Best suited to candidates with regulatory and fiduciary expertise in collective investment funds, working in the UK financial services sector.
Derived from job-description analysis by Serendipath's career intelligence engine.
Original posting from BNY
We’re seeking a future team member for the role of Vice President, Regulatory & Technical Support to join our UK Trustee & Depositary Services team. This role is located in Edinburgh
In this role, you’ll make an impact in the following ways:
Review of, and provision of guidance on, all applicable scheme documentation (including prospectuses; instruments of incorporation; trust deeds; FCA applications; schemes of arrangement; investor circulars; and risk management policies), in each case from a depositary and fiduciary perspective, with a view to ensuring compliance with all applicable regulations; protection of investor interests; and adherence to evolving regulator expectations;
Providing high quality interpretation to fund manager clients, the depositary business, and the wider organisation in respect of regulatory and compliance matters relating to the interpretation of relevant regulations; and their application to technical aspects of collective investment fund operations
Collation and submission of regular regulatory reporting
Lead the analysis of regulatory change and support operational implementation / client conversations as necessary
Lead on, or support, client and stakeholder regulatory update sessions, including delivery of regulatory updates as part of client service review meetings, board presentations, sales pitches, client due diligence reviews
Support Client Management Team in the management of day-to-day client interactions – attending service review and other operational meetings as necessary, providing input into reporting as required
Represent the regulatory team in governance forums, and BNY in industry forums
Perform Issues/Embeddedness Testing reviews; assess remediation control design and operating effectiveness, document results, and drive follow‑up actions to closure.
Lead the review of trend analysis on issues, developing additional action plans as necessary
To be successful in this role, we’re seeking the following:
In-depth knowledge of the collective investment funds industry and the rules and regulations pertaining thereto (particularly as they relate to open-ended investment companies (OEICs); authorised unit trusts (AUTs); and authorised contractual schemes (ACS), in each case structured as UCITS; non-UCITS retail schemes (NURS); qualified investor schemes (QIS) and Long-Term Asset Funds (LTAF)
In-depth familiarity with authorised fund scheme documentation and the FCA authorisations process;
Strong risk awareness with a deep understanding of control frameworks, testing methodologies, and remediation life cycles
Strong communication and collaboration skills, with the ability to work effectively with stakeholders at all levels of the organization.
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.
Source: BNY careers