Associate, Derivatives Middle Office I
About The Position
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, 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 Associate - to join our derivatives middle office team.. This role location in Lake Mary, Florida and is a hybrid position (4 days in office per week). In this role, you'll make an impact in the following ways:
Requirements
- Bachelor's degree in finance or the equivalent combination of education and experience.
- 0-3 years of total relevant work experience preferred.
- Ability to collaborate effectively with internal and external stakeholders.
- Strong analytical and problem-solving skills.
Responsibilities
- Process, monitor, research, and analyze transactions while resolving non-complex inquiries.
- Coordinate with internal and external stakeholders and/or clients to gather, disseminate, and resolve basic information about transactions.
- Conduct research on non-complex transactions and data-related, straightforward inquiries with guidance.
- Perform reconciliations to third parties (cash, asset, trade matching, and market value), analyze and resolve reconciliation breaks and failing trades.
- Maintain trade static data, trade enrichment, trade exception handling, and market claims.
- Manage daily portfolio valuation processes and engage in exception processing for breaks.
- Participate in monthly accounting close processes, cash projection reports, cash management support, monthly end-client statement delivery, and ad hoc reporting.
- Escalate complex transactions to senior team members and collaborate with a limited group of internal and external stakeholders to deliver recommendations to basic inquiries.
- Interact with clients to answer basic questions and resolve straightforward inquiries.
- Contribute to the achievement of team objectives.
Benefits
- 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.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Industry
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Number of Employees
5,001-10,000 employees
