fund Oversight Specialist to join our Trustee & Depositary team. This role is located in Edinburgh
In this role, you’ll make an impact in the following ways:
- Reviewing daily oversight activities including cash movements and balances across fund accounts, applying sound judgment to investigate exceptions, unusual activity, and emerging risk indicators.
- Reviewing of cash reconciliation across multiple accounts and fund structures; drive control of breaks, aged items, coordinating root-cause analysis and sustainable remediation with operations and service partners.
- Provide senior review and challenge of NAV production outputs for accuracy, completeness, and timeliness; interrogate pricing issues, unusual movements, and material valuation variances, escalating where appropriate.
- Lead investigation of NAV breaks, coordinating with operational and data teams to ensure timely resolution.
- Oversee monitoring of investment and borrowing restrictions in line with regulatory requirements, prospectus limits and internal procedures.
- Review and classify breaches, ensure timely escalation, and support governance forums with clear risk-based commentary.
- Act as a key point of contact partnering with other BNY teams to deliver daily, weekly, and monthly oversight activities, ensuring consistent service delivery and effective management of escalations.
- Identify, prioritise, and lead process and control improvements to strengthen oversight, improve efficiency, and reduce operational and reputational risk; support implementation through testing and embedding.
- Build and maintain strong working relationships with stakeholders across locations and functions, influencing priorities to support issue resolution, knowledge sharing, and continuous improvement.
- Produce and analyse management information (MI) and key risk/control metrics, highlighting trends, themes, and recurring issues, and proposing targeted actions to improve outcomes.
- Provide guidance, peer review, and on-the-job coaching to less experienced team members, supporting quality, consistency, and knowledge transfer across the team.
- Represent the team in stakeholder forums as required, communicating clearly on issues, risks, and remediation plans, and driving alignment on priorities and delivery timelines.
- Support the oversight and execution of payment processes in line with regulatory requirements.
- Support change initiatives, including regulatory changes, new fund launches, onboardings and other fund changes.
- Deliver strong oversight of record keeping and ownership verification controls, ensuring accuracy and regulatory compliance
To be successful in this role, we’re seeking the following:
Strong experience in fund operations, fund accounting, depositary, trustee, custody, or oversight functions.
Knowledge of UCITS, AIFMD, or similar regulatory frameworks.
Experience investigating exceptions, managing escalations, and operating within a strong control framework.
Strong communication and collaboration skills, with the ability to work effectively with stakeholders at all levels of the organization.
Strong analytical skills and high attention to detail.
Strong sense of ownership, accountability, and risk awareness.
Ability to prioritize across multiple deadlines and manage a varied workload.
At BNY, our culture speaks for itself, check out the latest BNY news at:
BNY Newsroom
BNY LinkedIn
Here’s a few of our recent awards:
America’s Most Innovative Companies, Fortune, 2025
World’s Most Admired Companies, Fortune 2025
“Most Just Companies”, Just Capital and CNBC, 2025
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.
About UsAt 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. About the TeamAt BNY, our culture speaks for itself, check out the latest BNY news at: BNY Newsroom & BNY LinkedIn
Here’s a few of our recent awards:
- America’s Most Innovative Companies, Fortune, 2025
- World’s Most Admired Companies, Fortune 2025
- “Most Just Companies”, Just Capital and CNBC, 2025
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.
Skills Required
- Strong experience in fund operations, fund accounting, depositary, trustee, custody, or oversight functions
- Knowledge of UCITS, AIFMD, or similar regulatory frameworks
- Experience investigating exceptions, managing escalations, and operating within a strong control framework
- Strong communication and collaboration skills
- Strong analytical skills and high attention to detail
- Strong sense of ownership, accountability, and risk awareness
- Ability to prioritize across multiple deadlines and manage a varied workload
BNY Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about BNY and has not been reviewed or approved by BNY.
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Healthcare Strength — Health coverage includes comprehensive options with a $0‑premium plan for eligible lower earners, expanded mental‑health support with personalized therapy, and strong income protection through short‑ and long‑term disability. These features have been recently enhanced and are paired with dental and vision coverage.
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Parental & Family Support — Parental leave provides 16 weeks of fully paid time for all parents, with added support such as adoption assistance. This breadth offers strong coverage for major family events.
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Retirement Support — The 401(k) program includes a company match and Roth options to support long‑term savings. Additional financial programs like tuition assistance and savings vehicles complement retirement readiness.
BNY Insights
What We Do
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 240 years we have partnered alongside our clients to create solutions that benefit businesses, communities and people everywhere.
