Exchange Traded Funds Accounting - Senior Vice President

About the role

The Exchange Traded Funds (ETF) industry is one of the fastest-growing and most dynamic segments of the financial sector, offering a wide range of career opportunities and exposure to a rapidly expanding market. Growth rates exceed those of mutual funds, resulting in increased jobs, product innovation, and demand for skilled professionals.

Responsibilities

• Direct multiple Fund Accounting teams responsible for conducting accounting services on behalf of a broad array of assigned clients including determining net asset values, calculating fund performance, allocating expenses, and preparing reports.
• Manage financial and human resources for the unit, ensuring assigned teams operate effectively to meet unit goals and objectives.
• Direct processes and allocation of resources in determining the net asset value (NAV) for assigned funds in multiple sectors for each measurement cycle.
• Manage relationships with a broad set of clients and resolve unique escalated issues related to fund calculations and accounting.
• Set priorities for processes that check for completeness and accuracy of disclosure in financial statements and provide guidance to teams to maintain accounting records in accordance with departmental policies and procedures.
• Evaluate GAAP and/or IFRS rules to determine the impact of new regulations on BNY Mellon fund accounting practices and develop strategies for implementation.
• Implement and assist in setting guidelines, policies, and priorities for drafting financial reports for clients to review fund performance and communicate complex accounting intricacies.
• Recruit, direct, motivate, and develop staff to maximize individual contributions, professional growth, and effective teamwork.
• Oversee relationships with auditors and clients to ensure financial reports accurately depict fund performance.
• Manage multiple Fund/Client Accounting teams primarily through subordinate managers and contribute to the achievement of multiple teams’ objectives.

Requirements

• Bachelor’s degree in accounting or the equivalent combination of education and experience.
• 5-7 years of total work experience with at least 1-3 years in management preferred.
• Experience at a Big 4 accounting firm preferred.

Qualifications

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to manage multiple tasks and prioritize effectively.
• Proficiency in Microsoft Office Suite.

Skills

• Knowledge of GAAP and IFRS.
• Experience with fund accounting systems.
• Strong leadership and team management skills.
• Ability to work independently and as part of a team.

Benefits

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.

Pay

The base salary for this position is expected to be between $102,000 and $220,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.

Schedule

This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.