Add office photos
i
BNY
Compare
All Filters
466 BNY Jobs
Associate, Middle Office II
5-8 years
₹ 7 - 12L/yr (AmbitionBox estimate)
Pune
1 vacancy
Associate, Middle Office II
BNY
posted 20d ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
- 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.
- No direct reports. Provides guidance to less experienced Middle Office staff as needed.
- Contributes to the achievement of teams objectives.
- Bachelors degree in finance or the equivalent combination of education and experience is required.
- 5 plus years of total relevant work experience preferred.
- Understanding of derivative (OTC , ETD) Products (IRS,CDS,CDX,TRS OPTIONS)Trade Life Cycle, Reconciliation of derivative products, Derivative Valuations
- OR
- Trade Life Cycle Flow, Listed Product Knowledge (Equity, Fixed Incomes, FXs SPOT, Forward & NDF), Trade Capture knowledge (Trade Posting, Trade Resolutions), Knowledge about SWIFT messages and its impact, Trade Settlement
Employment Type: Full Time, Permanent
Read full job descriptionBNY Interview Questions & Tips
Prepare for BNY Associate roles with real interview advice
What people at BNY are saying
Rating based on 71 Associate
reviews
Anonymous · Software Development
in Pune
Everything is good except there are lot of legal stuff involved and you will be bounded.
You will not be able to work on cutting edge immediately, maybe not able to experiment with technologies a lot.
Read 71 reviewsAssociate salary at BNY
What BNY employees are saying about work life
BNY Benefits
View more benefits
Compare BNY with
State Street Corporation
Northern Trust
Citibank
HSBC Group
JPMorgan Chase & Co.
Goldman Sachs
Morgan Stanley
UBS
Bank of America
Bajaj Finserv
Wells Fargo
Cholamandalam Investment & Finance
American Express
Motilal Oswal Financial Services
HDFC Sales
Axis Direct
Citicorp
Aditya Birla Capital
BNP Paribas
Aon
Similar Jobs for you
BNY Pune Office Locations
Maharashtra 411013
Maharashtra 411006
Associate, (Non Supervisory), Fund/Client Accounting Representative II
5-7 Yrs
Pune
