Associate, Fund/Client Accounting Representative I

at  BNY Mellon

Overview
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.
We’re seeking a future team member for the role of Associate Fund Accounting to join our Fund Accounting team. This role is located in Cork, Hybrid (three days in office).

EMPLOYER DESCRIPTION:

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 and 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

IN THIS ROLE, YOU’LL MAKE AN IMPACT IN THE FOLLOWING WAYS:

Actively manage team; review their daily task assignments and daily progress against agreed deliverables.
Provide progress update to Line Management on team performance highlighting specific areas for requiring review/improvement/additional training requirements etc.
Ensure all complex derivatives have been identified and accounted for correctly at each valuation point for all funds.
Track lifecycle events for complex instruments from initial set up to closeout; taking into account corporate actions, dividend payments and resets.
Ensure your team Investigate and clear outstanding derivative cash breaks on a daily basis. Review cash reconciliations on a regular basis.
Ensure position, accrual and market value reconciliations to Counterparty Statements are completed on a timely basis for all complex derivative instruments
Ensure MIS is updated for all complex derivatives with details of material and/or aged cash and asset reconciliation items.
Promote good working relations with internal and external clients.

TO BE SUCCESSFUL IN THIS ROLE, WE’RE SEEKING THE FOLLOWING:

Requisite experience in the fund administration business with previous exposure to derivative instruments.
Well developed management and interpersonal skills, with proven team leadership skills.
Strong clerical skills with particular focus on accuracy, attention to detail and organizational skills.
Numerate and analytical with proficiency in using email, spreadsheet and other office administration systems.
The ability to learn quickly and to grasp the intricacies of complex OTC derivatives.
Patience, perseverance and flexibility.
Focused attitude to work, excellent individual and teamwork skills and an ability to manage a team to constantly meet deadlines.
Excellent oral and written communication skills. Professional approach to work and personal appearance.
Relevant academic qualification.
At BNY, our culture speaks for itself. Here’s a few of our awards:
America’s Most Innovative Companies, Fortune, 2024
World’s Most Admired Companies, Fortune 2024
Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024
“Most Just Companies”, Just Capital and CNBC, 2024
Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
Bloomberg’s Gender Equality Index (GEI), 2023