Specialist, Trustee & Depositary

We’re seeking a future team member for the role of Specialist, Trustee & Depositary to join our Trustee & Depositary team. This role is located in Frankfurt.

In this role, you’ll make an impact in the following ways: 

• Under the direction of the Team Manager, acting as daily contact person for designated clients / KVGs. 
• The role is responsible for processing, T&D services to clients / KVGs to ensure delivery of correct regulation controls to clients / KVGs. 
• Supports the Team Manager and other team members in ensuring that all controls and procedures being performed as well as helping to ensure that service levels meet and exceed client / KVG regulatory and legal requirements.
• The position requires knowledge of T&D (Depotbank) convention and techniques, understanding of Investment Compliance, workflows, procedures and controls and quality standards
• Process the following tasks within the Depotbank department. 
• They shall be executed within the guidelines and procedures provided by BNY and under the supervision and guidance of a Supervisor and Team Manager
• Under the guidance of experienced team members, the analysts performs controls, reviews fund prospectuses for UCITS and AIFs, assist with static data maintenance, and prepare. 
• Goal is to deliver error-free and on-time processing aligned to regulatory requirements and internal quality standards
• Develop and maintain an understanding of the client / KVG business and market requirements
• Respond to all client / KVG and BNY in-house requests in a timely manner
• Preparation of the relevant documentation for external and internal audit in close cooperation with senior team members and / or Management
• Perform and reviews daily / periodic controls as required or assigned
• Ensuring that daily work flows, procedures and controls are effectively executed in a timely manner
• Support Team in improving work flows in accordance with BNY procedures and controls, legal requirements and client requirements.
• Monitor areas for risk and minimizes potential loss and exposure 
• Participate in special projects as required.
• Keep  up to date of internal and external developments (e.g. regulations) which could affect client services operations
• Support in coordination of activities over Depotbank teams and other BNY departments 

To be successful in this role, we’re seeking the following: 

• Education: Banking/business education or comparable qualification; early experience in investment Compliance or depotbank/compliance is a plus.
• Experience: 1–4 years relevant experience.
• Proficiency with MS Office (Excel, Word).
• Familiarity with relevant systems (e.g., Xentis) is a plus, with onboarding provided.
• Knowledge: Basic understanding of financial instruments (securities, FX, simple derivatives); willingness to develop knowledge of regulatory requirements
• Accuracy, reliability, and accountability; structured and documentation-secure approach. 
• Good written and verbal German and English; collaborative, client service mindset.
• Good communicator and Team playing spirit is a must.
• Frame of mind focused on productivity; willingness to take more duties, expand team.
• Preferred to have Process Improvement experiences / skills, e.g. to design / establish new detailed processes to run the company better, Documentation skills, e.g. procedures / manual
• Strong Risk Control: monitoring and adhering legal and compliance responsibilities

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.