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BNY

Safeguards and moves assets for investors

Senior Specialist - Middle Office

Operations & LogisticsConfirmed live in the last 24 hours
Full-timePittsburgh, PA, USA$59k - $99k /yrIn-person

About the Job

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 handling complex, multi-faceted transactions and escalated client inquiries.
  • Experience with reconciliations, trade processing, exception handling, and market claims in a Middle Office environment.
  • Ability to collaborate with internal and external stakeholders and exercise sound judgment on atypical transactions.
  • Ability to act as a subject matter expert and guide less experienced staff.

Responsibilities

  • Oversee quality control of processing, work allocation, and workflow for a Middle Office team and outsourced functions in accordance with SLD.
  • Review and approve work conducted by more junior levels in line with function policies and procedures.
  • Perform analysis and research on the most complex transactions, identify solutions to complex inquiries, and serve as a subject matter expert.
  • Facilitate maintenance of trade static data, trade enrichment, trade exception handling, market claims, and complex reconciliations, including cash, asset, trade matching, market value, and trade fails.
  • Support incident management, client inquiries, ad hoc reporting, and identify/escalate issues affecting IBOR accuracy.
  • Provide guidance to less experienced team members and contribute to team objectives.

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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