Associate, Fund Administration I

At The Bank of New York Mellon, we believe in the power of collaboration and diversity to drive innovation and success. As an Associate, Fund Administration I, you will have the opportunity to join a dynamic team of professionals who are dedicated to delivering exceptional service to our clients. We are looking for a highly motivated individual with a strong work ethic and a passion for finance and investment management. If you are ready to take on a challenging and rewarding role in the financial industry, we invite you to apply and become a part of our growing organization.To be successful in this role, you must have a Bachelor's degree in Finance, Accounting, or a related field and at least 1-2 years of experience in fund administration or investment management. Attention to detail, excellent analytical skills, and the ability to work in a fast-paced environment are essential qualities for this position. In addition, strong communication and interpersonal skills are crucial as you will be collaborating with various teams and stakeholders. If this sounds like you, we would love to hear from you. Join us in shaping the future of finance and make a positive impact in the industry.

1. Perform daily fund administration tasks, including NAV calculations, trade processing, and reconciliation of cash and assets.
2. Collaborate with internal and external teams to ensure accurate and timely processing of fund transactions.
3. Monitor and review fund performance and report any discrepancies or issues to management.
4. Assist in the preparation of financial statements and other regulatory reports for clients.
5. Conduct research and analysis to identify areas for process improvements and efficiency.
6. Maintain a strong understanding of fund structures, industry regulations, and market trends.
7. Communicate with clients and stakeholders to address any inquiries or concerns regarding fund administration.
8. Develop and maintain strong working relationships with clients and internal teams to ensure high-quality service delivery.
9. Participate in training and development programs to enhance knowledge and skills in fund administration and investment management.
10. Adhere to company policies and procedures, as well as industry regulations, to ensure compliance and mitigate risks.
11. Stay updated on industry developments and changes in regulations to ensure compliance and suggest necessary changes to processes.
12. Provide support to senior team members and assist in mentoring and training new associates.
13. Demonstrate a strong work ethic and commitment to delivering excellent service to clients.
14. Maintain confidentiality and handle sensitive information with professionalism.
15. Contribute to a positive and collaborative team environment by promoting diversity and inclusion.

According to JobzMall, the average salary range for a Associate, Fund Administration I in Pune, Maharashtra, India is between ₹ 3,00,000 - ₹ 5,00,000 per year. However, this can vary depending on the specific company, industry, and level of experience. It is always best to research the specific job and company you are interested in for a more accurate salary estimate.

The Bank of New York Mellon Corporation is an American worldwide banking and financial services holding company headquartered in New York City. Bank of New York was established in 1784. BNY Mellon was formed with the merger of The Bank of New York and the Mellon Financial Corporation.