Associate, Middle Office I

BNY Mellon • Pittsburgh, PA

63d

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 and champions, 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, Middle Office I to join our team. This role is located in Pittsburgh, PA.
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 is required.
• 0-3 years of total relevant work experience preferred.

Responsibilities

• Responsible for processing, monitoring, researching and analyzing transactions and resolving non-complex inquiries.
• May coordinate with both internal stakeholders and external stakeholders and/or clients to gather, disseminate, and resolve basic information about transactions.
• With guidance, conducts research to gather information on non-complex transactions and data-related, straightforward inquiries.
• Responsible for reconciliations to third parties (cash, asset, trade matching, and market value) and analysis, break assignment and resolution of reconciliation breaks and failing trades.
• Responsible for or facilitating the maintenance of trade static data, trade enrichment, and trade exception handling and market claims.
• Also responsible for daily portfolio valuation processes and engages in exception processing for breaks.
• May also participate in monthly accounting close processes, cash projection reports, cash management support, monthly end-client statement delivery, and ad hoc reporting.
• Focus is on gaining middle office experiences.
• Escalates complex transactions to senior team members.
• Collaborates with limited group of internal and external stakeholders to deliver recommendations to basic inquiries.
• Interacts with clients in answering basic questions and resolving straightforward inquiries.
• No direct reports.
• Contributes 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level