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Associate, Fund Administration II

Employer
BNY Mellon
Location
Pune, India
Salary
Competitive
Closing date
Mar 10, 2024

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Job Function
Banking
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Overview
Bring your ideas. Make history.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital.
With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.
We're seeking a future team member for the role of Associate, Fund Administration II to join our Global Transfer Agency team. This role is located in Pune / Chennai, TN - HYBRID
In this role, you'll make an impact in the following ways:
  • Fund Administration - IC2 Performs a variety of fund administration activities for funds with more intricate portfolio assets and transactions. Responsibilities include expense allocation, budgeting, cash allocation, analysis of fund metrics and compliance.
  • Calculates daily fund position and cash reconciliations for moderately complex funds. Assists in resolving escalated discrepancies.
  • Reports and analyzes fund revenues, expenses, profitability and other key metrics.
  • Works more extensively with clients to communicate fund expense and performance information regarding moderately complex funds, and answers questions about funds.
  • Reviews fund data and monitors compliance with all regulatory, BNY Mellon and client specifications.
  • Works with internal and external auditors to provide requested information of greater complexity.
  • Compiles and analyzes fund performance data for inclusion in Board of Directors report materials.
  • Reviews fund expense budgeting conducted by support staff.
  • No direct reports; provides guidance to less experienced team members as needed.
To be successful in this role, we're seeking the following:
  • Bachelor's degree in accounting or the equivalent combination of education and experience is required.
  • 3-5 years of total work experience preferred; experience in accounting or fund administration preferred.
At BNY Mellon, our inclusive culture speaks for itself. Here's a few of our awards:
  • Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion
  • Bloomberg's Gender Equality Index (GEI)
  • Human Rights Campaign Foundation, 100% score Corporate Equality Index
  • Best Places to Work for Disability Inclusion , Disability: IN - 100% score
  • 100 Best Workplaces for Innovators, Fast Company
  • CDP's Climate Change 'A List'
Our Benefits:
BNY Mellon 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 that can support you and your family through moments that matter. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
Human Resources - MyHR
Information Classification: Internal Use only

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

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