Manager Cash & Payments Team & UK Trustee & Depositary

BNY Mellon; Scotland; On-site; GBP 55,000 - 75,000; Full time

Job summary

A global financial services company in Edinburgh is seeking a Manager for the Cash & Payments Team. This role includes overseeing the payment process, managing payment risks, and mentoring staff. Candidates should have strong experience in Trustee and Depositary roles, excellent risk awareness, and stakeholder management skills. The company offers competitive compensation and benefits, fostering a culture of excellence.

Benefits

Competitive compensation

Generous paid leaves

Wellbeing programs

Qualifications

• Strong experience within Trustee and Depositary, Fund Administration or Asset Servicing.
• In-depth knowledge of FCA, CASS UCITS and AIFMD regulatory requirements.
• Proven people management experience within an operational or oversight environment.
• Strong risk awareness and understanding of control frameworks.
• Excellent stakeholder management and communication skills.

Responsibilities

• Oversee the end-to-end payment process across locations.
• Conduct service reviews and quality assurance assessments.
• Maintain up-to-date procedures in line with regulations.
• Manage payment related risks and incidents.
• Act as a key contact for internal stakeholders.
• Support change initiatives including regulatory change.

Skills

Trustee and Depositary experience

FCA, CASS UCITS, and AIFMD knowledge

People management

Risk awareness

Stakeholder management

Job description

Overview

This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.

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.

Role

We're seeking a future team member for the role of Manager, Cash & Payments Team to join our UK Trustee & Depositary team. This role is located in Edinburgh.

Responsibilities

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

• Oversee the end-to-end payment process across onshore and offshore locations, ensuring consistency of controls and standards
• Conduct regular service reviews, quality assurance assessments off offshore team ensuring service delivery meets agreed SLAs and KPIs
• Maintain up-to-date procedures and documentation in line with regulatory expectations
• Identify, manage and escalate payment related risks, incidents and breaches ensuring incidents, errors and near misses are logged investigated and resolved with root cause analysis
• Contribute at Operational Risk and Governance Forums
• Act as a key contact for internal stakeholders, including Compliance, Internal Audit, Risk and Client Management
• Escalation contact for client and internal stakeholder queries and escalations from the offshore team
• Support change initiatives, including regulatory change, new fund launches, onboardings and other fund changes
• Manage, develop and mentor the staff within the UK Cash and Payments Team, ensuring high standards of performance and technical knowledge
• Allocate workloads, set objectives, and conduct performance reviews
• Promote a strong risk-aware and control focused culture within the team
• Provide support to the other Fund Oversight Teams and the wider UK Trustee & Depositary teams

Qualifications

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

• Strong experience within Trustee and Depositary, Fund Administration or Asset Servicing
• In-depth knowledge of FCA, CASS UCITS and AIFMD regulatory requirements
• Proven people management experience within an operational or oversight environment
• Strong risk awareness and understanding of control frameworks
• Excellent stakeholder management and communication skills

Additional information

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

BNY Newsroom

BNY LinkedIn

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

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.