Specialist, Fund Administration II

Bank of New York Mellon•Boston, MA

6h•$52,000 - $106,000•Hybrid

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 Specialist, Fund Administration II to join our Fund Administration team. This role is located in Boston, MA. Four days in-office per week requirement.

Requirements

Bachelor’s degree in accounting or the equivalent combination of education and experience is required.
Provides guidance to less experienced team members as needed; no direct reports.

Nice To Haves

3-5 years of total work experience preferred.
Experience in accounting or fund administration preferred.

Responsibilities

Performs a variety of fund administration activities for funds with more intricate portfolio assets and transactions.
Calculates daily fund position and cash reconciliations for moderately complex funds and assists in resolving escalated discrepancies.
Reports and analyzes fund revenues, expenses, profitability and other key metrics, and works with clients to communicate fund expense and performance information regarding moderately complex funds.
Reviews fund data, monitors compliance with all regulatory, BNY and client specifications, and provides requested information to internal and external auditors.