Senior Associate, Trading Services

The Bank of New York Mellon•Berwyn, PA

41d

About The Position

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 #LifeAtBNY is all about. We're seeking a future team member for the role of Senior Associate, Trading Services to join our Archer's Trade Settlement team. This role is located in Berwyn, PA. In this role, you'll make an impact in the following ways:

Requirements

Bachelor's degree or equivalent combination of education and work experience required, master's degree preferred.
3-5 years' experience in the buy-side investment management industry
Experience with all Omgeo products: CTM, ALERT, Oasys, TradeSuite
Experience with settlements across all security types, i.e. fixed income, domestic/international equity products, multi-currency securities
Experience working under tight timelines, producing accurate results, and mitigating risks
Strong dedication to quality client service
Ability to work under pressure to meet daily deadlines and to handle multiple tasks
Business process improvement & construction of efficient processes
Strong analytical, research, and problem-solving skills with acute attention to detail
Excellent verbal, written, and interpersonal skills/team player

Nice To Haves

Preferred Shift 10am-7pm

Responsibilities

Manage all aspects of the trade confirmation, affirmation and settlement process with the client, brokers or custodian banks
Follow the life cycle of the trade from pre-matching to physical settlement at custodian/broker
Proactively research trade date alerts and breaks throughout the day to ensure timely settlement for all executed trades
Provide confirms/trade details to numerous custodians daily for booking
Ensure custodians are notified in a timely manner of all investment manager client trade activity
Coordinate accurate account and broker delivery instructions with client trading departments and vendor applications
Monitor failed trades and work with counterparties and custodians to resolve trade fails in a timely manner
Strictly adhere to established departmental processing procedures and controls
Review and resolve differences relating to intra-system reconciliations
Monitor daily trade activity for potential issues and communicate a resolution to the necessary party while following appropriate escalation procedures

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.

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