BNY Mellon
London, Greater London, United Kingdom
6d ago


The successful applicant will be joining a growing and important team, which is integral to continued success of the Direct Lending strategy.

Applicants should be a team player, have a pro-active mindset and the ability to manage multiple workflows whilst contributing to a positive culture within the team.

The role is responsible for a portfolio of funds and the key requirements for these funds will be :

Quarterly Reporting Cycle : Delivery of relevant and accurate information to investors on a timely basis is a core requirement of this role.

Since the launch of the Direct Lending strategy, the team has worked towards delivering best in class reporting and it is committed to delivering this in the future.

  • On a quarterly basis agree the quarter end schedule with the administrator and work towards meeting each of the agreed deadlines.
  • Quarterly NAV file preparation for a portfolio of funds. Primarily for LP / GP and master feeder structures with multiple Investor classes.
  • Investigate and resolve all discrepancies and reconciling differences with the administrator’s files.
  • Review Financial Statements (Lux GAAP, UK GAAP, US GAAP and IFRS) and Capital Statements (ILPA) ahead of distribution to investors.
  • Calculation and review of fund management and performance fees.
  • Prepare fund-by-fund KPI and performance analysis including asset, investor and fund IRR’s for internal distribution.
  • Contribute to the standardisation of controls and process across the fund platform.
  • Prepare and review portfolio tables for inclusion in investor advisor reports.
  • Fund Liquidity and Fund Control : In addition to the quarterly reporting cycle, the role will also be involve :

  • Manage fund liquidity through LP drawdowns as well as bridge and leverage utlisations for a portfolio of funds.
  • Ongoing liaison with fund administrators ensuring ongoing and ad hoc deliverables for investors or other stakeholders are delivered on time.
  • Monitor FX risk through periodic FX hedge reconciliations and adherence to the FX Hedging Policy
  • Ensuring Fund Investment guidelines are met for new deal allocations
  • Maintenance of portfolio management systems.
  • Qualifications

    Our expectation is that people will bring :

  • Excellence
  • Client Drive
  • Accountability
  • Efficient Decision Making
  • Experience and qualifications required :

    Given the nature of the role, we are looking for someone with a keen eye for detail who has a numeric background and is motivated by delivering high quality and accurate reporting to our investors.

    Experience with LP / GP structures and / or Master Feeder structures as well as a fund accounting background would be beneficial.

    The applicant will need to have achieved a minimum of a 2.1 (or equivalent) at degree level. They will have more than 2 years’ experience working as a fund accountant on either LP / GP structures or within the private debt space.

    The applicant should be ACCA (or equivalent) qualified or part qualified with a strong numeric background. Given the nature of the role the successful applicant will also be able to demonstrate strong excel and communication skills as well as an ability to manage and prioritise multiple workflows.

    BNY Mellon is an Equal Employment Opportunity Employer. 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.


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