Full Job Description
We're seeking a future team member for the role of VP to join our ETF Service Delivery Team. The position is located in New York, NY ( 4 day in office expectation).
- The Exchange Traded Funds 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 are exceeding those of mutual funds, resulting in increased jobs, product innovation, and demand for skilled professionals. BNY invites qualified individuals to join our team as we support significant market growth and expansion.
In this role, you'll make an impact in the following ways:
- 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.
To be successful in this role, we're seeking the following:
- 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.
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 $102,000 and $175,000 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 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.