Associate, Middle Office Ii
5 months ago
Overview
Securities Lending, Associate, Middle Office II
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 Associate, Middle Office II to join our Market Operations, Securities Lending Team. This role is in Chennai, Tamil Nādu
- HYBRID.
**In this role, you’ll make an impact in the following ways**:
Assist in day-to-day business operations to support Securities Lending Business which is inclusive but not limited to - Collateral and Cash Mgmt. Booking Loans and Recalls / Returns, Booking and Mgmt of Corporate Action events, Intersystem reconciliation (BNYM internal vs external data source)
Responsible for processing, monitoring, researching and analyzing transactions and resolving non-complex inquiries.
May coordinate with both internal stakeholders and external stakeholders and/or clients to gather, disseminate, and resolve basic information about transactions.
Responsible for reconciliations to third parties (cash, asset, trade matching, and market value) and analysis, break assignment and resolution of reconciliation breaks and failing trades.
Also responsible for daily margin valuation processes and engages in exception processing for breaks.
Interacts with clients in answering basic questions and resolving straightforward inquiries. No direct reports.
Focus is on gaining middle office experiences. Escalates complex transactions to senior team members.
Collaborates with limited group of internal and external stakeholders to deliver recommendations to basic inquiries.
Contributes to the achievement of team objectives.
Responsible for or facilitating the maintenance of trade static data, trade enrichment, and trade exception handling and market claims.
**To be successful in this role, we’re seeking the following**:
Masters / Bachelor’s degree in Science, Commerce, Financial Mgmt.
4-5 years’ experience with and Custodian / Investment bank preferably with securities lending experience.
Get trained and handle all daily business operations with a sense of commitment and ownership.
Experience / Acumen towards Operations and Technology initiatives.
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)
Human Rights Campaign Foundation, 100% score Corporate Equality Index
**Best Places to Work for Disability Inclusion, Disability**: IN - 100% score
100 Best Workplaces for Innovators, Fast Company
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 Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
**Employer Description**:
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