Job Description

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: Associate, Fund/Client Accounting II or Senior Associate, Fund/Client Accounting (depends on which role you will be chosen for)

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 is all about.

Team Overview: Private Equity & Credit Fund Accounting

The Private Equity & Credit Fund (PE&C) Accounting Team is responsible for the net asset value (NAV) calculation related processes with quarterly deadlines in most instances. The funds invest in fixed income products such as bonds, private and syndicated loans and other private equity funds. The team has direct contact with external clients (fund managers) and cooperate with several teams internally.

The team is dedicated working collaboratively with high level of standards and attention to details. We are looking for a colleague that shares our passion and desires professional growth.

What You Will Be Responsible For

• NAV preparation, review and timely delivery to external clients

• Liaising with Custodians, Corporate Trust, and other stakeholders to resolve any reconciliation issues

• Managing funds expense budgets and calculation of management fees

• Reviewing profit and loss reports for reasonableness and allocating income to investors

• Preparing incentive fees calculations in accordance with the waterfall provisions

• Processing and reviewing capital events such as capital calls and distributions

• Liaising with external clients, investment managers and auditors

• Ensuring timely completion of regulatory reporting and ad-hoc requests

• Supporting the training and onboarding of new team members

• Assisting in identifying and implementing process improvements to reduce audit and financial exposure and improve team efficiency
  
  

What We Value

• 2-5 years of relevant experience (Fund Accounting but experience in other related areas such as Transfer Agency, Corporate Trust, Financial Reporting, Audit and Reconciliations is also desirable)

• Business English (min. B2)

• Highly developed communication skills

• Solid understanding of double-entry bookkeeping

• Advanced Excel skills (VBA will be an asset)

• Knowledge of Geneva and/or Investran would be an additional asset

• Supervisory experience is favorable
  
  

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.