Specialist, Middle Office II

BNY Mellon•Pittsburgh, PA

16h•$52,000 - $83,000

About The Position

BNY is seeking a Specialist II to join its Middle Office Bank Loans team. The role supports the operational lifecycle of bank loan transactions and coordinates with internal teams, clients, counterparties, and external agents. The successful candidate is detail-oriented, client-focused, and able to manage competing priorities in a fast-paced environment. The position provides opportunities to develop expertise in loan operations, trade support, settlement processes, and risk controls while contributing to a strong team culture and delivering high-quality service.

Requirements

Bachelor’s degree in finance, business, economics, or a related field, or an equivalent combination of education and experience.
Strong analytical and problem-solving skills with close attention to detail.
Effective written and verbal communication skills.
Ability to manage multiple priorities in a deadline-driven environment.
Proficiency in Microsoft Excel and other Microsoft Office applications.
Strong organizational skills and a proactive approach to issue resolution.
Ability to work independently and collaboratively within a team.

Nice To Haves

Relevant experience in financial services, operations, middle office, loan operations, or asset servicing.
Basic understanding of bank loan products, trade lifecycle, settlements, and operational workflows.
Experience supporting syndicated bank loans or alternative investment operations.
Familiarity with loan processing platforms, reconciliation tools, or custody/settlement systems.
Understanding of risk and control frameworks within operations.
Continuous improvement mindset with interest in automation or workflow optimization.

Responsibilities

Support the daily processing and oversight of bank loan transactions across the trade lifecycle.
Review trade capture, allocations, settlements, and funding activity for accuracy and completeness.
Coordinate with front office, investment managers, custodians, agent banks, and counterparties to resolve trade and settlement exceptions.
Monitor pending transactions and proactively follow up on breaks, fails, and outstanding items.
Perform reconciliations and investigate discrepancies related to positions, cash, and loan activity.
Ensure activities are completed in accordance with internal controls, operating procedures, and risk management standards.
Assist with new deal closings, amendments, restructurings, and other lifecycle events as applicable.
Maintain accurate records and documentation for audit, compliance, and client reporting purposes.
Contribute to process improvement initiatives that enhance efficiency, control, and client experience.
Escalate issues appropriately and support timely resolution of operational risks or service concerns.
Partner with team members and stakeholders to meet service level expectations and business objectives.