Fund Accountant

Job description

Senior Associate

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 240 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 Senior Associate to join our Fund/ Client Accounting team. This role is located in Manchester, UK and will be working in a hybrid capacity. (3 days a week in the office).

In this role, you'll make an impact in the following ways:

• Provide prime experience as core Fund Accounting senior subject matter experts.


• Provide UK specific requirements expertise including application of UK Regulations


• Assist with the development of the FA remediation plan and enhanced Oversight model.


• Complete Daily Oversight Reviews for UK Funds in line with NAV Production, including review of:


• Fund Performance based on daily movement and comparative benchmark where relevant.


• Share Class Performance to ensure that all share class performance returns are aligned across any single sub-fund and significant deviations are identified and justified.


• Significant movements


• Review of Cash/Asset Reconciliations per agreed model


• Review of Errors including deep dive discussions & remediation


• Review of FA Service Delivery Performance which focuses on timeliness and accuracy of Fund Accounting deliverables by client with narratives for each day's deliverables


• Participation in key FA Business forums


• Perform tasks in an accurate and timely manner and update MIS with details of assigned tasks


• Review FA Service Reporting, Service Delivery KPI's, Risk Incident Reporting, reconciliation Reporting.


• Assist the Managers with the following tasks:


• Outsource provider performance monitoring, reporting and escalation, including collation of monthly provider KRI, KPI and other MI data.


• Annual outsourced provider due diligence reviews


• Monitoring and escalation of any issues that arise relating to findings from Compliance, Audit, Risk or Client Due Diligence.


• Develop a sound understanding of all technical functions and processes in the team


• Identify processes/procedures which may be causing delays in performing the oversight function and escalate so that these issues may be addressed and resolved.

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.


• An understanding of Outsourcing and the FCA/PRA Regulations framework that supports this.


• Experience in Microsoft Office including excel, word and PowerPoint.


• Experience in Digital tools including Baseline, PowerBI, Alteryx and UIPath.

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, 2023


• Bloomberg's Gender Equality Index (GEI), 2023


• Human Rights Campaign Foundation, Corporate Equality Index, 2023


• Best Places to Work for Disability Inclusion , Disability: IN - 100% score, 2023


• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2023


• Forbes Blockchain 50, 2023

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.