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 Man. Co/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 #Life. AtBNY is all about. Join us and be part of something extraordinary. 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.