BNY Mellon Careers

Analyst, Fund/Client Accting

Pune, India
Asset Servicing

Job Description

The primary function of the Private Equity Waterfalls team is to provide support to the PE Accounting Department with regards to automating complex Waterfall calculations that are derived from the Fund’s Limited Partnership Agreements.  The team will be responsible for reading and understanding the LPAs and distilling large LPA documents into much shorter summaries that can be used as reference summaries by the fund accting team.    The specific tasks for the (2) Excel Analyst is to read the LPA’s and develop the written Waterfall calculation into a model based on complex business algorithms in Excel. The (3) Waterfall Analysts will be responsible for creating design specification documents for each fund and migrating them onto the Niagara and CapAssure system.  (Niagara/CapAssure is an automated waterfall solution that is integrated with Investran, the AIS current accounting platform.) This will include all current and future clients that are invested in the PE Funds. For quality control, the Waterfall calculations will be written and then reviewed internally by another member of the team in Chennai.  It will then be reviewed by the (1) Chennai PE Waterfalls Manager who will conduct a QC for the work created and then send for review by the onshore PE Fund Accountant to make sure the calculations are all correct before being used in any report delivered to the underlying client.


Bachelors degree in accounting or the equivalent combination of education and experience is required. 2+ years of total work experience preferred. Experience in Fund accounting (Private Equity) preferred. Must be comfortable working in US shifts

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: India-Maharashtra-Pune
Job: Asset Servicing
Internal Jobcode: 70510
Organization: AIS-HR06325
Requisition Number: 1716618