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 Associate Fund Administration II- to join our Fund Administration team, this role 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
- 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 respond to related inquiries
- 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
- 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.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Industry
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Number of Employees
5,001-10,000 employees
