Bnymellon (Wexford, Ireland) 1 day ago

Job Title: Lead Analyst

Grade: I

Department: AIS Fund Accounting

Location: Wexford

Who we are:

For over 235 years, Bank of New York Mellon (BNY Mellon) has been at the center of the global financial markets, providing the world’s leading institutions the tools, capabilities, and services to be distinctive investors. BNY Mellon has approximately $16.5 billion in revenues and a 23% return on tangible common equity.

BNY Mellon is a leader in the world of investment services and investment management, and our businesses support the full range of stakeholders of the financial system including:

  • Managing the custody of approximately $37 trillion financial assets of the world’s leading institutional investors, hedge funds, sovereign wealth funds, and corporates

  • Investing approximately $2 trillion as one of the largest global asset managers across a wide range of asset classes

  • Providing collateral, liquidity, and funding for the world’s largest banks through our markets franchise

  • Serving family offices and high net worth individuals through our wealth management franchise

  • Providing a full suite of solutions to advisors, broker-dealers, family offices, hedge and '40 Act fund managers, registered investment advisor firms and wealth managers

  • Advising large global corporations on a range of trust and other solutions

  • Providing integrated managed data services to asset managers

What we do:

The Fund Accounting Department is responsible for ensuring the timely and accurate preparation of daily net asset values (NAVs) for a number of complex funds investing in a wide variety of instrument types including equities, fixed and variable bonds, derivatives and emerging markets.


Provision of fund accounting/administration services:

  • Ensure net asset values (NAVs) of the fund are calculated accurately and on a timely basis in accordance with The Bank of New York Mellon standard procedures and timetables

  • Ensure the necessary controls are in place and adhered to in order to provide accurate and timely fund accounting/administration services to our clients, investment managers, transfer agent, stock exchanges etc

  • Understand the process for preparing all valuations under your management. This will include having knowledge of all control procedures in place during the preparation of the NAV and identifying any more effective controls that can be used

  • Monitor the daily/weekly/monthly production schedule to ensure that valuations are completed accurately and within the client deadline

  • Perform the final check and review of valuations produced under your control

  • Ensure The Bank of New York Mellon and client standard procedures and controls are being adhered to on a daily basis by all staff under your management

  • Communicate new procedures on a fund to all relevant staff

  • Timely communication to Team Manager of any significant operational issues that arise

  • Ensure Fund Accountants maintain daily/monthly files in a manner suitable for future review by the fund and internal auditors

  • Take initiative to seek opportunities to enhance either the quality of client services or the productivity the NAV process

Client servicing:

  • Serve as the primary dedicated contact for the client on operational and client servicing issues

  • Ensure client concerns/requests are addressed as soon as possible and within an agreed timetable

  • Manage each Fund Accountant III’s client servicing functions and ensure the client is satisfied with the service they are receiving

  • Ensure all staff maintain a proactive and professional relationship with key client contacts

  • Keep the Team Manager informed of client issues and their progress, highlighting to management any client concerns/complaints as a matter of urgency

  • Manage the preparation of all the weekly/monthly reporting including the management information system (MIS), compliance, client and fund manager monthly information and reporting.

The successful candidate will:

Work scheduling and people management:

  • Plan the resourcing requirements for the funds in consultation with the Operations Manager

  • Serve as a role model and mentor to staff and serve as a resource to provide adequate training as appropriate

Financial accounts/Fund audits:

  • Ensure all queries from auditors or fund accounting staff are accurately and fully responded to with minimum delay


  • Perform and document procedures assigned by the Operation Managers

  • Ensure Internal control requirements are implemented

Experience & Qualifications:


  • 5+ years’ work experience in the funds industry

  • Excellent working knowledge of NAV calculations and reviews

  • In-depth experience of resolving Cash & Asset reconciliation queries

  • Knowledge of accounting requirements for a wide range of financial instruments

  • In-depth knowledge of Performance Fees and Complex Instruments

  • Experience in preparation of board reports

  • In-depth knowledge of Share Class Hedging

  • Experience in resolving complex fund issues

  • Demonstrated ability to plan and implement workflow requirements of a team

  • Excellent knowledge of Excel

  • High level of accuracy and attention to detail

  • Proactive, focused attitude towards work and an ability to consistently meet deadlines

  • Organisational, inter-personal and communication skills

  • Report writing ability, with a high attention to detail.


  • Third level qualification in business related discipline

  • Experience of Advent/Geneva/NTAS

Global Competencies:

  • Client Orientation

  • Developing Partnerships

  • Embracing Change

  • Driving for Results

  • Decision Making

Primary Location: Europe-IE-L-Wexford

Other Locations:


Job: Asset Servicing


Organization: AIS Operations-HR08997

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