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BNY · 1 week ago

Associate, Fund Administration II

BNY Mellon Center, Boston, MA, 02108, US

Full-time

Onsite

Mid Level

$52K/yr - $93K/yr

3+ years exp

BNY is a leading global financial services company that influences a significant portion of the world's investible assets. The Associate, Fund Administration II role involves performing a variety of fund administration activities, including expense allocation, budgeting, and compliance, while collaborating with clients and auditors to ensure accurate fund performance reporting.

Financial Services

Responsibilities

Perform a variety of fund administration activities for funds with more intricate portfolio assets and transactions, including expense allocation, budgeting, cash allocation, analysis of fund metrics, and compliance

Calculate daily fund position and cash reconciliations for moderately complex funds and assist in resolving escalated discrepancies

Report and analyze fund revenues, expenses, profitability, and other key metrics

Work extensively with clients to communicate fund expense and performance information regarding moderately complex funds and answer questions about funds

Review fund data and monitor compliance with all regulatory, BNY Mellon, and client specifications

Collaborate with internal and external auditors to provide requested information of greater complexity

Compile and analyze fund performance data for inclusion in Board of Directors report materials

Review fund expense budgeting conducted by support staff

Provide guidance to less experienced team members as needed and contribute to the achievement of team objectives