This is a general requisition, the exact role will be determined during the application process; you will be aligned to a role that best matches your interests and skills.
Contract Job Title: Senior Associate, Fund/Client Accounting / Associate, Fund/Client Accounting II/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.
Department overview:
The Alternatives Fund Accounting Department is responsible for ensuring the timely and accurate preparation of daily net asset value (NAV) for a number of complex Hedge Funds, Credit Funds, Private Market Funds, Real Estate Funds and Hybrid Funds investing in a wide variety of financial instrument types.
The team is dedicated to working collaboratively with high standards and attention to detail. We are looking for a colleague that shares our passion and desires professional growth.
Team overview:
The Alternatives Fund Accounting Department is responsible for the preparation of net asset value (NAV) for a number of Hedge Funds investing in a variety of financial instrument types such as equity, debt, derivatives and money market. We perform end to end valuation processes mostly with daily and monthly deadlines. We have direct contact with our clients (fund managers) and liaise with several teams internally.
- Hedge Funds NAV calculation
- Cash and Asset reconciliation
- Trade reconciliation, pricing review
- Corporate Actions review and booking
- Expense booking / payment instructions
- Fund audit support, onboarding and liquidation processing
In this role, you’ll make an impact in the following ways:
- Responsible for reviewing client accounting books and records
- Liaising and responding to clients and third parties, ensuring that client and third-party requests or queries are dealt with appropriately.
- Proactively identifying exceptions and problems affecting accounting records
- Implementing efficient processes and driving changes to the operating model
- Building effective relationships with key internal and external stakeholders
To be successful in this role, we’re seeking the following:
- 2-10 years of relevant experience in fields like Fund Accounting, Accounting, Transfer Agency, Financial Reporting, Pricing, Reconciliation, Corporate Actions or Audit
- Knowledge of financial instruments & markets
- Communicative English (min B2)
- Desire to gain knowledge and develop skills
- Attention to detail
- Good command of MS Excel
Our Benefits and Rewards:
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.
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