Specialist, Fund Accounting Bank Loan Support

Corporate Title: Specialist, Fund/Client Accounting Representative I

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #Life AtBNY is all about. Join us and be part of something extraordinary.

We’re seeking future team members for the role of Specialist, Fund/Client Accounting Representative I to join our Fund Accounting Bank Loan Support team in Wroclaw. In this role, you will support bank loan processing and lifecycle activities for investment fund portfolios, ensuring high-quality execution, control, and client service.

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

About the Bank Loan Support Model

• Centralized utility: We operate as a centralized utility focused on end-to-end lifecycle processing and reconciliation of bank loans within the Fund Accounting (FA) platform.
• Data-driven processing: Using data provided by loan servicers, we process income accruals, interest payments, and paydowns on the accounting platform.
• Strong controls: We maintain robust internal controls to detect and resolve income, cash, and position discrepancies when necessary.
• NAV integrity: Our core objective is to ensure accuracy, completeness, and consistency of all bank loan-related data that impacts the fund’s NAV.
• Subject matter expertise: We act as subject matter experts (SMEs) for new client and fund launches that include bank loans, ensuring a controlled and scalable setup.
  How You’ll Make an Impact
• Process client instructions accurately and within agreed timelines, maintaining strong control and auditability.
• Enter and verify bank loan data in the fund accounting system to ensure completeness and accuracy.
• Monitor exception reports and proactively identify, investigate, and resolve issues.
• Reconcile booked instructions against trade blotters and resolve breaks promptly.
• Collaborate with external parties (clients) and internal teams (Fund Accounting, Loan Operations, Trade Capture) to ensure all instructions are processed correctly.
• Investigate and explain discrepancies; communicate clearly with stakeholders to remediate variances and confirm resolutions.
• Contribute to process improvements, documentation updates, and control enhancements to reduce operational risk.
  Core Process Components You’ll Work With

Trade Capture and Security Master:

o Partner with Trade Capture to process original buy/sell trades on the accounting platform.

o Support accurate security master setup and maintenance using vendor and servicer data.

Bank Loan Lifecycle Processing:

o Process daily lifecycle events, including interest accruals, paydowns, restructures, and client-instructed position adjustments.

Reconciliation and Controls:

o Review daily reconciliations to ensure positions, accruals, cash movements, unfunded commitments, and maturity dates are correctly matched and updated.

o Escalate and resolve breaks in line with control standards and timelines.

• Data Maintenance:

o Maintain coupon and loan data on the accounting platform, ensuring timely and accurate updates.

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

Required Qualifications

• Bachelor’s degree in finance, Accounting, Economics, or a related field (or equivalent experience).
• Foundational knowledge of fund accounting concepts and financial instruments, particularly bank loans.
• Strong attention to detail, numerical accuracy, and problem-solving skills.
• Clear communication skills and ability to collaborate effectively across teams and with external stakeholders.
• Proficiency with Excel and comfort working with operational systems; ability to learn new platforms quickly.
• Strong English proficiency (written and spoken).
  Preferred Qualifications
• Prior experience in fund accounting, investment operations, or bank loan/derivatives support would be an asset.
• Exposure to trade blotters, position reconciliations, lifecycle event processing, and vendor/servicer data would be an asset.
• Process improvement mindset; experience with documentation, standardization, or control enhancements would be an asset.

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Here’s a few of our recent awards:

· America’s Most Innovative Companies, Fortune, 2025

· World’s Most Admired Companies, Fortune 2025

· “Most Just Companies”, Just Capital and CNBC, 2025

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.