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BNY

Safeguards and moves assets for investors

Team Lead Fund Risk Controlling Senior Vice President - Fund Reporting Manager

Full-Time
No salary listed
Senior, Expert
Bachelor's
Frankfurt, Germany
In Person
Finance & BankingRisk Management

About the job

Requirements
  • 5–10 years of relevant professional experience, preferably in Fund Risk Controlling, Investment Compliance, or a similar financial services environment.
  • At least 2–3 years of leadership experience in a supervisor or team lead capacity, with demonstrated ability to lead teams effectively and develop talent.
  • Bachelor’s degree in Finance, Business, Economics, or a related discipline, or the equivalent combination of education and experience.
  • Strong understanding of fund risk controlling disciplines, including investment compliance monitoring, leverage calculations, market risk, VaR methodologies, liquidity risk measurement, and regulatory risk reporting.
  • Experience with German regulatory requirements and reporting standards applicable to investment funds, including AIFMD and German derivatives ordinance reporting.
  • Strong leadership, organisational, and stakeholder management skills, with the ability to operate effectively in a dynamic international environment.
  • Excellent communication skills, including experience in written and verbal client communication.
  • Advanced German language skills and fluent spoken and written English.
  • Strong MS Office skills and a high level of comfort working with data, controls, and reporting processes.
  • Ability to work under pressure, manage competing priorities, and deliver with speed and accuracy.
  • Flexibility and adaptability with respect to changing tasks, deadlines, and scope of responsibility.
Responsibilities
  • Lead a team of fund risk controlling specialists, ensuring effective prioritisation, high-quality output, strong collaboration, and continuous professional development.
  • Own the execution and enhancement of fund risk controls and reporting processes, including ex-post investment compliance checks, leverage calculations, market risk measurement, VaR analysis, liquidity risk monitoring, and related validations.
  • Direct the regular production and continuous improvement of regulatory and non-regulatory fund risk reporting, including quarterly AIFMD reporting, annual German derivatives ordinance reporting for UCITS funds, quarterly VaR backtesting outlier reporting, and monthly client risk reporting.
  • Design, implement, and refine rules for regulatory, contractual, and internal investment compliance restrictions to ensure robust control environments and consistent monitoring standards.
  • Drive the development and enhancement of fund risk controlling methodologies, reporting frameworks, and analytical solutions in alignment with German regulatory requirements and best industry practices.
  • Act as a senior advisor to clients on fund risk controlling and reporting matters, providing clear guidance, insight, and resolution for complex queries.
  • Serve as the primary contact for auditors on fund risk controlling and risk reporting topics, coordinating responses, documentation, and review processes.
  • Represent the team in cross-departmental initiatives and external industry forums, including relevant BVI working groups, helping shape and respond to evolving market and regulatory developments.
  • Identify and implement process improvements to enhance efficiency, control quality, scalability, and service delivery.
  • Maintain strong working relationships across internal teams, serviced clients, service providers, and auditors to support consistent and effective delivery.
  • Support the implementation of process changes arising from regulatory developments, client requirements, or internal transformation initiatives.
  • Track quality, timeliness, and control effectiveness across core processes and drive remediation or enhancement actions where needed.

About the company

BNY safeguards financial assets and runs investment services for institutions, investment firms and wealthy clients around the world. Its custody business keeps clients' securities safe and handles the records and transactions needed to administer investment funds. Banks and brokers use its systems to settle trades, manage collateral and send payments, while its investment and wealth businesses manage portfolios and advise clients. It earns servicing and management fees as well as interest on loans and securities funded by client deposits. BNY traces its roots to the Bank of New York, founded by Alexander Hamilton in 1784, and is headquartered in New York City.

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1784

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Simplify's Take

What believers are saying

  • BNY's growth funds expansion: July 2026 results showed quarterly revenue rising 13% to $5.7 billion.
  • BNY is opening payment channels: September 2026 Pay-to-Wallet connected banks to retail wallets, with Kookmin among initial users.
  • Analysts build transferable skills: BNY's 24-month program combines rotations, mentoring and AI learning pathways.

What critics are saying

  • Staff stability has weakened: February 2026 reporting shows BNY headcount fell 7% in 2025.
  • Investment demand weakened: BNY reported $17 billion of net outflows in the quarter ending March 2026.
  • Investment fees face pressure: BNY reports demand shifting toward lower-fee asset-management products and performance-based charges.

What makes BNY unique

  • BNY anchors institutional finance: its custody and administration footprint reached $62.6 trillion in June 2026.
  • BNY occupies critical government-market plumbing: it is the primary provider of U.S. government securities clearance.
  • BNY reaches brokerage customers through Pershing: its clearing platform supports 8.6 million global client accounts.

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Benefits

Health Insurance

Paid Vacation

Flexible Work Hours

Remote Work Options

Unlimited Paid Time Off

Company News

Yahoo Finance
Oct 14th, 2026
BNY Q3 earnings preview: 9.6% revenue growth expected after $5.70B beat

BNY will report third-quarter earnings on Thursday before market open. Analysts expect revenue to grow 9.6% year on year, compared with a 9.1% rise in the same quarter last year. Last quarter, the company beat revenue expectations with $5.70 billion, up 13.3% year on year. It also beat analysts' earnings per share estimates, and has a history of topping Wall Street forecasts. Among peers, Goldman Sachs reported 23% revenue growth, beating estimates by 11.5%. Jefferies posted 8.5% growth, topping estimates by 1.1%, and its shares fell 1.3%. BNY shares are down 10.7% over the last month, against a 5.5% average fall for capital markets stocks. The average analyst price target is $163.47, versus a share price of $140.78.

Digital Asset
Oct 4th, 2026
Digital Asset Announces Strategic Investments from BNY, iCapital, Nasdaq, and S&P Global

Digital Asset, the creator of the Canton Network and a leader in privacy-enabled blockchain technology for global financial markets, today announced a new strategic investment from BNY, iCapital, Nasdaq, and S&P Global

Wealth Management
Sep 10th, 2026
Luminary raises $22M to scale AI wealth transfer platform supporting $500B in assets

Luminary, an AI-native wealth transfer and administration platform, has raised $22 million in Series A funding led by Ten Coves Capital. The round included participation from BNY and 8VC, bringing total funding to nearly $32 million since launching in 2021. The platform ingests estate documents and converts them into structured data that powers workflows for financial advisors, trust companies, law firms and accounting firms. This helps them scale guidance on tax-efficient wealth transfer strategy and trust administration. Luminary currently supports client assets totalling more than $500 billion. Customers include Caprock, IEQ Capital and Wealth Enhancement Group. The funding will be used to expand AI capabilities, integrations and administrative workflows, whilst growing the sales and business development teams.

Yahoo Finance
Sep 6th, 2026
BNY Mellon's $62.6T custody business drives 70% of revenue through steady fee-based model

BNY Mellon, the world's largest custody bank, oversees $62.6 trillion in client assets, primarily from pension funds, mutual funds, and other institutional investors. The bank generated $5.7 billion in revenue in the second quarter, up 13% year over year, with 70% derived from asset custody and servicing fees. Custody banks hold and service assets for large institutional customers, operating with a fee-based business model that generates reliable earnings across market cycles. BNY Mellon's fees increase as asset levels rise through appreciation or net inflows. The bank also earns revenue from investment management and interest income from sweep accounts, where idle client cash is invested in high-yielding instruments. As one of a handful of major custody banks, BNY Mellon benefits from a competitive moat and has been the best-performing bank stock over the past five years.

American Market News
Sep 6th, 2026
Bank of New York Mellon Corp Makes New $4.22 Million Investment in The Pennant Group, Inc. $PNTG

Bank of New York Mellon Corp acquired a new stake in The Pennant Group, Inc. (NASDAQ:PNTG – Free Report) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 114,332 shares of the company’s stock, valued at approximately $4,225,000. Other hedge funds also recently made changes to their positions in the company. Caitong International […]