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BNY

Safeguards and moves assets for investors

Client Processing Specialist - Client Processing Representative

Finance & BankingConfirmed live in the last 24 hours
Full-timeNew York, NY, USA$52k - $86k /yrIn-person

About the Job

Requirements

  • A bachelor's degree or the equivalent combination of education and experience is required.
  • Strong analytical and problem-solving skills with the ability to triage exceptions quickly and drive timely resolution across internal and external stakeholders.
  • Demonstrated operational risk and control mindset with the ability to follow procedures, document evidence, and meet tight deadlines and cutoffs.
  • Clear written and verbal communication skills, with the ability to engage with clients, market partners, and internal stakeholders in a fast-paced environment.

Responsibilities

  • Facilitate end-to-end repo workflows including trade, collateral, and liquidity management.
  • Monitor and resolve operational exceptions in real time, including breaks, collateral shortfalls, pledges, releases, and wire issues.
  • Perform daily reconciliations across proprietary systems, resolve exceptions, and ensure timely settlements.
  • Troubleshoot collateral optimization tasks according to client parameters, including eligibility, concentration, and liquidity constraints.
  • Collaborate with technology, client service, risk, and product teams to address operational exceptions and drive enterprise initiatives.
  • Maintain comprehensive documentation, procedures, and evidence of controls while contributing to operational metrics and reporting.
  • Identify process improvement opportunities such as automation and workflow enhancements, and explore artificial intelligence integration to reduce manual touchpoints.

Desired Qualifications

  • 0–5 years of total work experience.
  • Finance, business, economics, or accounting degree.
  • Back-office operations experience in financial services.
  • Familiarity with United States triparty repo mechanics and United States Treasury clearing processes.
  • Exposure to industry change programs such as United States Treasury central clearing, United States Treasury 24x7, or Equities 23x5.
  • Understanding of regulatory frameworks and risk management best practices.
  • Experience with enterprise-level continuous improvement projects, workflow automation, or artificial intelligence initiatives.

About the Company

BNY

Safeguards and moves assets for investors

BNY safeguards financial assets and runs investment services for institutions, investment firms and wealthy clients around the world. Its custody business keeps clients' securities safe and handles the records and transactions needed to administer investment funds. Banks and brokers use its systems to settle trades, manage collateral and send payments, while its investment and wealth businesses manage portfolios and advise clients. It earns servicing and management fees as well as interest on loans and securities funded by client deposits. BNY traces its roots to the Bank of New York, founded by Alexander Hamilton in 1784, and is headquartered in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1784

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