Associate, Trustee & Depositary I
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 and champions of inclusion, 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 Associate, Trustee & Depositary I to join our Trustee & Depositary team. This role is located in Pune, MH – HYBRID.
In this role, you’ll make an impact in the following ways:
- Drive operational efficiencies and streamline Unit Trust/OEIC administrative processes to increase cost savings and improve quality and quantity of output.
- Identify and implement operational efficiencies with focus on client ‘added value’ benefits, cost saving, and improved control of risk.
- Complete and implement internal monitoring programs for all Funds, ensuring work is completed in accordance with departmental procedures and required standards. Plan and prioritize the workload of the team ensuring coverage for all investment funds.
- Possess in-depth knowledge and understanding of Depository services and record keeping of fund’s assets.
- Periodically review standard operating process (“SOP”) documents and highlight necessary changes to senior members.
- Maintain an inventory of other assets not held at custodian and verify ownership of these assets.
- Perform out-of-bank reconciliation for other assets and validate reconciliation of notional amount/share par of other assets to ensure accuracy. Investigate and escalate breaks and follow up to resolution.
- Coordinate with internal stakeholders to gather, disseminate, and resolve basic information about fund transactions.
- Interact with Onshore parties to answer questions and resolve inquiries.
- Assist in resolving queries and technical issues where appropriate.
- Guide junior team members on complex transactions.
- Contribute to the achievement of team objectives.
To be successful in this role, we’re seeking the following:
- Bachelor’s degree or the equivalent combination of education and experience is required.
- 7-9 years of total work experience preferred, with at least 2-3 years in management. Prior Trustee experience preferred. Investment funds, auditing, or legal experience preferred. Experience in the financial industry is preferred.
- Effective written and oral communication skills with proven ability to communicate with onshore and team members.
- Attention to detail, strong organizational skills, and ability to prioritize to meet stringent demands and deadlines.
- Excellent technical and numerical skills with accurate data analysis and work checking.
- Quick to develop new skills and proactive approach towards learning and training.
- Ability to work flexible shift timings.
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, 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
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.