Associate, Fund / Client Accounting
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.
We’re seeking a future team member for the role of Associate, Fund / Client Accounting to join our Fund/Client Accounting team. This role is located in New York, NY – Hybrid.
In this role, you’ll make an impact in the following ways:
- Serve as a lead for the day-to-day operations of a medium-sized fund accounting support team, providing work direction and technical assistance on complex matters.
- Lead day-to-day accounting and net asset value (NAV) production functions, including NAV construction & validation, review, dissemination, and reporting activities for more complex funds.
- Review data and assist in resolving escalated problems arising during daily, weekly, or monthly accounting and reporting.
- Track data and maintain accounting records for funds of higher complexity in accordance with department policies and procedures.
- Establish data maintenance and summarization processes to improve team efficiency and support the accounting team.
- Lead team in preparing system-generated reports, coordinate review and sharing of reports with accounting teams, and review work of junior team members.
- Assist with maintaining relationships with client staff by exchanging information related to cash, accounting, and reporting of daily and monthly client activities and initiatives.
- Communicate data needs and respond to client questions.
- Assist in identifying and implementing process improvements to reduce audit and financial exposure and improve team efficiency.
- Support the achievement of team objectives; no direct reports but may have work allocation and team lead responsibilities.
To be successful in this role, we’re seeking the following:
- Bachelor’s degree in accounting or the equivalent combination of education and experience.
- 5-7 years of total work experience preferred, with experience in accounting support preferred.
- Strong technical knowledge of fund accounting and NAV processes.
- Proven ability to lead and support a team in a complex operational environment.
At BNY, our culture speaks for itself. Here’s a few of our awards:
- America’s Most Innovative Companies, Fortune, 2024
World’s Most Admired Companies, Fortune 2024
Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
“Most Just Companies”, Just Capital and CNBC, 2024
Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
Bloomberg’s Gender Equality Index (GEI), 2023
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. Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.
BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $52,000 and $95,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.
