Posted 17 days ago
No clicks
BNY Mellon is hiring an Associate in Fund Administration to support administration of moderately complex funds from its Lake Mary, FL location. The role involves daily fund position and cash reconciliations, expense allocation, budgeting, analysis of fund metrics, and preparation of reporting for clients and board materials. You will work with clients and auditors, monitor compliance with regulatory and internal specifications, resolve discrepancies, and provide guidance to less experienced team members.
- Compensation
- Not specified
- City
- Lake Mary
- Country
- United States
Currency: Not specified
Full 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.
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 Associate Fund Administration II- to join our Fund Administration team, this role is based in Lake Mary FL.
In this role, you’ll make an impact in the following ways:
- 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 respond to related inquiries
- 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
To be successful in this role, we’re seeking the following:
- 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 responsibilities
At BNY, our culture speaks for itself, check out the latest BNY news at:
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.
