Associate, Middle Office I

1 week ago

Chennai, Tamil Nadu, India BNY External Career Site Full time ₹ 5,00,000 - ₹ 10,00,000 per year

Associate, Middle Office I

At BNY, our culture allows us to run our company better and enables employees' growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world's investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators and champions of inclusion, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.

We're seeking a future team member for the role of Associate, Middle Office I to join our Middle office collateral team. This role is located in Chennai

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

  • Provides quality service and support to internal and occasionally external clients on a daily basis, including monitoring collateral inflows from trade derivatives, facilitating delivery of collateral to appropriate investors and dealers. Handles routine problem resolution and works within well-defined parameters. Focuses on smaller, occasionally complex accounts. 
  • Monitors daily mark to market movement and manage daily margining by booking collateral movement.
  • Dispute management
  • Liaises with counterpart and clients to manage daily margining and dispute issues 
  • Perform daily portfolio reconciliation for collateral trade position reconciliation 
  • Management and resolution of Collateral break
  • Client reporting for collateral movements

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

  • A Bachelor's/master's degree or the equivalent combination of education and experience is required.
  • 2-3 years' experience in Derivatives, collateral management or portfolio reconciliation functions 
  • Understanding of derivatives markets and regulations and basic level understanding of collateral function
  • Professional level of verbal and written communication skills 

At BNY, our culture speaks for itself, check out the latest BNY news at:

BNY Newsroom

BNY LinkedIn 

 Here's a few of our recent awards: 

  • America's Most Innovative Companies, Fortune, 2025
  • World's Most Admired Companies, Fortune 2025
  • "Most Just Companies", Just Capital and CNBC, 2025

Our Benefits and Rewards:

BNY 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, including paid volunteer time, that can support you and your family through moments that matter. 

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

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