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

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We are seeking a 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 closely 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. This role is located in Frankfurt, Germany.

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

• Own end‑to‑end daily NAV process for German retail funds, including depositary confirmation windows and third‑party recipient distributions.

• 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.

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

• 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

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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.

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