Director, Fund Operations Manager

BNY Mellon

$130K — $250K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting or equivalent education/experience
  • 10-15 years of work experience
  • 3-5 years of management experience preferred
  • Experience in accounting and/or finance preferred

Responsibilities

  • Direct the Fund Reporting area with multiple teams preparing financial reports
  • Manage financial and human resources to meet team goals
  • Execute business plans contributing to functional strategy
  • Provide oversight in setting processes for financial disclosure accuracy
  • Resolve complex issues escalated by team members
  • Oversee relationships with senior auditors and complex clients
  • Ensure financial reporting complies with corporate and regulatory standards
  • Lead analysis of accounting changes for policy compliance
  • Present fund reports to the Board of Directors for good governance
  • Recruit and develop staff for effective teamwork
  • Manage a large Fund Reporting area through subordinate managers

Benefits

  • Access to flexible global resources and tools
  • Focus on health and personal resilience
  • Generous paid leaves, including paid volunteer time
  • Support for family moments that matter
  • Highly competitive compensation and benefits programs
Full Job Description
Job Description

We're seeking a future team member for the role of Director to join our Fund Reporting team. This role is located in Boston, MA ( 4 days in office expectation per week).

In this role, you'll make an impact in the following ways:
  • Direct a Fund Reporting area consisting of multiple teams responsible for preparing and reviewing financial reports on behalf of assigned clients and funds.
  • Manage financial and human resources for the unit, ensuring teams operate effectively to meet unit goals and objectives.
  • Execute business plans and contribute to the development of functional strategy.
  • Provide oversight and guidance in setting processes that ensure completeness and accuracy of disclosure in financial statements.
  • Resolve the most complex escalated issues from team members.
  • Oversee relationships with senior-level auditors and large, complex clients to ensure financial reporting meets expectations and accurately depicts fund performance.
  • Ensure financial reporting complies with Corporate and applicable regulatory standards.
  • Lead analysis of changes in accounting and disclosure standards to establish new policies ensuring compliance.
  • Lead presentation of fund reports to the Board of Directors to ensure good governance and communicate complex, difficult, or controversial concepts.
  • Recruit, direct, motivate, and develop staff to maximize individual contributions, professional growth, and effective teamwork.
  • Manage a large Fund Reporting area primarily through subordinate managers.
  • Responsible for achieving goals of a large financial reporting area, talent management, and supervision of teams.

To be successful in this role, we're seeking the following:
  • Bachelor's degree in accounting or the equivalent combination of education and experience.
  • 10-15 years of total work experience with at least 3-5 years of management experience preferred.
  • Experience in accounting and/or finance preferred.

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 assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $130,000 and $250,000 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.

This position is at-will and the Company reserves the right to modify base (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.

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