BNY Mellon Accountant, ETF in Brooklyn, New York
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.
Client Service Delivery (CSD) brings together BNY Mellon's key operational areas into one global team to better support the company's businesses and serve clients around the world. CSD helps clients to conduct business, service assets, and engage in transactions in 35 countries and more than 100 markets. At every stage of the investments lifecycle - creating, trading, clearing, settling, holding, servicing, managing, distributing and restructuring assets - CSD is working to make BNY Mellon the recognized industry service quality and productivity leader. Client Service Delivery manages investment monitoring, measurement and processing services for our clients. Our solutions include Securities Operations, Fund Administration, Transfer Agency, Outsourcing, Performance Measurement and other related services.
Perform fund accounting functions for Exchange Traded Funds such as calculation of baskets and cash components. Perform custodial functions. This includes income collection and verification, trade processing and settlement. Some global settlement.Interface with authorized participants, prepare AP collateral reports and ensure receipt and timely return of collateral. Receive creation/redemption orders from APs and obtain authorization from distributor. Ensure all fees and expenses are charged on a timely basis. Prepare reports and documentation for billing. Respond to inquiries from Investment Managers. Perform new fund set up on EPIC and administrative functions required for ETF deposits including dissemination of the portfolio composition file to NSCC, Authorized Participants and sponsors. Communicate necessary information to sponsors, answer sponsor inquiries. Research inquiries from fund accounting (ASR breaks within 48 hours). Accountants have decision-making authority with regard to his/her accounts. Critical problems are reported to the manager. Accountants are expected to research, explain and resolve unmatched trades and trade fails, mismatches between custody and accounting systems. Daily contact with the sponsor and investment manager. Contact with trust auditors concerning routine questions arising from audit. Daily contact with transfer agent, securities operations, settlement, and fund accounting Interface with APs concerning settlement and collateral.
Good communication, analytic and organization skills. PC Skills (Good knowledge of Microsoft products). Some knowledge of securities processing. College Degree in Accounting, Finance, or Economics is essential. 0 -2 years Securities industry or fund accounting experience.
- BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.*
Primary Location:* United States-New York-Brooklyn
Internal Jobcode:* 16990
Job:* Asset Servicing
Organization:* Structured Funds-HR13245
Requisition Number:* 1612706
Category: Asset Servicing