Senior Vice President, Fund/Client Accounting Manager - Retail Funds

BNY; Frankfurt; Vor Ort; EUR 150.000 - 210.000; Vollzeit

Benefits dieser Stelle

Competitive compensation

Generous paid leave

Wellbeing programs

Zusammenfassung

A leading global financial services company in Frankfurt is seeking a Senior Vice President to oversee fund accounting for German retail funds. This role includes managing the end-to-end NAV process, maintaining strong client relations, and ensuring operational compliance with regulatory frameworks. The ideal candidate will have extensive experience in fund accounting, especially in relation to German retail markets, and demonstrate leadership capabilities. Competitive compensation and benefits are offered, promoting a culture of excellence.

Qualifikationen

• 12+ years in fund accounting/administration with deep German retail funds experience.
• Proven leadership in large-scale onboardings or transitions.
• Expertise in German/UCITS frameworks and BaFin expectations.
• Fluency in German and English; strong stakeholder management with depositaries, auditors, regulators, and distributors.

Aufgaben

• Own end-to-end daily NAV process for German retail funds.
• Oversee daily cash/asset and unit reconciliations.
• Maintain client-facing responsibilities and interact with stakeholders.
• Oversee global certificate creation with custody teams and ensure timely transmission to Clearstream Banking (CBF).
• Ensure corporate actions are synchronized with depositories; operate mandatory CA pre-lists and exception clearance to avoid NAV divergence.
• Oversee share class divergence controls and standing-instruction playbooks (e.g., dilute/waive logic for cap-stock vs expense impacts; hedged/unhedged treatment).
• Govern swing pricing thresholds/factors, normal vs stressed regimes, and reporting; manage TA estimate delays and client notifications per SLD.
• Coordinate reporting: daily NAV files/SFTP, Nexen reporting access (assets, accruals, trial balance, NAV impacts), portfolio turnover (HK/SG), and monthly/quarterly board/KPI packs.
• Embed depositary fee plausibility checks and invoice/payment controls; manage FX standing instructions for expense payments where required.

Kenntnisse

Fund accounting

Leadership

Stakeholder management

NAV control frameworks

Reconciliation tooling

German and English fluency

Ausbildung

Professional accounting/tax qualifications

Big 4/audit experience

Tools

SFTP/API interfaces

Bloomberg

Jobbeschreibung

Overview

BNY is a leading global financial services company focused on growth, innovation, and client success. We influence a significant portion of the world’s investible assets and use cutting-edge AI and technology to deliver transformative financial solutions.

Join us in Frankfurt, Germany as Senior Vice President to lead end-to-end fund accounting for German retail funds (Publikumsfonds) across UCITS and certain non-UCITS in scope for AGI onboarding. You will be accountable for daily NAV production and release, and the control environment that supports distribution at scale in the German market. You will partner with Product, Client Coverage, Middle Office, Transfer Agency, Custody/Depositaries, Operational Tax, Risk/Compliance and Technology to deliver a seamless migration and a stable BAU service thereafter.

Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. This role is located in Frankfurt, Germany.

Responsibilities

• Own end-to-end daily NAV process for German retail funds, including depositary confirmation windows and third-party recipient distributions.
• Maintain significant client-facing responsibilities with frequent interaction across various client stakeholders.
• Oversee daily cash/asset and unit reconciliations; escalate aging/material breaks and manage resolution; maintain post-event reconciliations for mergers/liquidations as needed.
• Oversee global certificate creation with custody teams and ensure timely transmission to Clearstream Banking (CBF).
• Ensure corporate actions are synchronized with depositories; operate mandatory CA pre-lists and exception clearance to avoid NAV divergence.
• Oversee share class divergence controls and standing-instruction playbooks (e.g., dilute/waive logic for cap-stock vs expense impacts; hedged/unhedged treatment).
• Govern swing pricing thresholds/factors, normal vs stressed regimes, and reporting; manage TA estimate delays and client notifications per SLD.
• Coordinate reporting: daily NAV files/SFTP, Nexen reporting access (assets, accruals, trial balance, NAV impacts), portfolio turnover (HK/SG), and monthly/quarterly board/KPI packs.
• Embed depositary fee plausibility checks and invoice/payment controls; manage FX standing instructions for expense payments where required.
• Continuously uplift automation, vendor integrations (Bloomberg/WM), and data lineage; sponsor reduction of price verification exceptions.

Qualifications

• 12+ years in fund accounting/administration with deep German retail funds experience; proven leadership in large-scale onboardings or transitions.
• Expertise in German/UCITS frameworks (KAGB, KARBV), BaFin expectations, WM Daten specifics, and retail distribution operational nuances.
• Fluency in German and English; strong stakeholder management with depositaries, auditors, regulators, and distributors.
• Demonstrated mastery of NAV control frameworks, pricing vendor oversight, liquidity tools (swing/ADL), and fee architectures (caps/waivers/performance fees).
• Hands-on with reconciliation tooling, SFTP/API interfaces, and data quality governance (ISIN/WKN/WM).
• Big 4/audit interface or equivalent experience; professional accounting/tax qualifications a plus.
• Experience managing and influencing key internal senior stakeholders; direct client management experience.

About BNY

At BNY, our culture speaks for itself. Check out the latest BNY news:

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Awards

• America’s Most Innovative Companies, Fortune, 2025
• World’s Most Admired Companies, Fortune 2025
• “Most Just Companies”, Just Capital and CNBC, 2025

Benefits And Equity

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and a pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey, with a focus on health, personal resilience, and financial goals as a valued team member. Generous paid leave, including paid volunteer time, supports 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.