Senior Specialist, Trustee & Depositary

BNY; Amsterdam; On-site; EUR 60,000 - 80,000; Full time

Benefits offered by this job

Highly competitive compensation

Access to wellbeing programs

Generous paid leaves

Job summary

A financial services provider in Amsterdam is looking for a Senior Specialist for the Trustee & Depositary team. Your role involves monitoring fund cash flows, asset safekeeping, and managing relationships with clients. Candidates should hold a bachelor's degree in accounting or finance and possess strong communication skills in English and Dutch. The position offers competitive benefits and a focus on wellbeing and financial goals.

Qualifications

• Strong attention to detail is essential.
• Ability to prioritize, plan, and organize independently.
• Knowledge of accounting and interest in fund administration is a plus.

Responsibilities

• Conduct due diligence and risk assessments on client procedures.
• Review fund transactions for compliance and accuracy.
• Document depositary reviews and correspondence.
• Liaise with fund managers to resolve errors and queries.
• Assist in onboarding of new funds and drafting agreements.
• Prepare client and regulatory reports.

Skills

Excellent communication skills in English and Dutch

Excellent numeric and analytical skills

Strong observational skills

Ability to establish and develop effective relationships

Ability to work independently and as part of a team

Education

Bachelor’s degree in accounting, finance, or equivalent working experience

Job description

Overview

Senior Specialist, Trustee & Depositary role with the Asset Servicing team in Amsterdam. The depositary function includes monitoring fund cash flows, safekeeping assets, and performing oversight and control tasks such as asset valuation, NAV calculation, and compliance with investment policies and restrictions. You will manage your own clients and be the primary point of contact for all depositary-related matters concerning your assigned funds.

Responsibilities

• Conduct due diligence and risk assessments on client procedures and processes.
• Review and validate fund transactions and activities, such as subscriptions and redemptions, compliance with the funds’ investment strategy, and ensuring accurate asset valuation and NAV calculation.
• Document all depositary reviews and related correspondence with fund managers.
• Liaise with fund managers to log and resolve errors, breaches, and queries promptly.
• Assist in onboarding of new funds through drafting depositary agreements, documenting workflows, and conducting risk assessments.
• Prepare client and regulatory reports.
• Participate in projects and topics relevant to professional development, including crypto-assets, artificial intelligence, machine learning, and blockchain technology.

Qualifications

• At least a bachelor’s degree in accounting, finance, or equivalent working experience
• Excellent communication skills in English and Dutch
• Excellent numeric and analytical skills with strong attention to detail
• Strong observational skills and a critical and persistent attitude
• Ability to establish and develop effective relationships
• Ability to work independently (prioritizing, planning and organizing) but also as part of a team
• Highly motivated to ensure work is completed within deadlines and to a high standard
• Demonstrates initiative and takes ownership
• Knowledge of accounting, interest in laws and regulations, and understanding of fund administration business is a plus

Benefits

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and a pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey, with a focus on health, resilience, and financial goals, as well as generous paid leaves and volunteer time.

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.