The Financial Fund Analyst (FFA) is primarily responsible for assisting the Financial Fund Manager (FFM) in managing and overseeing all financial, accounting, auditing and investment aspects of our fiduciary responsibilities related to the 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 trust, fund accounting, fund administration, and investment strategies and relevant legal and regulatory environment to successfully manage BNY Mellon Cayman s Fund Administration and Trust business. Responsibilities include: Oversight and monitoring of accounting, audit, custodial and investment functions and processes as performed by the Company s delegates to ensure outsourced services adhere with established work practices and procedures. Review of the annual audited financial statements and statutory filings of fund structures. Monitor and review of the NAV s of fund structures and fund operating expenses. Oversee investments portfolios to ensure compliance with investment mandates. Coordinate, prepare, attend and participate in trustee fund meetings. Oversee distribution processes and calculations for funds under administration. Responsible for the oversight of fund statutory filings with CIMA. Responsible for preparing multi-country custody accounts and completing tax related forms. Responsible for overseeing FATCA/CRS filings with the Cayman Tax Authority, including timely statutory filing reporting. Assist with the establishment of mutual fund vehicles structured as trusts, including the winding down process, as it relates to the accounting and auditing function. Monitor and review delegated services of affiliated custodians to ensure adherence with established work practices and procedures. Liaise with investors, legal advisers, investment managers, local regulators and affiliated delegates. Certified Accountant (CPA, ACA, CA). Enrolled with the CFA Institute preferred. 2 Years post-qualification audit experience in the financial services industry, specifically the Cayman Islands. Possess the core professional accounting skills and experience necessary to manage the financial, accounting aspects of a Cayman Fund Administration Trust operation. Must have knowledge of U.S. and International GAAP, worldwide investment products, complex financial instruments including derivative products and global securities markets. Knowledge of Cayman Islands laws (The Trust Law, The Mutual Fund Law, Corporate Governance Guidelines, The Companies Law, AML Regulations). Preferably big 4 audit experience. Preferably fund accounting/administration experience. 4 Years previous experience English Strong project management, excellent verbal and written communication and sound organizational skills are essential. Able to routinely attend conference calls outside office hours. Proficient in the use of Microsoft suite of applications with advanced knowledge of Microsoft Excel. Be able to travel to various countries.
Qualifications Preferably big 4 audit experience. Preferably fund accounting/administration experience. 4 Years previous experience English Strong project management, excellent verbal and written communication and sound organizational skills are essential. Able to routinely attend conference calls outside office hours. Proficient in the use of Microsoft suite of applications with advanced knowledge of Microsoft Excel. Be able to travel to various countries.
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-Camana Bay
Job: Asset Servicing
Internal Jobcode: 52524
Organization: AS Global Front Office-HR16987
Requisition Number: 1810378