Senior Associate

Bring your ideas. Make history.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the “bank of banks” - 97% of the world’s top banks work with us as we lead and serve our customers into the new era of digital.

With 240 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we’re approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.

We’re seeking a future team member for the role of Senior Associate to join our Middle Office team. This role is located in London, UK and will be working in a hybrid capacity. (3 days a week in the office).

In this role, you’ll make an impact in the following ways:

• Responsible for overseeing quality control of processing, work allocation and workflow of a Middle Office team and outsourced functions in accordance with SLD. Reviews and approves work conducted by more junior levels in accordance with function policies and procedures. Performs analysis and research on the most complex transactions and identifies solutions to complex inquiries.
• Serves as subject matter expert and conducts research to gather information on the most complex, multi-faceted transactions and provides answers to complex inquiries that have been escalated by lower levels. Responsible for or facilitating the maintenance of trade static data, trade enrichment, and trade exception handling and market claims. Responsible for the most complex reconciliations analysis (cash, asset, trade matching, and market value), break assignment, resolution of reconciliation breaks, and trade fails. May also participate in monthly end-client statement workflow, ad hoc reporting, and incident management. Identifies resolves and escalates any issues that affect the accuracy of the Investment Book of Record (IBOR) within the team. Provides guidance to less experienced team members. Is able to act as a SME within incident management.
• Exercises own judgement and collaborates with multiple internal and external stakeholders to resolve reconciliations of accounts for complex or atypical transactions. May review/approve work of junior team members.
• Regularly interacts with clients in answering questions and resolving multifaceted inquiries for complex transactions.

To be successful in this role, we’re seeking the following:

• Bachelor’s degree in finance or the equivalent combination of education and experience is required.
• Clear understanding of Investment Operations. Including Liquid and Derivative assets, Corporate Actions, Reconciliations
• Good experience in client facing roles
• Recent experience of using Aladdin would be advantageous

At BNY Mellon, our inclusive culture speaks for itself. Here’s a few of our awards:

• Fortune World’s Most Admired Companies & Top 20 for Diversity and Inclusion, 2023
• Bloomberg’s Gender Equality Index (GEI), 2023
• Human Rights Campaign Foundation, Corporate Equality Index, 2023
• Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2023
• Forbes Blockchain 50, 2023

Our Benefits:

BNY Mellon offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through moments that matter.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.