Associate, Client Onboarding/Transitions/Conversions/KYC II

Associate II (Grade H), Client Onboarding, FX Onboarding & Transition Management Group - TMG

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” - % of the
world’s top banks work with us as we lead and serve our customers into the new era of digital.
With over 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 ,
employees across 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 Analyst (Grade H), to join our
BUSINESS SEGMENT OR CORPORATE ORGANIZATION team. This role is located in PUNE,
Maharashtra, HYBRID.

In this role, you’ll make an impact in the following ways:
• Under moderate direction, conduct assigned operational and data analysis activities related to
client onboarding/transitions/conversions.
• Serves as an advisor to clients as they onboard/transition/convert to/from organization
products and solutions.
• Prepare for and onboard clients, opens and close accounts and/or analyze, reconcile, and review
incoming or outgoing data for accurate translation to platform.
• Prepare for the opening of new accounts once due diligence on KYC and AML has been completed.
• Review the Account Opening Checklist for accuracy.
• Close off accounts by first checking for any pending activity or balances remaining in the account.
• Obtain and review appropriate documentation and reference data, and ensure regulatory
aspects of AML and KYC are completed prior to opening accounts.
• Conduct pre-transition/conversion testing and quality review of client data.
• Escalate findings to senior colleagues or assigned transition consultant.
• Responsible for the daily workflow of client transition/conversion operational and data analysis,
monitoring each component of the transition/conversion including data requirements, regulatory and
compliance impact and data transfer, coordination with third- parties, etc.
• Coordinate with different departments to complete tasks and documentation in time.
• Communicate progress to team and escalate issues or potential project delays.
• Provides project management to maintain and support less complex client relationships.
• Work closely with and provide support for Transition Consulting, Relationship Management and
Account Management teams to ensure knowledge of client priorities and preferences and a seamless
client experience.
• Work closely with the SME to lead project management activities for onboarding / transitions /
conversions that includes reporting, planning, issue and risk tracking, scheduling, effort estimation,
day-to-day tracking, and other project documentation preparation.
• Ensures all SLAs are met.
•Work directly with clients/vendors to access documentation requirements and reference data.
•Review documents and coordinate with all internal support groups, business managers, and external
parties to ensure documents meet certain compliance requirements.
• Perform tasks or refers to vendor systems/sites like Bloomberg, Morningstar, SEDAR, SEC website,
IHS-Markit portal, S&P Global portals, AVOX, LEI sites, Company websites, Regulatory websites of
different countries, etc.
• Creates MIS and Reporting Tool and present it to higher management and business on
daily/weekly/monthly basis.
• Drive business calls with clients, stakeholders, and wider teams.
• May participate in UAT, on boarding and fault resolution.
• Maintain pipeline tracker will full accuracy.
• Participate in Idea generation programs and propose process improvement plans.
• Supports and reviews control reports to effectively mitigate risks and resolve problems that arise
during the conversion process.
• Marshals firm-wide resources (product, technology, marketing, compliance, teams, etc.) to
ensure client needs are being addressed. Ensures onboarding/transition/conversion activities meet all
compliance, legal and regulatory requirements.
• Participate in BFF and Legal calls to discuss pipeline formulate strategies to keep the request moving.
• Facilitate in opening FX, Options, Swaps and Derivatives account opening for direct clients and
counterparties.
• Perform maintenance and remediation tasks on static data or manage regulatory breaks.
• Primarily work on or refer to systems like NEXEN, Gold Tier, JIRA, etc.
• Need to have a good understanding of regulatory norms associated with FX and Derivatives.
• Contribute towards team success
 

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

ELIGIBILITY & QUALIFICATION (E = Expected, D = Desired)
• B. Com/BBA/M. Com/MBA or PG Dip in Finance or Management with a minimum work experience of
years in Custodian or Investment Banking environment (E)
• A minimum of years relevant experience in FX Onboarding, Transition Management, Client
Management, Regulatory Checks and Support, CLM static data set up. (E)
• Prior experience of liaising with internal teams like KYC, Credit, Regulatory, Legal, Static Data
Set Up, Static Mapping set Up, Contract & Document Management (E)
• Experience in client-facing and/or project management roles (E)
• Knowledge of client onboarding lifecycle, capital market, treasury products, and trade life cycle (E)
• Good understanding of AML, CDD, KYC process (E)
• Basic Knowledge of FX - Overlay services (D)
• Basic Knowledge of German clients (D)
• Should have client handling and stakeholder management experience (E)
• Good understanding of MBR and KPI’s (D)
• High proficiency in MS Word, Excel, PowerPoint, and other MS Office Tools (E)
• Proficiency in Macros, VBA, SQL will be an added advantage (D)
• Excellent in communication (both verbal and written) (E)
• Excellent email writing skills especially mails sent to clients (E)
• Awareness of Financial Regulations like Dodd Frank, FATCA, Margin Rules, MIFID, EMIR, QFC, Cross
Border Representation, CFTC, CASS, etc. (E)
• Prior experience of using external platforms NEXEN, GoldTier, TLM, FX All, T, Bloomberg,
Morningstar, SEDAR, SEC website, IHS-Markit portal, S&P Global portals, AVOX, LEI sites, Company
websites, Regulatory websites of different countries, etc. (E)
• Awareness of various TAX forms used in various geographies. Example W, W-BENE, W- IMY,
Beneficial Owner Form, (D)
• Should be able to articulate credit and legal documents like ISDA, CSA, ACA, CCA, IMA, Investment
Guidelines, Sub Advisory Agreement, Fact sheet, DFA Protocols and , US Person Self Disclosure
Letter, etc. (E)
• Experience of mapping bank’s internal static data into external trading platforms (D)
• Excellent time management ability and prioritization skills (E)
At BNY Mellon, our inclusive culture speaks for itself. Here’s a few of our awards:
 Fortune World’s Most Admired Companies & Top for Diversity and Inclusion
 Bloomberg’s Gender Equality Index (GEI)
 Best Places to Work for Disability Inclusion, Disability: IN – % score
 Best Workplaces for Innovators, Fast Company
 Human Rights Campaign Foundation, % 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.