Germany Job Openings

The Bank of New York Mellon Corporation

Manager Alternatives Operations - Real Estate - SPV Operations - Vice President, Fund/Client Accounting Manager II

Frankfurt am Main

September 20, 2024

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #Life At BNY is all about.
We’re seeking a future team member for the role of Manager Alternatives Operations - Real Estate - SPV Operations to join our BNY Alternative Operations Germany team. This role is located in Frankfurt- hybrid (3 days from the office, 2 days from home).
In this role, you’ll make an impact in the following ways:
  • Directing a team that is responsible for providing SPV administration services to a major real estate client.
  • Designing and improving processes for ensuring that timely monthly reporting, annual audits and valuations of the entities are provided to the client on time and in high quality.
  • Managing relationships with client representatives and other stakeholders.
  • Communicating with clients on complex issues.
  • Evaluating German investment law and regulations to determine impact of new regulations on BNY Operations’ practices.
  • Training of junior team members, guiding them in solving complex issues. Covering for the Head of SPV Operations during absences and on other occasions.
  • Seeking opportunities for improving processes and service delivery.
To be successful in this role, we’re seeking the following:
  • 5 years+ experience in real estate-related SPV operations or fund accounting. Applicants with an external audit background are also very welcome.
  • Team management experience would be an advantage.
  • Track record of operational excellence.
  • Extensive knowledge of real estate accounting and legal entity requirements.
  • Strong communication skills, able to communicate professionally and lead discussions with important clients.
  • Highly proactive team player, who is willing to work across silos and to consider downstream impacts of their tasks.
  • Good command of German language, sufficient to articulate complex topics.
  • Ability to drive change and complex operational process enhancements.
  • Project management experience an advantage.
  • Experience with Yardi accounting platforms an advantage.
At BNY, our culture speaks for itself. Here’s a few of our 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.


BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.
Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.
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