BNY Mellon Careers

Fund Administration Manager

Cayman Islands
Asset Servicing


Job Description

The Fund Administration Manager (FAM) is responsible for assisting the General Manager (GM) in managing and overseeing the day to day trust related legal and administration activities of our fiduciary responsibilities related to BNY Mellon s Offshore Fund Management subsidiary, BNY Mellon Fund Management (Cayman) Limited (BNYM Cayman). The position requires in depth knowledge and skills in the areas of institutional trust, legal and fund administration and regulatory environment to successfully assist with the management of BNY Mellon s Cayman Fund Administration and Trust business. This position reports to the GM. Responsibilities include: Participate in the development and oversight of new business conversion plans, trust/fund restructurings and liquidations, and coordinate the ongoing delivery of trust services. Maintain and monitor Cayman Trust work practices and procedures ensuring fiduciary obligations are met and fiduciary risks are identified, assessed and mitigated. Assist in the legal review, drafting, editing and negotiation of fund/trust documents and be able to identify non-standard matters that are outside BNYM Cayman s service model and risk profile and ability to assess materiality of such non-standard matters. Attend and participate in fund meetings. Responsible for ensuring timely registration and filing of trusts/funds with the Cayman Islands Monetary Authority and assisting with retail Japanese fund filings in accordance with client deadlines. Provide support, advice and guidance on matters relating to establishing, restructuring and liquidating trusts/funds in accordance with Cayman regulatory environment. Responsible for the maintenance of all fund legal records (i.e. physical and digital records) including the maintenance of intercompany agreements. Responsible for training and supervision of support administrative staff. Liaise with Trustee s client and internal counsel, legal advisers, investment managers, local regulators, affiliated delegates.

Qualifications

The Fund Administration Manager (FAM) is responsible for assisting the General Manager (GM) in managing and overseeing the day to day trust related legal and administration activities of our fiduciary responsibilities related to BNY Mellon s Offshore Fund Management subsidiary, BNY Mellon Fund Management (Cayman) Limited (BNYM Cayman). The position requires in depth knowledge and skills in the areas of institutional trust, legal and fund administration and regulatory environment to successfully assist with the management of BNY Mellon s Cayman Fund Administration and Trust business. This position reports to the GM. Responsibilities include: Participate in the development and oversight of new business conversion plans, trust/fund restructurings and liquidations, and coordinate the ongoing delivery of trust services. Maintain and monitor Cayman Trust work practices and procedures ensuring fiduciary obligations are met and fiduciary risks are identified, assessed and mitigated. Assist in the legal review, drafting, editing and negotiation of fund/trust documents and be able to identify non-standard matters that are outside BNYM Cayman s service model and risk profile and ability to assess materiality of such non-standard matters. Attend and participate in fund meetings. Responsible for ensuring timely registration and filing of trusts/funds with the Cayman Islands Monetary Authority and assisting with retail Japanese fund filings in accordance with client deadlines. Provide support, advice and guidance on matters relating to establishing, restructuring and liquidating trusts/funds in accordance with Cayman regulatory environment. Responsible for the maintenance of all fund legal records (i.e. physical and digital records) including the maintenance of intercompany agreements. Responsible for training and supervision of support administrative staff. Liaise with Trustee s client and internal counsel, legal advisers, investment managers, local regulators, affiliated delegates.

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: bnymellon.com/careers.

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: Cayman Islands--
Job: Asset Servicing
Internal Jobcode: 52522
Organization: Asia Pacific Asset Services-HR06401
Requisition Number: 1716549