Senior Vice President, Fund Administration Manager at BNY

Luxembourg, Luxembourg, Luxembourg -

Full Time

Start Date

Immediate

Expiry Date

17 Jun, 26

Salary

0.0

Posted On

19 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fund Accounting, NAV Determination, People Management, Oversight Support, Operational Effectiveness, Resource Allocation, Client Partnering, Methodology Enhancements, Project Leadership, Risk Management, CSSF Governance, Hedge Funds, Credit Funds, Private Market Funds, Real Estate Funds

Industry

Financial Services

Description

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary. We’re seeking a future team member for the role of Senior Vice President, Fund/Client Accounting Manager to join our Alternatives Fund Accounting team. This role is located in Luxembourg. In this role, you’ll make an impact in the following ways: * Lead and oversee multiple outsourced Fund Accounting teams delivering accounting services for assigned clients, including NAV determination, fund performance calculations, expense allocations, and reporting. * Provide timely, accurate oversight support to Leads on complex NAV production across Hedge, Credit, Private Market, Real Estate, and Hybrid Funds investing in a broad range of instruments. * Collaborate across teams to ensure operational effectiveness and achievement of unit goals and objectives. * Direct processes and resource allocation to ensure accurate NAV determination for assigned funds across multiple sectors each measurement cycle. * Partner with a broad set of clients to resolve escalated, unique issues related to fund accounting and calculations. * Contribute to methodology enhancements, drive efficiency gains, review work prepared by Leads, and provide guidance to senior team members. * Lead complex projects from inception to execution, ensuring quality, timeliness, and risk management. * Maintain and apply governance standards in line with Luxembourg CSSF circulars. To be successful in this role, we’re seeking the following: * Bachelor’s degree in accounting, or an equivalent combination of education and experience required. * Demonstrated people management experience with strong communication skills. * Minimum 3 years in a similar function, 15+ years total work experience preferred (Alternatives Fund Accounting / audit background, ideally with Big Four experience). * Proven people leadership: recruit, direct, motivate, and develop staff; maximize individual contribution and professional growth; foster effective team collaboration. * Business-level English required, additional languages are an advantage. At BNY, our culture speaks for itself, check out the latest BNY news at: BNY Newsroom [https://www.bny.com/corporate/global/en/about-us/newsroom.html] BNY LinkedIn [https://www.linkedin.com/company/bnyglobal/posts/?feedView=all] Here’s a few of our recent awards: * America’s Most Innovative Companies, Fortune, 2025 * World’s Most Admired Companies, Fortune 2025 * “Most Just Companies”, Just Capital and CNBC, 2025 Our Benefits and Rewards: BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter. BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

How To Apply:

Incase you would like to apply to this job directly from the source, please click here

Responsibilities

This role involves leading and overseeing multiple outsourced Fund Accounting teams responsible for delivering services like NAV determination, performance calculations, and reporting for assigned clients across various fund types. The manager will also direct processes, ensure accurate NAV determination across sectors, and partner with clients to resolve escalated accounting issues.