Senior Associate, Middle Office jobs in United States
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BNY · 1 month ago

Senior Associate, Middle Office

BNY is a leading global financial services company that significantly influences the world's investible assets. They are seeking a Senior Associate for their Middle Office team in Pittsburgh, PA, where the role involves overseeing quality control, managing complex reconciliations, and providing guidance to junior team members.

Financial Services

Responsibilities

Oversee quality control of processing, work allocation, and workflow of a Middle Office team and outsourced functions in accordance with SLD
Review and approve work conducted by more junior levels in accordance with function policies and procedures
Perform analysis and research on the most complex transactions and identify solutions to complex inquiries
Serve as subject matter expert, conducting research to gather information on the most complex, multi-faceted transactions and provide answers to complex inquiries escalated by lower levels
Facilitate maintenance of trade static data, trade enrichment, trade exception handling, and market claims
Manage the most complex reconciliations analysis (cash, asset, trade matching, and market value), break assignment, resolution of reconciliation breaks, and trade fails
Participate in monthly end-client statement workflow, ad hoc reporting, and incident management
Identify, resolve, and escalate any issues affecting the accuracy of the Investment Book of Record (IBOR) within the team
Provide guidance to less experienced team members and act as a subject matter expert within incident management
Collaborate with multiple internal and external stakeholders to resolve reconciliations of accounts for complex or atypical transactions
Regularly interact with clients to answer questions and resolve multifaceted inquiries for complex transactions
Contribute to the achievement of team objectives

Qualification

Analytical skillsTrade static data maintenanceReconciliation processesIncident managementProblem-solving skillsTeam guidanceCommunication skills

Required

Bachelor's degree in finance or the equivalent combination of education and experience
Strong analytical and problem-solving skills with the ability to handle complex transactions
Experience in trade static data maintenance, reconciliation processes, and incident management
Ability to provide guidance and support to less experienced team members
Excellent communication skills for client interaction and collaboration with stakeholders

Preferred

5-7 years of total relevant work experience preferred

Benefits

Highly competitive compensation
Benefits
Wellbeing programs
Flexible global resources and tools
Generous paid leaves
Paid volunteer time

Company

For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth.

Funding

Current Stage
Late Stage

Leadership Team

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Brian A. Ruane
CEO Government Securities Services & Global Client Management
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Chris Kearns
CEO, Depositary Receipts
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Company data provided by crunchbase