BNY Mellon Careers

Intermediate Rep, Fund Admin

Westborough, Massachusetts
Asset Servicing


Job Description

Fund Administration - S3 Supports operational fund administration activities for funds with more intricate portfolio assets including processing transactions, tracking data, and compliance monitoring. Coordinates fund administration activities with internal partners. Assists with conducting fund expense budgeting. May make simple to moderately complex general ledger entries. Prepares fund expense invoices for clients. Processes debt service payments and cash and trade transactions for more complex funds. Checks work of more junior colleagues. Tracks fund data and monitors compliance with all regulatory, BNY Mellon and client specifications. Investigates and corrects fund errors. Escalates issues to senior team members. Collects and summarizes fund data for basic to moderately complex portfolios to assist with preparation of fund prospectuses. Assists with the maintenance of process flows documentation, administrative summaries and standard operating procedures. No direct reports. Provides guidance to less experienced team members, as needed. Responsible for the quality and completion of own work.

Qualifications

 Associates degree or the equivalent combination of education and experience is required. Bachelors degree preferred. 2-3 years of total work experience preferred. Experience in accounting or fund administration preferred.

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.

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/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.


Primary Location: United States-Massachusetts-Westborough
Internal Jobcode: 70487
Job: Asset Servicing
Organization: Glb Fund Accnt & Fund Admin-HR13984
Requisition Number: 1800774