Vice President, Trustee & Depositary Manager I

Year    Pune, Maharashtra, India

Job Description


:Bring your ideas. Make history.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world\'s top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the \xe2\x80\x9cbank of banks\xe2\x80\x9d - 97% of the world\xe2\x80\x99s top banks work with us as we lead and serve our customers into the new era of digital.With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we\xe2\x80\x99re approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.We\xe2\x80\x99re seeking a future team member for the role of Vice President to join our BNY Mellon Trustee and Depositary team. This role is located in Pune, HYBRID Model.Shift Timings: 12:00 pm to 8:30 pm (subject to change as per business requirement)In this role, you\xe2\x80\x99ll make an impact in the following ways:

  • Oversees staff management (including goals/objectives), development and succession planning. Ensures team KRI\xe2\x80\x99s are met or escalate areas of concern in relation to resourcing. Oversees the selection and recruitment of staff.
  • Drives operational efficiencies and streamline Unit Trust/OEIC administrative processes to increase cost savings and to increase quality and quantity of output.
  • Identifies and implements operational efficiencies with focus on client \xe2\x80\x98added value\xe2\x80\x99 benefits, cost saving and improved control of risk.
  • Completes and implements of internal monitoring program for all Funds, ensuring that work is completed in accordance with the departmental procedures and to the required standards. Plans and prioritizes the workload of the team ensuring there is coverage for all investment funds.
  • Possess in depth knowledge and understanding of Depository services and record keeping of fund\xe2\x80\x99s assets.
  • Periodic review of standard operating process (\xe2\x80\x9cSOP\xe2\x80\x9d) document and highlighting necessary changes required to senior member.
  • Candidate should possess in depth knowledge and understanding of Depository services and record keeping of fund\xe2\x80\x99s assets
  • Responsible for maintaining an inventory of other assets which are not held at custodian.
  • Responsible for verifying and keeping track on ownership of other assets.
  • Responsible for out of bank reconciliation for other assets.
  • Responsible for validating and reconciliation of notional amount/share par of other assets are up to date and accurate.
  • Responsible for reconciliation of cash/assets of other asset instrument not held at custody and resulting breaks are investigate/escalated and follow up to conclusion.
  • Coordinating with internal stakeholder to gather, disseminate, and resolve basic information about fund\xe2\x80\x99s transactions.
  • Interacts with Onshore parties in answering question and resolving inquiries.
  • Assisting in resolving queries/technical issues where appropriate.
  • Assisting/guiding junior team member for complex transaction.
  • Contributes to the achievement of team objectives.
To be successful in this role, we\xe2\x80\x99re seeking the following:
  • Bachelor\xe2\x80\x99s degree or the equivalent combination of education and experience is required.
  • 7-9 years of total work experience is preferred with at least 02-3 years in management. Prior Trustee experience preferred. Investment funds, auditing or legal experience preferred. Experience in financial industry is preferred.
  • Effective written and oral communication skills with a proven ability to communicate with onshore and team members.
  • Attention to detail, good organization skills and the ability to prioritize in order to meeting stringent demands and deadline.
  • Excellent technical and numerical skills with accurate data analysis and checking of work.
  • Quick to develop new skills and a proactive approach towards learning and training.
  • Able to work in flexible shift timings.
At BNY Mellon, our inclusive culture speaks for itself. Here\xe2\x80\x99s a few of our awards:
  • Fortune World\xe2\x80\x99s Most Admired Companies & Top 20 for Diversity and Inclusion
  • Bloomberg\xe2\x80\x99s Gender Equality Index (GEI)
  • Human Rights Campaign Foundation, 100% score Corporate Equality Index
, Disability: IN \xe2\x80\x93 100% score * 100 Best Workplaces for Innovators, Fast Company
  • CDP\xe2\x80\x99s Climate Change \xe2\x80\x98A List\xe2\x80\x99
Our Benefits:BNY Mellon 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\xe2\x80\x99s 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 that can support you and your family through moments that matter. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.Our ambition is to build the best global team \xe2\x80\x93 one that is representative and inclusive of the diverse talent, clients and communities we work with and serve \xe2\x80\x93 and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

BNY Mellon

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Job Detail

  • Job Id
    JD3310039
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Pune, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year