Associate, Fund Administration I

Associate, Fund Administration I

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world s financial system we touch nearly 20% of the world s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities, and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We re seeking a future team member for the role of Associate, Fund Administration I to join our Global Transfer Agency Operations team. This role is located in Chennai, TN - HYBRID.

In this role, you ll make an impact in the following ways:

• The individual must have sound knowledge and relevant working experience/exposure in AIS TA, Hedge Funds.
• Must have in-depth knowledge of client and fund onboarding, fund administration, trade processing (subscription, redemption, transfer, and switch), demand deposit account reconciliation, cash processing (redemption proceeds and distribution payments), issuing statements, and contract notes reporting services (shareholder, open order, sales report, audited financial statement, administration report, capital call notice, distribution notice, etc.). Private equity experience is an added advantage.
• Should be able to communicate effectively with both internal and external parties involved. The individual should also have an eye for detail, controls and keep updated with the latest market development and regulatory requirements.
• Processes account related transactions per scheduled events/client authenticated direction. Following established procedures, answers inquiries, and resolves problems or issues.
• Manage situations which may require adaptation of response or extensive research according to client response. Escalates into more complex situations to senior colleagues.
• Integrates area knowledge with understanding of industry standards and practices to provide solutions to internal and external clients.
• Performs complex operational tasks in a product or functional area.

To be successful in this role, we re seeking the following:

• Bachelor s degree or the equivalent combination of education and experience needed.
• 3+ relevant years of total work experience preferred.
• As the product is of a global nature, the individual must be fully aware that any decision made may have a downstream impact affecting other teams locally and globally. Failure to comply with the procedure or take follow-up actions will have a negative impact on clients and may result in financial losses.
• The individual will be interacting (Verbal/Business Communication via Emails) with the Operations group, Counterparties, Business Partners and the Fund Managers/Investors to resolve issues.

At BNY, our culture speaks for itself. Here s a few of our awards:

• America s Most Innovative Companies, Fortune, 2024
• World s Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
• Best Places to Work for Disability Inclusion , Disability: IN - 100% score, 2023-2024
• Most Just Companies , Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
• Bloomberg s Gender Equality Index (GEI), 2023

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.