At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.    

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

Department overview:

Operations bring together BNY Mellon's key operational areas into one global team to better support the company's businesses and serve clients around the world. Operations help clients to conduct business, service assets, and engage in transactions in 36 countries and more than 100 markets.

Alternative Investment Services (AIS) Fund Accounting is a fast growing department responsible for ensuring timely and accurate preparation of the net asset value (NAV) and maintenance of accounts for Hedge Funds, Credit Funds, Private Market Funds, Real Estate Funds and Hybrid Funds investing across a wide variety of financial instrument types.

We perform full end-to-end fund valuation processing, offering a start to finish view from fund launch to client NAV delivery. We are a client facing team working directly with globally recognized investment managers.

Teams overview:

AIS – Real Estate accounting​

The Alternative Investment Services (AIS) Fund Accounting Department is responsible for a full site of administrative services to support real estate funds and property management. We perform end to end valuation processes mostly with daily, monthly, and quarterly deadlines. We have direct contact with our clients (fund managers) and liaise with several teams internally.

• Real Estate Funds NAV calculation​
• Full consolidation of company books​
• Cash Management​
• Regulatory Reporting​
• Accounts Payable​
• Financial Statements preparation

AIS – Hedge Fund accounting

The Alternative Investment Services (AIS) Fund Accounting Department is responsible for the preparation of net asset value (NAV) for a number of Hedge Funds investing in variety of financial instruments types such as equity, debt, derivatives and money market. We perform end to end valuation processes mostly with daily an monthly deadlines. We have direct contact with our clients (fund managers) and liaise with several teams internally.​

• Hedge Funds NAV calculation​
• Cash and Asset reconciliation​
• Trade reconciliation, pricing review​
• Corporate Actions review and booking​
• Expense booking / payment instructions​
• Fund audit support, onboarding and liquidation processing

AIS – Private Equity accounting​

The Alternative Investment Services (AIS) Fund Accounting Department is responsible for the preparation of net asset value (NAV) for a number of Private Markets Funds and Credit Funds investing in financial instruments such as private credit (loans). We perform end to end valuation processes mostly with quarterly deadlines. We have direct contact with our clients (fund managers) and liaise with several teams internally.​

• PE and PC funds NAV calculation​
• Cash and Asset reconciliation​
• Trade reconciliation, pricing review​
• Loan interest and paydowns reconciliation​
• Expense booking / payment instructions​
• Fund audit support, onboarding and liquidation processing

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

• 2-10 years of relevant experience (ex. General ledger accounting, audit, fund accounting, securities, corporate actions, regulatory reporting, reconciliation, asset servicing, Nav calculations, financial statements, etc.) *
• A good knowledge of financial instruments, accountancy, and an interest in financial services
• English fluency
• PC literacy, including proficient knowledge of Microsoft Office (especially Excel)

Note* - per various seniority roles our recruiter will guide you to find the best match for your skillset.

At BNY, our culture speaks for itself. Here’s a few of our awards: 

• America’s Most Innovative Companies, Fortune, 2024
• World’s Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
• Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
• “Most Just Companies”, Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
• Bloomberg’s Gender Equality Index (GEI), 2023
  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.