Fund Accounting Experts Opportunities in Hedge (Alternative Operations)
at BNY Mellon
Posted 17 days ago
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BNY Mellon is hiring experienced fund accounting professionals to work in its Alternatives Fund Accounting team supporting hedge, credit, private market, real estate and hybrid funds. The role involves preparing and reviewing daily and monthly NAVs, performing cash and asset reconciliations, trade/pricing reviews, corporate actions and expense processing, and supporting audits, onboarding and liquidations. You will liaise directly with clients and internal stakeholders, proactively resolve exceptions, and help drive process improvements. Candidates should have 2-10 years of relevant experience, strong Excel skills, knowledge of financial instruments, and good English communication.
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Full Job Description
Fund Accounting Experts Opportunities in Hedge (Alternative Operations)
This is a general requisition, the exact role will be determined during the application process; you will be aligned to a role that best matches your interests and skills.
Contract Job Title: Senior Associate, Fund/Client Accounting / Associate, Fund/Client Accounting II/I
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.
Department overview:
The Alternatives Fund Accounting Department is responsible for ensuring the timely and accurate preparation of daily net asset value (NAV) for a number of complex Hedge Funds, Credit Funds, Private Market Funds, Real Estate Funds and Hybrid Funds investing in a wide variety of financial instrument types.
The team is dedicated to working collaboratively with high standards and attention to detail. We are looking for a colleague that shares our passion and desires professional growth.
Team overview:
The Alternatives Fund Accounting Department is responsible for the preparation of net asset value (NAV) for a number of Hedge Funds investing in a variety of financial instrument types such as equity, debt, derivatives and money market. We perform end to end valuation processes mostly with daily and monthly deadlines. We have direct contact with our clients (fund managers) and liaise with several teams internally.
- Hedge Funds NAV calculation
- Cash and Asset reconciliation
- Trade reconciliation, pricing review
- Corporate Actions review and booking
- Expense booking / payment instructions
- Fund audit support, onboarding and liquidation processing
In this role, you’ll make an impact in the following ways:
- Responsible for reviewing client accounting books and records
- Liaising and responding to clients and third parties, ensuring that client and third-party requests or queries are dealt with appropriately.
- Proactively identifying exceptions and problems affecting accounting records
- Implementing efficient processes and driving changes to the operating model
- Building effective relationships with key internal and external stakeholders
To be successful in this role, we’re seeking the following:
- 2-10 years of relevant experience in fields like Fund Accounting, Accounting, Transfer Agency, Financial Reporting, Pricing, Reconciliation, Corporate Actions or Audit
- Knowledge of financial instruments & markets
- Communicative English (min B2)
- Desire to gain knowledge and develop skills
- Attention to detail
- Good command of MS Excel
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.
