Vice President, Exchange Traded Funds Basket Services

BNY Mellon
United States, California, Los Angeles
Jul 13, 2025
Vice President, Exchange Traded Funds Basket Services 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 and champions of inclusion, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance - and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary. We're seeking a future team member for the role of Vice President, Exchange Traded Funds Basket Services to join our Fund Accounting Team. This role is located in Los Angeles, CA. In this role, you'll make an impact in the following ways: Provide oversight for multiple small teams or one large team of staff responsible for conducting Basket Services on behalf of assigned clients including Portfolio Composition File (PCF) preparation, Creation and Redemption order processing, Cash and in-kind settlement arrangements, Unit settlement arrangements, Authorized Participant (AP) inquiries, Continuous Net Settlement, Rebalancing processing, Collateral processing, and PnL calculations. Manage multiple teams. Manage relationships with assigned clients and resolve any escalated issues related to Basket production. Direct and set priorities for processes that check for the completeness and accuracy of disclosure in financial statements. Provide guidance to teams managed to ensure that records are maintained in accordance with departmental policies and procedures. Resolve escalated issues from team members. Evaluate rules to determine impact of new regulations on BNY's Basket Services practices. Provide guidance to teams on implementation of new policies to follow regulations. Direct the drafting of financial reports for clients to review fund performance. Communicate reports and intricacies to clients. Recruit, direct, motivate and develop staff, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team. Lead working relationships with auditors and clients to make changes to financial reports and ensure they accurately depict fund performance. To be successful in this role, we're seeking the following: Manages multiple small teams or one large team of staff. Contributes to the achievement of team objectives. Bachelor's degree in accounting, finance, or the equivalent combination of education and experience is required. 5-7 years of total work experience preferred; working knowledge of custody and fund accounting, particularly as it relates to Exchange Traded Funds is preferred. At least 0-1 years in management preferred. At BNY, our culture speaks for itself, check out the latest BNY news at: BNY Newsroom BNY LinkedIn Here's a few of our recent awards: America's Most Innovative Companies, Fortune, 2024 World's Most Admired Companies, Fortune, 2024 Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024 Best Places to Work for Disability Inclusion, Disability: IN - 100% score, 2023-2024 "Most Just Companies", Just Capital and CNBC, 2024 Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024 Bloomberg's Gender Equality Index (GEI), 2023 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.