Specialist, Fund Administration II

About the role

The position is located in Lake Mary, Florida. In this role, you’ll make an impact by performing 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. You’ll calculate daily fund position and cash reconciliations for moderately complex funds and assist in resolving escalated discrepancies. You’ll report and analyze fund revenues, expenses, profitability, and other key metrics. You’ll work extensively with clients to communicate fund expense and performance information regarding moderately complex funds and answer questions about funds. You’ll review fund data and monitor compliance with all regulatory, BNY Mellon, and client specifications. You’ll collaborate with internal and external auditors to provide requested information of greater complexity. You’ll compile and analyze fund performance data for inclusion in Board of Directors report materials. You’ll review fund expense budgeting conducted by support staff. You’ll provide guidance to less experienced team members as needed and contribute to the achievement of team objectives.

Responsibilities

• 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 answer questions about funds.
• 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.

Requirements

• Bachelor’s degree in accounting or the equivalent combination of education and experience is required.
• 3-5 years of total work experience preferred.
• Experience in accounting or fund administration preferred.
• No direct people leadership responsibilities.

Qualifications

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficiency in Microsoft Office Suite.
• Ability to manage multiple tasks and priorities.
• Attention to detail and ability to work independently and as part of a team.

Skills

• Fund administration experience.
• Knowledge of financial regulations and compliance requirements.
• Strong Excel skills for data analysis and reporting.
• Ability to work with databases and financial systems.
• Good understanding of financial statements and accounting principles.

Benefits

At BNY, our culture speaks for itself, check out the latest BNY news at: BNY Newsroom & BNY LinkedIn 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.

Pay

The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting. Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award.

Schedule

This is a full-time position.