Specialist, Derivative Support

BNY Mellon • Lake Mary, FL

8d

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 Specialist to join the Derivative Support Group within our Fund and Investor Services Operations Platform team. This role location is not specified in the provided context. In this role, you’ll make an impact in the following ways: Perform daily OTC derivatives operational processing, including trade capture validation, lifecycle events, and position or cash updates. Execute reconciliations (trade, position, cash) and investigate breaks in line with documented procedures and controls. Identify, document, and escalate exceptions, processing issues, and potential NAV or client impacts in a timely manner. Support daily deliverables and reporting requirements for assigned derivative clients.

Requirements

• Foundational understanding of OTC derivatives or financial products within Operations, Fund Accounting, or Middle Office environments.
• Strong attention to detail and a control-focused mindset.
• Ability to follow defined procedures and operate effectively in a daily production environment.
• Strong analytical and problem-solving skills, with confidence escalating issues when required.
• Proficiency in MS Excel; experience with data analysis beneficial.
• Bachelor’s degree in Finance, Accounting, Economics, Mathematics, or a related discipline.

Responsibilities

• Perform daily OTC derivatives operational processing, including trade capture validation, lifecycle events, and position or cash updates.
• Execute reconciliations (trade, position, cash) and investigate breaks in line with documented procedures and controls.
• Identify, document, and escalate exceptions, processing issues, and potential NAV or client impacts in a timely manner.
• Support daily deliverables and reporting requirements for assigned derivative clients.

Benefits

• highly competitive compensation
• benefits
• wellbeing programs
• generous paid leaves
• paid volunteer time

What This Job Offers

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