Overview
Contract Job Title: Associate, Fund/Client Accounting 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.
We’re seeking a future team member for the role of Associate, Global Institutional Accounting I to join our existing Global Institutional Accounting team.This role is located in Wrocław, Poland - hybrid.
As a Global Institutional Accounting Analyst, your main responsibility will be to conduct daily, weekly, and monthly reviews of various investment portfolios. The role requires attention to details while validating positions, prices, incomes, and transactions between the records of BNY and custody or investment managers of the bank's clients. You will be an integral part of a team, ensuring all services and projects are delivered within the specified timeframes.
To excel in this role, you should be a well-organized individual with a desire to develop your skills in the accounting and finance area. Any prior experience in related fields will be considered advantageous. Excellent communication skills and the ability to work collaboratively with a variety of stakeholders are essential.
In this role, you’ll make an impact in the following ways:
- Analyzing data reconciliations, resolving accounting exceptions, identifying trends, providing root cause analysis, and monitoring the funds data on an ongoing basis.
- Assisting in generating daily, weekly, and monthly reports, utilizing your understanding of the stock record and foundational accounting principles.
- Conducting in-depth data analysis of reconciliations and leading engagements across business areas. You will identify trends, provide complex root cause analysis, and execute recommendations to improve financial reporting processes.
- Examining and interpreting discrepancies in data between internal and external systems, including accounting and custody positional and transactional records, and conducting root-cause analysis to determine the reasons for such differences.
- Conducting analysis of cash and asset reconciliations for clients' collective investment portfolios, ensuring timely and accurate delivery in accordance with established timetables and service level agreements (SLAs).
- Serving as a point of contact for internal and external stakeholders, answering questions and resolving issues related to fund reports and accounting processes.
- Participating in technical testing and implementation of accounting software, ensuring that our systems are up-to-date and able to meet the evolving needs of our clients.
To be successful in this role, we’re seeking the following:
- Excellent written and oral communication skills in English (min. B2 level).
- At least 1 year of relevant work experience (fund accounting, reconciliation, reporting, cash processing, etc.)
- Good understanding of the different securities available in the market – bonds, equities, derivatives – as well as various market events (e.g. corporate actions).
- Experience of using Microsoft Office products, in particular manipulating Excel spreadsheets. Utilizing advanced functions would be desirable.
- Analytical skills with a proven track record of working with comprehensive financial/numerical data. Experience working with large and complex databases and an ability to understand how they function/interact will be preferred.
- Accounting/ Economics/ Finance / Math’s university degree or the equivalent combination of education and experience is required.
At BNY, our inclusive 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:
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.
