Senior Specialist, Middle Office
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 Senior Specialist to join our Middle Office team. This role is located in Lake Mary, FL. In-office requirement is four days.
Requirements
- Bachelor’s degree in finance or the equivalent combination of education and experience is required.
- 5-7 years of total relevant work experience preferred.
- Experience in middle office operations, trade support, reconciliations, or related financial services functions preferred.
- Experience analyzing and resolving complex transactions, reconciliation breaks, trade fails, or similar operational issues preferred.
- Experience working with internal and external stakeholders and responding to complex client inquiries preferred.
Responsibilities
- Responsible for overseeing quality control of processing, work allocation and workflow of a Middle Office team and outsourced functions in accordance with SLD.
- Reviews and approves work conducted by more junior levels in accordance with function policies and procedures.
- Performs analysis and research on the most complex transactions and identifies solutions to complex inquiries.
- Serves as subject matter expert and conducts research to gather information on the most complex, multi-faceted transactions and provides answers to complex inquiries that have been escalated by lower levels.
- Responsible for or facilitating the maintenance of trade static data, trade enrichment, and trade exception handling and market claims.
- Responsible for the most complex reconciliations analysis (cash, asset, trade matching, and market value), break assignment, resolution of reconciliation breaks, and trade fails.
- May also participate in monthly end-client statement workflow, ad hoc reporting, and incident management.
- Identifies resolves and escalates any issues that affect the accuracy of the Investment Book of Record (IBOR) within the team.
- Provides guidance to less experienced team members.
- Is able to act as a SME within incident management.
- Exercises own judgement and collaborates with multiple internal and external stakeholders to resolve reconciliations of accounts for complex or atypical transactions.
- May review/approve work of junior team members.
- Regularly interacts with clients in answering questions and resolving multifaceted inquiries for complex transactions.
- No direct reports.
- Contributes to the achievement of teams objectives.
Benefits
- highly competitive compensation
- benefits
- wellbeing programs
- flexible global resources and tools
- generous paid leaves
- paid volunteer time
- 401(k) plan
- Company-sponsored medical, dental, vision, and basic life insurance plans
- various paid time off benefits, such as vacation and sick time
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What This Job Offers
Job Type
Full-time
Career Level
Senior
