Overview

Contract Job Title: Senior Associate, Fund/Client Accounting / Associate, Fund/Client Accounting II/I

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:

The Alternatives Fund Accounting Department is responsible for ensuring the timely and accurate preparation of daily net asset value (NAV) for a number of complex Hedge Funds, Credit Funds, Private Market Funds, Real Estate Funds and Hybrid Funds investing in a wide variety of financial instrument types.

The team is dedicated to working collaboratively with high standards and attention to detail. We are looking for a colleague that shares our passion and desires professional growth.

Team overview:

The Alternatives Fund Accounting Department is responsible for the preparation of net asset value (NAV) for a number of Hedge Funds investing in a variety of financial instrument types such as equity, debt, derivatives and money market. We perform end to end valuation processes mostly with daily and 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 

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

• Responsible for reviewing client accounting books and records
• Liaising and responding to clients and third parties, ensuring that client and third-party requests or queries are dealt with appropriately. 
• Proactively identifying exceptions and problems affecting accounting records
• Implementing efficient processes and driving changes to the operating model
• Building effective relationships with key internal and external stakeholders

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

• 2-10 years of relevant experience in fields like Fund Accounting, Accounting, Transfer Agency, Financial Reporting, Pricing, Reconciliation, Corporate Actions or Audit 
• Knowledge of financial instruments & markets
• Communicative English (min B2)
• Desire to gain knowledge and develop skills
• Attention to detail
• Good command of MS Excel

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.

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.