Specialist, Middle Office Representative
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 Middle Office to join our Middle Office support team. This role is located in Pittsburgh, PA.
Requirements
- High school/secondary school diploma or equivalent combination of education and experience required; Bachelor’s degree a plus.
- 3-5 years of total work experience preferred.
- Experience in accounting support or the mutual fund industry preferred.
- Mutual fund industry background preferred.
Responsibilities
- Serve as a lead for the day-to-day operations of a Middle Office support team, providing work direction and technical assistance on complex matters.
- Lead the daily activities of a Middle Office support team servicing multiple funds, including reviewing data and assisting in resolving escalated problems during accounting and reporting cycles.
- Supervise the tracking of fund data and trades, maintain records, and establish data maintenance and summarization processes to improve team efficiency.
- Search for fail points in processes, provide error reports to clients in compliance with service level agreements, review error reports from junior team members, and escalate external errors as needed.
- Review exceptions to confirm adherence to internal and client procedures, processing timelines, and FCC regulations; dictate handling of incorrectly managed exceptions and enforce procedural compliance.
- Lead the preparation and review of system-generated reports, set standards for report output, and coordinate sharing of reports with Middle Office teams.
- Assist in identifying and implementing process improvements to reduce audit and financial exposure and improve team efficiency.
- Supervise a team of Middle Office support staff, including specific supervisory review and approval actions, and support the achievement of team objectives.
Benefits
- Highly competitive compensation
- Benefits and wellbeing programs
- Access to 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
Mid Level
Education Level
High school or GED
