BNY Mellon Careers

Fund Administrator - Cayman

Grand Cayman, Cayman Islands
Asset Servicing


Job Description

The Fund Administrator (FA) is responsible for assisting the Fund Administration Manager (FAM) in managing and overseeing the day to day trust related administrative activities of our fiduciary responsibilities related to BNY Mellon s Offshore Fund Management subsidiary, BNY Mellon Fund Management (Cayman) Limited (BNY Mellon Cayman). The position requires knowledge and skills in the areas of institutional trust, legal and fund administration and the relevant legal and regulatory environment to successfully assist with the administration of BNY Mellon s Cayman Fund Administration and Trust business. This position reports to the FAM. Responsibilities include: Assisting the Fund Administration Manager (FAM) in overseeing the day to day trust related administrative activities of our fiduciary responsibilities related to BNY Mellon s Offshore Fund Management subsidiary. Responsible for the periodic file reviews of fund documentation. Responsible for ensuring timely registration and filing of trusts and funds with the Cayman Islands Monetary Authority and Registrar of Trust and overseas filings with foreign regulators. Responsible for the maintenance of fund legal records (i.e. physical and digital records) including the maintenance of intercompany agreements. Responsible for leading collection efforts of advances/receivables. Liaise with relevant services providers, fund sponsors, attorneys, investment managers, custodians, sub-administrators, relationship management offices and local regulator during the trust/fund establishment phase, restructuring phase and liquidation phase or as when necessary. Assist in the ongoing delivery of trust services (including document handling of trust formation documents, agreements and contracts and custody functions). Responsible for ensuring all necessary sub-custodian accounts opening forms are prepared and timely completed for submission including corresponding with internal and external parties. Assist in the monthly reporting of client and statistical data. Responsible for maintaining and updating all fund legal records (i.e. physical and digital records). Including the digitizing of all emails. Reviewing of fund documentation to ensure template language is included. Assist in the handling and finalization of legal documents including document management and digitizing and safekeeping of documents. Assist in scheduling board meetings, including communicating with attendees, dealing with an scheduling conflicts, sending out meeting invites with dial in details. Assist with minute taking in fund meetings. Assist in ad-hoc projects. University graduate degree. A comprehensive working experience of trust and mutual fund structures. Knowledge of Cayman Islands laws (The Trust Law, The Mutual Fund Law, Corporate Governance Guidelines, The Companies Law, AML Regulations) is preferred. At least two years of core professional trust experience in the trust industry. At two years of core professional fund administration experience in the fund industry. Corporate secretarial experience would be advantageous. English Strong verbal and written communication and sound organizational skills are essential.

Qualifications

University graduate degree. A comprehensive working experience of trust and mutual fund structures. Knowledge of Cayman Islands laws (The Trust Law, The Mutual Fund Law, Corporate Governance Guidelines, The Companies Law, AML Regulations) is preferred. At least two years of core professional trust experience in the trust industry. At two years of core professional fund administration experience in the fund industry. Corporate secretarial experience would be advantageous. English Strong verbal and written communication and sound organizational skills are essential.

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-Grand Cayman-
Job: Asset Servicing
Internal Jobcode: 54131
Organization: Asia Pacific Asset Services-HR06401
Requisition Number: 1801225