Associate, Control Ii
4 months ago
Overview
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 over 238 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 DESIGNATION, Middle Office to join our Middle Office team. This role is located in Pune - HYBRID.
**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.
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.
No direct reports.
Provides guidance to less experienced Middle Office staff as needed.
Contributes to the achievement of teams objectives.
**To be successful in this role, we’re seeking the following**:
Control - IC1Works with more senior Control professionals to provide control testing, control and risk education, operational risk support, and regulatory support across the business. May coordinate data gathering/research regarding policies and practices for more senior colleagues.
Assists in analyzing control and risk management processes and creating reports on issues and areas of improvement throughout the business.
Documents existing control practices and procedures. Works with the business to understand the controls currently in place to minimize risk.
Assists in the documentation of evidence of successful and efficient performance of control and business recovery procedures.
No direct reportsContributes to the achievement of team objectives. Works on projects of limited size and levels of complexity.Bachelors degree or equivalent combination of education and work experience required
0-3 years of total work experience preferred. Related internship experience preferred.. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.
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
Bloomberg’s Gender Equality Index (GEI)
**Best Places to Work for Disability Inclusion, Disability**: IN - 100% score
100 Best Workplaces for Innovators, Fast Company
Human Rights Campaign Foundation, 100% score Corporate Equality Index
CDP’s Climate Change ‘A List’
**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
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