Senior Specialist, Regulatory & Technical Support, UK 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 Senior Specialist, 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

• Assist the regulatory and technical team with analysis of regulatory change

• Perform Issues/Embeddedness Testing reviews; assess remediation control design and operating effectiveness, document results, and drive follow‑up actions to closure.

• Support 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.

• Strong analytical skills and high attention to detail, sense of ownership, accountability, and risk awareness.

• Ability to prioritize across multiple deadlines and manage a varied workload.

At BNY, our culture speaks for itself, check out the latest BNY news at:

BNY Newsroom

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 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.