Specialist, Trustee & Depositary II

Job-ID: 80646Category: Trustee & DepositaryLocation: Frankfurt am Main, Hessen, GermanySchedule: Full time, DayPosted: 2026-09-16We’re seeking a future team member for the role of Specialist, Trustee & Depositary II to join our Depotbank department. This role is located in Frankfurt, Germany. Under the direction of the Team Manager, the Specialist is acting as daily contact person for designated clients / KVGs. The role is responsible for processing, T&D services to clients / KVGs to ensure delivery of correct regulation controls to clients / KVGs. The Specialist supports the Team Manager and other team members in ensuring that all controls and procedures being performed as well as helping to ensure that service levels meet and exceed client / KVG regulatory and legal requirements.The position requires knowledge of T&D (Depotbank) convention and techniques, understanding of Investment Compliance, workflows, procedures and controls and quality standards. The Specialist will be required to process the following tasks within the Depotbank department. They shall be executed within the guidelines and procedures provided by BNY and under the supervision and guidance of a Supervisor and Team Manager. The Specialist supports daily operational activities across Investment Compliance and Depotbank functions. Under the guidance of experienced team members, the Specialist performs controls, reviews fund prospectuses for UCITS and AIFs, assist with static data maintenance, and prepare. Your goal is to deliver error-free and on-time processing aligned to regulatory requirements and internal quality standards.In this role, you’ll make an impact in the following ways: The below list is not finite and may be added to. The combination of tasks required to be executed will vary depending on client structure, client requirements and business needs.German Investment Compliance duties Set Up and control of fee models in XentisSupport of fund EventsProvide input data for Depotbank fee calculations & prepare data hand-offs to the Billing Team.Control of fund static dataDevelop and maintain an understanding of the client / KVG business and market requirementsRespond to all client / KVG and BNYM in-house requests in a timely mannerDirect communication with clients and stakeholdersCreation, documentation and optimization of own workflows and processesPreparation of the relevant documentation for external and internal audit in close cooperation with senior team members and / or ManagementPerform and reviews daily / periodic controls as required or assignedEnsuring that daily workflows, procedures and controls are effectively executed in a timely mannerCollaborate closely with team members and interfaces across BNY.Handle internal & external queries diligently and on timeSupport 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 exposureParticipate in projects Keep up to date of internal and external developments (e.g. regulations) which could affect client services operationsQuality assurance standards development and implementationSupport in coordination of activities over Depotbank teams and other BNYM departmentsTo be successful in this role, we’re seeking the following: Education: Banking/business education or comparable qualification; early experience in investment Compliance or depotbank/compliance is a plus.Experience: 1–4 years relevant experience; proficiency with MS Office (Excel, Word); familiarity with relevant systems (e.g., Xentis) is a plus, with onboarding provided.Knowledge: Basic understanding of financial instruments (securities, FX, simple derivatives); willingness to develop knowledge of regulatory requirements.Working style: Accuracy, reliability, and accountability; structured and documentation-secure approach.Communication: Good written and verbal German and English; collaborative, client service mindset.Good communicator and Team playing spirit is a mustFrame of mind focused on productivity; willingness to take more duties, expand teamPreferred to have Process Improvement experiences / skills, e.g. to design / establish new detailed processes to run the company better, Documentation skills, e.g. procedures / manualStrong Risk Control: monitoring and adhering legal and compliance responsibilitiesAbout the organizationAt 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, 2025World’s Most Admired Companies, Fortune 2025“Most Just Companies”, Just Capital and CNBC, 2025Our 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.About the companyAt 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.