Overview

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.

We’re seeking a future team member for the role of Associate, Fund/Client Accounting II to join our Private Equity & Credit Fund Accounting team in Alternative Operations. This role is located in Wrocław, Poland – HYBRID. 

Department overview:

Operations bring together BNY'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. At every stage of the investments lifecycle - creating, trading, clearing, settling, holding, servicing, managing, distributing and restructuring assets - Operations are working to make BNY the recognized industry service quality and productivity leader. Operations manage investment monitoring, measurement and processing services for our clients. Our solutions include Securities Operations, Fund Administration, Transfer Agency, Outsourcing, Performance Measurement and other related services.

The Alternative Investment Services (AIS) 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 Equity and Credit Funds (PE&C), Real Estate Funds and Hybrid Funds investing in a wide variety of financial instrument types.[GM1] 

Team Overview: Private Equity & Credit Fund Accounting

The Private Equity & Credit Fund (PE&C) Accounting Team is responsible for the preparation of net asset value (NAV) calculations. The funds invest in financial instruments such as private loans and other private equity funds. The team performs an end-to-end valuation process, mostly working to quarterly deadlines in most instances. The team has direct contact with our clients (fund managers) and cooperate with several teams internally.

Your role:

The of Associate, Fund/Client Accounting II is primarily responsible for ensuring the timely and accurate completion of all fund Net Asset Valuations within the team. They are responsible for checking all work completed by Fund Accountants on the team and ensuring that all procedures and controls are being followed. The Senior Analyst is also responsible for completing tasks that carry higher levels of complexity. [GM2] 

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

• Preparation and review of fund valuations, timely delivery to external clients
• Preparation and review of capital call and distribution events, timely delivery of notices to investors
• Liaise with custodians, corporate trust, and other stakeholders to resolve any reconciliation issues
• Manage fund expense budgets and calculate fund performance.
• Review draft reports completed by more junior staff. 
• Liaise with external clients, investment managers and auditors.
• Ensure timely completion of  regulatory reporting and ad-hoc requests.
• Support the training and onboarding of new team members.

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

• Min. 2-3 years of relevant experience preferred (Fund Accounting experience is desirable or in related areas such as Transfer Agency, Corporate Trust, Financial Reporting, Audit or Reconciliations)
• Business English (min. B2)
• Strong attention to detail, adaptability and ability to plan ahead, communication skills
• Supervisory experience will be a strong asset
• Experience with preparing financial statements.

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.

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.