Associate, Fund Administration I

BNY Mellon • Lake Mary, FL

5d

About The Position

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary. We’re seeking a future team member for the role of Fund Administration - IC1 to join our Fund Administration team. This role location is based in Lake Mary FL. In this role, you’ll make an impact in the following ways:

Requirements

• Bachelor’s degree in accounting or the equivalent combination of education and experience
• 0-3 years of total work experience preferred
• Experience in accounting or fund administration preferred
• No direct reports

Responsibilities

• Perform a variety of fund administration activities, including expense allocation, budgeting, cash allocation, analysis of fund metrics and compliance
• Calculate daily fund position and cash reconciliations, resolve discrepancies and escalate issues to more senior colleagues
• Synthesize, report and assist in analyzing fund revenues, expenses, profitability and other key metrics
• Work with clients to communicate fund expense and performance information, and answer straightforward questions about funds
• Review fund data and monitor compliance with all regulatory, BNY Mellon and client specifications
• Work with internal and external auditors to provide requested information
• Compile and assist in analyzing fund performance data for inclusion in Board of Directors report materials
• Review fund expense budgeting conducted by support staff
• Contribute to the achievement of team objectives

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level