BNY Mellon Careers

Lead Manager, Hedge Fund Accounting

Wroclaw, Poland
Asset Servicing

Job Description


Lead Manager is responsible for managing a staff comprised of Assistant Managers/Team Leaders, Supervisors and Fund Accountants

whose responsibilities include providing premier client service and contributing to the production of client portfolio

valuations, statements, and Net Asset Value (NAV) calculations.



Tone from the Top - Ensure that a strong risk management and governance culture is embedded within the

Business Unit by promoting the ‘Three Lines of Defence’ model (by working collaboratively with the Second and

Third Lines of Defence to identify risks, conduct root-cause analysis, implement remediation activities and

to communicate lessons-learned findings) and by developing and implementing strong risk practices across t

he Business Unit (including the use of the RCSA as the key management tool to actively manage risk within the

Business Unit).

Risk Competence & Knowledge - Understand the Business Unit’s Risk Appetite and how this relates to the legal

entity infrastructure and the legal entities under which the Business Unit operates and the legal entities through

which the Business Units’ client(s) contract and the impact that this has on the Business Units’ regulatory operating


Accountability - Ensure that responsibilities related to risk management are clearly defined and understood

throughout the Business Unit to ensure that risks are identified, escalated and remediated in an effective

and transparent manner.

Other Risk Management Responsibility - Ensure that Business Unit operating procedures and other key directive

controls (eg. checklists) are maintained on a regular basis to ensure that they are adequately designed, continue

to be an effective risk management tool and are being used as required.

Throughout continued and effective oversight, ensure that appropriate Key Risk Indicator (KRI) measurements

and tolerances are in place and are agreed with Senior Operations managers and LoB Risk Management.




· Understanding of the overall direction of the AIS business and the relationship of these goals

to the overall strategy of The Bank of New York Mellon

· Understanding of the core services of AIS and how they meet the client's needs, including: portfolio

accounting, investor accounting, custody, and transfer agency

· Understanding of the ancillary products and services provided to the AIS client base, including:

pricing, corporate actions and cash management.

· Understanding of the security types making up the portfolios and how they trade, i.e., equities,

fixed income securities, mortgage-backed securities, derivatives

Understanding of the transaction flows throughout AIS and the impact of mistakes at each step

on the other

· Knowledge of the policies and procedures of the department. For each client, be aware of

the transaction history, patters of investing, specific requirements, and service standards affecting that client.

· Understanding of the forms, documentation and other legal requirements to set up accounts in AIS

· Understanding of the risks inherent in specific transactions

· Understanding of the information flows through the various AIS systems

· Knowledge of how to use the various systems specific to the job function

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 & 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:

BNY Mellon's Asset Servicing business is dedicated to dynamically supporting our clients' investments and safeguarding their assets, keeping them working around the clock and across the world. It's part of our commitment to being a true partner for our clients' investment success. We specialize in operational solutions and capabilities for today's market-enhancing management and administration of investments with services that process, monitor and measure investment data from around the world. By leveraging BNY Mellon's global footprint and deep expertise, we deliver insight-driven solutions for every phase of investing.

BNY Mellon is an Equal Employment Opportunity Employer.

Primary Location: Poland-Dolnoslaskie-Wroclaw
Job: Asset Servicing
Internal Jobcode:
Organization: Asset Servicing-HR06026
Requisition Number: 1606026