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BNY

Safeguards and moves assets for investors

Vice President, Accounting

Financial AccountingPosted on Nov 10
Full-timeNew York, NY, USA$69k - $160kIn-person

About the Job

Requirements

  • A Bachelor's degree in Accounting, Finance, or a related field is required; an advanced qualification is a plus.
  • A professional accounting qualification or Chartered Financial Analyst qualification, Certified Public Accountant qualification, or Chartered Financial Analyst credential is required.
  • At least five years of experience in financial markets finance or product control, ideally supporting foreign exchange or fixed income businesses.
  • Strong technical accounting knowledge, particularly International Financial Reporting Standards and U.S. Generally Accepted Accounting Principles, with the ability to apply accounting judgment in a trading and control environment.
  • Strong analytical and investigative capability, including assessing large volumes of financial information, identifying anomalies, determining root causes, and driving actions through to resolution.
  • Experience reviewing control processes and outputs, with a strong understanding of financial controls, balance sheet substantiation, and governance in a controlled environment.
  • Experience working with offshore or shared service teams, including reviewing their work, providing developmental feedback, and improving quality and consistency of delivery.
  • Ability to operate effectively in a fast-moving, highly controlled, multinational organization with multiple stakeholders and competing priorities.
  • Stakeholder management and communication skills, including providing clear, concise, and well-targeted updates to senior management and business partners.
  • Experience contributing to or leading change initiatives, including process redesign, systems implementations, automation, or operating model enhancements.
  • Exposure to front-office, middle-office, and back-office processes and systems supporting foreign exchange and fixed income trading activities.
  • Proficiency in financial systems and reporting tools, with the ability to use data to generate insight, challenge outcomes, and support decision-making.

Responsibilities

  • Deliver daily trading profit and loss to the desk, analyze results, explain key movements, and investigate exceptions, breaks, and unusual activity in a timely manner.
  • Perform detailed analytical reviews of daily profit and loss, balance sheet, and control outputs; identify themes, investigate issues to root cause, and drive timely remediation.
  • Review and oversee controls and reporting performed by the Global Financial Centre of Excellence, ensuring offshore-produced work is accurate, consistent, and compliant with required standards.
  • Review daily balance sheet controls, including collateral and cross-product netting, focusing on completeness, accuracy, escalation, and sustainable resolution of issues.
  • Maintain a robust financial control environment across foreign exchange and fixed income trading activities for U.S. and international regions, ensuring key risks are understood, challenged, and managed.
  • Partner with the Global Financial Centre of Excellence to provide structured oversight, guidance, and ongoing training and development that enhance control execution, technical understanding, and team effectiveness.
  • Support front-office, middle-office, back-office, technology, and finance stakeholders in resolving accounting, control, and reporting issues, ensuring impacts are understood and addressed.
  • Contribute to new product initiatives, business expansion, systems implementations, and process reengineering by assessing accounting and control impacts, identifying risks, and helping design effective operating solutions.
  • Support Financial Control and Regulatory Reporting teams by delivering and interpreting key data for external reporting and governance processes.
  • Oversee month-end close responsibilities for relevant product areas, including reviewing results, investigating variances, escalating material items, and coordinating issue resolution.
  • Drive improvements in accounting, control, and reporting processes to strengthen the control framework, improve efficiency, reduce manual work, and deliver more scalable operating models.
  • Provide management with concise, targeted, decision-useful updates on control issues, profit-and-loss matters, delivery risks, remediation progress, and strategic initiatives.
  • Use data, automation, and artificial-intelligence-enabled capabilities where appropriate to enhance analysis, strengthen controls, and improve reporting efficiency.

About the Company

BNY

Safeguards and moves assets for investors

BNY safeguards financial assets and runs investment services for institutions, investment firms and wealthy clients around the world. Its custody business keeps clients' securities safe and handles the records and transactions needed to administer investment funds. Banks and brokers use its systems to settle trades, manage collateral and send payments, while its investment and wealth businesses manage portfolios and advise clients. It earns servicing and management fees as well as interest on loans and securities funded by client deposits. BNY traces its roots to the Bank of New York, founded by Alexander Hamilton in 1784, and is headquartered in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1784

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