BNY Mellon Careers

Lead Analyst, Fund/Client Accounting - ETF Florida

Lake Mary, Florida
Asset Servicing


Job Description

This Exchange Traded Fund (ETF) Basket Services role is a key component of the Fund/ Client Accounting workflow, supporting trade processes, data management, and client reporting. This individual will work closely with BNY Mellon’s appointed Sponsors, Middle/ Back Office departments, Fund Accounting counterparts, The Depository Trust Company (DTC)/ National Securities Clearing Corporation (NSCC), counterparty Brokers/ Authorized Participants, Fund Auditors, Data Providers and Exchanges. Responsibilities of the role include: creating and disseminating daily ETF baskets, uploading various indexes or portfolio holdings, applying projected corporate actions, calculating cash components, performing variance reviews/ identifying tolerance breaches, generating various reports for the next business day’s market open and addressing any basket related inquires. This role is responsible for monitoring the complete lifecycle of an order, as creation/ redemptions within a fund require oversight of the trade settlement with the Authorized Participants (AP), along with the coordination of money movements. Custody related functions such as income collection, corporate action processing, payment of expenses/ fees, FX processing, short term cash reinvestment management and real-time securities/ cash reporting, are also performed within this role.


Fund/Client Accounting - IC3 Conducts accounting services on behalf of assigned clients and moderately complex funds including determining net asset values, calculating fund performance, allocating expenses and preparing reports. Performs complex Fund/Client Accounting responsibilities in the areas of driving Service Improvement plans, targeting efficiencies, enhancing processes and specialist review functions. Provides input into methodologies and checks the work of more junior team members. Provides guidance and reviews work related to cash and asset reconciliations relating to complex accounts or transactions. Resolves reconciliation of accounts for more complex or atypical transactions and reviews work of junior team members. Drafts reports for clients regarding the performance of complex funds. Reviews draft reports completed by more junior staff. Regularly interacts with clients in answering questions and resolving issues regarding fund reports and accounting processes. Assists in evaluating GAAP and/or IFRS rules to determine impact of new regulations on BNY Mellon fund accounting practices. No direct reports. Provides guidance to less experienced team members. May have people management responsibilities in some geographies. Contributes to the achievement of related teams objectives.

Qualifications

Bachelors degree in accounting or the equivalent combination of education and experience is required. 5-7 years of total work experience preferred. Big 4 accounting firm experience preferred.


BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.


Primary Location: United States-Florida-Lake Mary
Internal Jobcode: 70508
Job: Asset Servicing
Organization: Structured Funds-HR13245
Requisition Number: 1904853