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BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the “bank of banks” - 97% of the world’s top banks work with us as we lead and serve our customers into the new era of digital.
With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we’re approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.
Department/Team overview
As part of BNY Mellon Fund Accounting and Administration, the team Risk Controlling provides fund risk related analysis and reports to German clients including investment compliance, market and liquidity risk measurement and AIFMD reporting. The team of 5 people is located in Frankfurt, Germany. It closely interacts with other local Fund Accounting and Administration teams (Data Management, Fund Accounting and Reporting) in Frankfurt and Wroclaw.
A successful candidate would deliver enhancements for investment compliance or support AIFMD reporting in the Risk Controlling team taking the development opportunities in the other of the two topics. Development opportunities are also available in the full range of Risk Controlling and risk reporting services as well as related cross-departmental initiatives.
Your role:
- Development and enhancement of methods and solutions for fund risk controlling and fund risk reporting in line with regulatory requirements and best industry practices in Germany
- Design, implement and enhance rules for regulatory, contractual and internal investment compliance restrictions
- AIFMD Reporting
- Contribution and representation of the team in cross-departmental projects as well as BVI working groups (German fund industry association)
- Implementation of process changes and process improvements
- Contribute to the daily and monthly execution of fund risk controls, analysis, data validation and reports, especially for ex-post investment compliance checks, leverage calculation as well as limit checks for market and liquidity risk
- Due diligence assessments for target investment funds, securitisations and structured products
- Know Your Fund assessments
- Advice to clients / asset managers for queries about fund risk controlling topics, fund risk reporting and / or AIFMD reporting
- Point of contact for auditors for fund risk controlling topics, fund risk reporting and / or AIFMD reporting
- Coordination of cross-departmental new instrument process
The successful candidate will demonstrate/possess:
- Degree in Finance or Economy or other similar discipline.
- Proven relevant work experience of 3-5 years within Risk Controlling/Investment Compliance in financial services and/or AIFMD Reporting.
- Advanced skills in German language.
- Fluent English spoken and written (min. B2 level).
- Very good communication skills.
- Good knowledge of MS Office and knowledge of VBA are preferable.
Our Offer:
- Excellent opportunities for training, growth, and professional development
- Be part of a growing business and a great success story
- Work in a flexible hybrid model environment (office/home office)
- Mentoring and job shadowing programs
- A multitude of opportunities to get involved in additional charity projects and engagement groups
- Employee Referral Program
- Health Promotion: Wellbeing and Innovation Centre, Wellbeing programs
- Full time contract of employment
- Competitive salary
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.
Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.
