Senior Associate, Alternative Investments Accounting

Job Description

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.

We’re seeking a future team member for the role of Senior Associate to join the Private Equity Team. This role is located in New York, NY with a 4‑day in‑office expectation.

• Conduct accounting services on behalf of assigned clients and moderately complex funds, including determining net asset values, calculating fund performance, allocating expenses, and preparing reports.
• Perform complex Fund/Client Accounting responsibilities in driving service improvement plans, targeting efficiencies, enhancing processes, and specialist review functions.
• Provide input into methodologies and review the work of more junior team members.
• Guide and review work related to cash and asset reconciliations for complex accounts or transactions, resolving reconciliation issues for atypical transactions.
• Draft and review reports for clients regarding the performance of complex funds.
• Regularly interact with clients to answer questions and resolve issues regarding fund reports and accounting processes.
• Assist in evaluating GAAP and/or IFRS rules to determine the impact of new regulations on BNY fund accounting practices.

• Bachelor’s degree in accounting or the equivalent combination of education and experience.
• 5–7 years of total work experience preferred.
• Ability to provide guidance to less experienced team members.
• May have people management responsibilities in some geographies.

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.

The base salary for this position is expected to be between $52,000 and $120,000 per year at the commencement of employment. Base salary will be determined on an individualized basis, including experience and market location, and is only part of the total compensation package. The package may also include commission earnings, discretionary bonuses, short and long‑term incentive packages, and company‑sponsored benefit programs.

BNY is an Equal Employment Opportunity/Affirmative Action Employer – Underrepresented racial and ethnic groups, Females, Individuals with Disabilities, and Protected Veterans.

This position is at‑will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time based on performance, location changes, company or team performance, and market factors.