BNY Mellon Careers

Mgr, Fund/Client Accounting

Pune, India
Asset Servicing

Job Description

Position Summary:  Describe below the primary purpose and function of this job The primary role of incumbent is to lead, manage and motivate the team to ensure that the capability exists to work effectively and in close cooperation with colleagues in other functions/operations in order to meet business needs and deliver strategic objectives. Person has to ensure the smooth operational performance of Fund Accounting Trade Capture to its downstream users liaising with Clients, Custodians and other Section Heads to ensure the service provided is up to a high standard and financial or reputational risk is avoided.  This role involves managing teams who are responsible for the timely processing of all Client and Fund Manager instructions against intraday deadlines adhering to structured business as usual requirements in accordance with the appropriate markets, Bank’s best practices and departmental objectives in order to safeguard against any financial or reputational loss alongside providing high levels of quality service and minimizing risks to the Organisation.   ESSENTIAL FUNCTIONS - Key Roles & Responsibilities:  List up to 6 key roles and responsibilities of this job. (Percentages must sum to 100%) Percentage of  Time 1. Monitor daily processes and controls to ensure procedures are being adhered to. Work with line management on the rollout of services to new funds and ensure the smooth transition of additional centralized functions. Achieve Departmental deliverables and KPIs.  Receive, investigate and resolve escalation queries from other operational areas/client. Regularly liaise with the onshore line of business to develop necessary extra controls or system changes.     30% 2. Provide training and development and provide feedback to line management. Ensure staffs have clear objectives and up to date job descriptions relevant to their current role. Distribute workload and responsibilities to people with sufficient experience and capability.   25 % 3. Promote staff awareness of their individual and team responsibilities. Have regular one-to-one and team meetings to update staff on relevant developments and get feedback on operational issues. Promote an environment of open and clear communication ensuring staff maintains a friendly and professional relationship with all internal and external parties.   25 % 4. Manage overtime requirements and staff availability during holiday and other peak periods. Ensure staff have clear objectives and up to date job descriptions relevant to their current role. Monitor team workflow ensuring all tasks are allocated with primary and secondary cover and scheduled according to agreed deadlines.   5 % 5. Manage attrition by implementing measures for retention of work force. Motivate team and contribute to team spirit   5% 6. Recruitment and completion of staff appraisals and personal development plans. 5% 7. Master the internal contingency procedures and acquire a general awareness of BNYM’s contingency measures 5%


JOB DESCRIPTION CONTENT (continued)   LEVELING FACTORS Business Expertise:  Describe the requirement for knowledge and expertise about how various parts of the organization work together to achieve business objectives.  Explain the degree of understanding required of the industry, commercial environment and of competitor’s products and services. The knowledge and expertise of fund accounting concepts and advanced knowledge of life cycle of trade. The individual should have a strong understanding of financial services industry and its various components. The incumbent should be capable of handling a large-size team. Excellent time management and multi-tasking skills.    Problem Solving:  Describe the nature and complexity of the problems this position encounters on a recurring basis.  Include information regarding the level of innovation required, if any, and include mention of environmental factors that may add to the complexity of resolving issues. Individual should be able to handle complexities of managing a team. S/He should be able to manage the Departmental deliverables and KPIs.     Nature & Area of Impact: To what degree does this job affect the business (i.e., through interactions with customers, making decisions, defining or setting strategy, etc.)?  What is the breadth of the impact that this job has, either positive or negative (i.e., affects own team, department, function, business unit, geography, entire business, etc.)?   Interact and communicate with the first line managers to resolve escalations and work towards reducing errors and maximizing efficiencies. Interact and Communicate with fund accounting/onshore team. Interact and communicate with client/onshore counterpart and understand the service requirements and deliver the expectation and to take appropriate decisions on projects and new business on behalf of TC utility.     Interactions / Interpersonal Skills:  Describe the nature and level of interactions this job has with others, both internally and externally.  Explain any specific interpersonal skills necessary to successfully perform this role (i.e., negotiation skills, represents business at external events or to governmental bodies, etc. ). Effective and excellent communication (articulately expresses thoughts and ideas  both oral and written). Ability to understand and manage team dynamics. Ability to understand and resolve conflict through dialogues. Ability to give feedback and manage expectations.  


Job Qualifications:  Indicate the minimum and preferred education and experience for this job and any licenses and certifications required Minimum Education: - 1. Graduate  2. Preferably or Economics     Preferred Education: Minimum Experience: Minimum 2 year experience in FA Trade Processing   Preferred Experience: Minimum 2 year experience in Fund Accounting and exposure in Financial Industry is Preferable   Minimum Language Skills: Good written and oral English communication skills required   Preferred Language Skills: Good written and oral English communication skills required

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:

Client Service Delivery (CSD) brings together BNY Mellon's key operational areas into one global team to better support the company's businesses and serve clients around the world. CSD helps clients to conduct business, service assets, and engage in transactions in 35 countries and more than 100 markets. At every stage of the investments lifecycle - creating, trading, clearing, settling, holding, servicing, managing, distributing and restructuring assets - CSD is working to make BNY Mellon the recognized industry service quality and productivity leader. Client Service Delivery manages investment monitoring, measurement and processing services for our clients. Our solutions include Securities Operations, Fund Administration, Transfer Agency, Outsourcing, Performance Measurement and other related services.

BNY Mellon is an Equal Employment Opportunity Employer.

Primary Location: India-Maharashtra-Pune
Job: Asset Servicing
Internal Jobcode: 70506
Organization: Glb Fund Accnt & Fund Admin-HR13984
Requisition Number: 1715177