Associate, Fund Administration II

Job 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.

We’re seeking a future team member for the role of Associate Fund Administration to join our team based in Boston, MA or Westborough, MA.

• 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.

• Bachelor’s degree in accounting or the equivalent combination of education and experience.
• 3-5 years of total work experience preferred.
• Experience in accounting or fund administration preferred.
• No direct people‑leadership responsibility.

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay‑for‑performance philosophy.

Generous paid leave, including paid volunteer time, is available to support you and your family through moments that matter.

Base salary range: $52,000 - $93,000 per year (commensurate with experience and market location). Additional compensation may include commission earnings, discretionary bonuses, short- and long-term incentive packages, and company‑sponsored benefit programs.

BNY is an Equal Employment Opportunity/Affirmative Action Employer – Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

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