Associate, Trustee & Depositary I

Associate, Trustee & Depositary I

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 Associate, Trustee & Depositary I to join our Trustee & Depositary team. This role is located in Pune, Maharashtra -HYBRID.

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

• 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 added value 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 s assets.
• Periodic review of standard operating process ( SOP ) 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 s 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 instruments not held in custody and resulting breaks are investigate/escalated and follow up to conclusion.
• Coordinating with internal stakeholders to gather, disseminate, and resolve basic information about fund s transactions.
• Interacts with Onshore parties in answering questions and resolving inquiries.
• Assisting in resolving queries/technical issues where appropriate.
• Assisting/guiding junior team members for complex transaction.
• Contributes to the achievement of team objectives.

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

• Bachelor s 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, 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.