BNY Mellon
Head of Custody Services (PCF36)
5 days agoWhat's your preference?
Job Description
- Req#: 67217
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 PCF-36 Head of Custody to join our Trustee & Depositary team. This role is located in Dublin, Ireland and has a hybrid working arrangement with 4 days per week spent in the office.
In this Pre Approved Control Function (PCF) role, you’ll make an impact in the following ways:
· Ownership and responsibility for overseeing custody services, including safekeeping and ancillary core custody operational services, provided to Irish Regulated Funds serviced by the T&D line of business.
· Ensuring compliance with the Bank of Ireland’s Cross Industry Guidance on Outsourcing, as it relates to custody services.
· Prepare and provide regular key risk / performance indicators and other relevant management information in relation to the ongoing monitoring of the sub-custodian network, escalating urgent matters to the attention of management when applicable.
· Maintain an efficient and robust process around managing ongoing market incidents / issues/ concerns and overseeing / monitoring any such situations in a proactive manner.
· Analyzing regulatory and market trends or changes to determine potential risks to the safekeeping of assets and presenting proposals on how to mitigate risks across the business.
· Strengthen and enhance the control environment by challenging current processes and introducing new control enhancements as needed.
To be successful in this role, we’re seeking the following:
· In depth knowledge of custody services in particular where they apply to Depositaries.
· Experience of dealing with the regulatory bodies in matters related to thematic reviews, PRISM visits/reviews, outsourcing requirements and general communications preferred.
· Good knowledge of AIFMD and UCITS regulations and their application to Irish Regulated Funds
· Ability to work under pressure and meet tight deadlines in a demanding and highly regulated environment.
· Strong collaboration, communication and influencing skills with all levels of colleagues and stakeholders.
· People Leadership requirement
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
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 the company
The Bank of New York Mellon Corporation, commonly known as BNY Mellon, is an American investment banking services holding company headquartered in New York City.
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