Senior Vice President, Fund/Client Accounting Manager at BNY

Frankfurt, Hesse, Germany -

Full Time

Start Date

Immediate

Expiry Date

22 Jun, 26

Salary

0.0

Posted On

24 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fund Accounting, Client Accounting, NAV Production, UCITS, German Retail Funds, Stakeholder Management, Reconciliation, Corporate Actions, Swing Pricing, Reporting, Automation, Vendor Integration, Data Lineage, KAGB, KARBV, BaFin

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 are seeking a Senior Vice President to lead end‑to‑end fund accounting for German retail funds (Publikumsfonds) across UCITS and certain non‑UCITS in scope for AGI onboarding. You will be accountable for daily NAV production and release, and the control environment that supports distribution at scale in the German market. You will partner closely with Product, Client Coverage, Middle Office, Transfer Agency, Custody/Depositaries, Operational Tax, Risk/Compliance and Technology to deliver a seamless migration and a stable BAU service thereafter. This role is located in Frankfurt, Germany. In this role, you’ll make an impact in the following ways: * Own end‑to‑end daily NAV process for German retail funds, including depositary confirmation windows and third‑party recipient distributions. * Significant client‑facing responsibilities, with frequent interaction across various client stakeholders. * Oversee daily cash/asset and unit reconciliations; escalate aging/material breaks and manage resolution; maintain post‑event reconciliations for mergers/liquidations as needed. * Oversee global certificate creation with custody teams and ensure timely transmission to Clearstream Banking (CBF). * Ensure corporate actions are synchronized with depositories; operate mandatory CA pre‑lists and exception clearance to avoid NAV divergence. * Oversee share class divergence controls and standing‑instruction playbooks (e.g., dilute/waive logic for cap‑stock vs expense impacts; hedged/unhedged treatment). * Govern swing pricing thresholds/factors, normal vs stressed regimes, and reporting; manage TA estimate delays and client notifications per SLD. * Coordinate reporting: daily NAV files/SFTP, Nexen reporting access (assets, accruals, trial balance, NAV impacts), portfolio turnover (HK/SG), and monthly/quarterly board/KPI packs. * Embed depositary fee plausibility checks and invoice/payment controls; manage FX standing instructions for expense payments where required. * Continuously uplift automation, vendor integrations (Bloomberg/WM), and data lineage; sponsor reduction of price verification exceptions. To be successful in this role, we’re seeking the following: * 12+ years in fund accounting/administration with deep German retail funds experience; proven leadership in large‑scale onboardings or transitions. * Expertise in German/UCITS frameworks (KAGB, KARBV), BaFin expectations, WM Daten specifics, and retail distribution operational nuances. * Fluency in German and English; strong stakeholder management with depositaries, auditors, regulators, and distributors. * Demonstrated mastery of NAV control frameworks, pricing vendor oversight, liquidity tools (swing/ADL), and fee architectures (caps/waivers/performance fees). * Hands‑on with reconciliation tooling, SFTP/API interfaces, and data quality governance (ISIN/WKN/WM). * Big 4/audit interface or equivalent experience; professional accounting/tax qualifications a plus. * Experience managing and influencing key internal senior stakeholders * Direct client management experience 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.

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Responsibilities

The Senior Vice President will own the end-to-end daily Net Asset Value (NAV) process for German retail funds, including managing client-facing responsibilities and overseeing critical controls like cash/asset reconciliations and corporate action synchronization. This role also involves coordinating various reporting outputs and embedding fee plausibility checks while driving continuous automation improvements.