Associate, Fund Administration II
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 to join our team. The position is located in Lake Mary, Florida.
Requirements
- Bachelor’s degree in accounting or the equivalent combination of education and experience is required.
- 3-5 years of total work experience preferred.
- Experience in accounting or fund administration preferred.
- No direct people leadership responsibilities.
Responsibilities
- Perform a variety of fund administration activities for funds with more intricate portfolio assets and transactions, including expense allocation, budgeting, cash allocation, analysis of fund metrics and compliance.
- Calculate daily fund position and cash reconciliations for moderately complex funds and assist in resolving escalated discrepancies.
- Report and analyze fund revenues, expenses, profitability, and other key metrics.
- Work extensively with clients to communicate fund expense and performance information regarding moderately complex funds and answer questions about funds.
- Review fund data and monitor compliance with all regulatory, BNY Mellon, and client specifications.
- Collaborate with internal and external auditors to provide requested information of greater complexity.
- Compile and analyze fund performance data for inclusion in Board of Directors report materials.
- Review fund expense budgeting conducted by support staff.
- Provide guidance to less experienced team members as needed and contribute to the achievement of team objectives.
Benefits
- Highly competitive compensation
- Benefits and wellbeing programs
- Access to flexible global resources and tools
- Generous paid leaves
- Paid volunteer time
- 401(k) plan
- Company-sponsored medical, dental, vision, and basic life insurance plans
- Various paid time off benefits, such as vacation and sick time
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
