Posted 17 days ago
No clicks
BNY Mellon is hiring a Senior Associate in Fund Administration to oversee NAV review, regulatory reporting and fund accounting processes for Luxembourg-based funds. The role requires ensuring accurate NAV communication, timely regulatory filings, expense payments, tax reporting and adherence to firm controls and procedures. The Senior Associate will supervise staff, act as a central contact for launches, liquidations and client queries, and support outsourcing governance and general partnership accounting. Strong knowledge of Lux GAAP/IFRS, fund accounting platforms and supervisory experience are required.
- Compensation
- Not specified
- City
- Luxembourg
- Country
- Luxembourg
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 Senior Associate – Fund Administration to join our team located in 2-4 rue Eugene Ruppert, Luxembourg.
In this role, you’ll make an impact in the following ways:
- Ensure the net asset value oversight review of all funds are performed on a timely basis in accordance with BNY Mellon standard or client specific procedures and timetables, with zero error tolerance
- Ensure the NAVs are accurately communicated to the relevant parties according to the client specific agreed procedures.
- Ensure that Luxembourg regulatory reporting is performed within deadlines.
- Supervise the timely payment of fund expenses.
- Ensure BNY Mellon standard procedures and controls are being adhered to on a daily basis by all staff under supervision.
- Communicate new procedures on a fund to all relevant staff.
- Ensure standard controls are at all times sufficient, have been rigorously adhered to and properly applied and are understood by staff.
- Communicate any significant operational issues that arise to Manager.
- Ensure client concerns/requests are addressed as soon as possible and within an agreed timetable.
- Provide non-daily services/reporting to all clients.
- Act as central point of contact for launches, liquidations, queries, budget and billing reviews.
- Provide tax reporting in a timely manner, in coordination with the overseas offices.
- Review of General Partnership Accounting
- Assistance in monitoring and maintaining outsourcing governance in accordance with CSSF Circular 22/806
To be successful in this role, we’re seeking the following:
- At least 5 years work experience within a similar environment. Big 4 accounting firm experience preferred.
- Third level qualification in business related discipline. Accounting Qualifications preferred.
- Good working knowledge of Lux GAAP, IFRS, INREV reporting guidelines.
- Familiarity with Geneva, Yardi, or Investran accounting platforms
- Supervisory experience.
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.
