Associate, Trustee & Depositary II at BNY

Frankfurt, Hesse, Germany -

Full Time

Start Date

Immediate

Expiry Date

04 Jun, 26

Salary

0.0

Posted On

06 Mar, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

German Investment Compliance, Fee Model Setup, Xentis, Fund Events Support, Depotbank Fee Calculations, Fund Static Data Control, Client Communication, Workflow Optimization, Documentation, Daily Controls Review, Risk Monitoring, Process Improvement, MS Office, Financial Instruments Knowledge, Regulatory Knowledge, German Language

Industry

Financial Services

Description

Specialist 2, Trustee & Depositary 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. We’re seeking a future team member for the role of Specialist 2, Trustee & Depositary to join our Fund Accounting Trustee & Depository Team. This role is located in Frankfurt, Germany. In this role, you’ll make an impact in the following ways: * German Investment Compliance duties * Set Up and control of fee models in Xentis * Support of fund Events * Provide input data for Depotbank fee calculations & prepare data hand-offs to the Billing Team. * Control of fund static data * Develop and maintain an understanding of the client / KVG business and market requirements * Respond to all client / KVG and BNYM in-house requests in a timely manner * Direct communication with clients and stakeholders * Creation, documentation and optimization of own workflows and processes * 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 workflows, procedures and controls are effectively executed in a timely manner * Collaborate closely with team members and interfaces across BNY. * Handle internal & external queries diligently and on time * Support Team in improving workflows in accordance with BNY procedures and controls, legal requirements and client requirements. * Monitor areas for risk and minimizes potential loss and exposure * Participate in projects * Keep up to date of internal and external developments (e.g. regulations) which could affect client services operations * Quality assurance standards development and implementation * Support in coordination of activities over Depotbank teams and other BNYM departments To be successful in this role, we’re seeking the following: * Banking/business education or comparable qualification; early experience in investment Compliance or depotbank/compliance is a plus. * 1–4 years relevant experience; proficiency with MS Office (Excel, Word); familiarity with relevant systems (e.g., Xentis) is a plus, with onboarding provided. * 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 speaks for itself, check out the latest BNY news at: BNY Newsroom [https://www.bny.com/corporate/global/en/about-us/newsroom.html] BNY LinkedIn [https://www.linkedin.com/company/bnyglobal/posts/?feedView=all] Here’s a few of our recent awards: * America’s Most Innovative Companies, Fortune, 2025 * World’s Most Admired Companies, Fortune 2025 * “Most Just Companies”, Just Capital and CNBC, 2025 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.

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Responsibilities

This role involves executing German Investment Compliance duties, setting up and controlling fee models in Xentis, and supporting fund events, including providing data for Depotbank fee calculations. Responsibilities also include responding to client requests, creating and documenting workflows, and performing daily/periodic controls.