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165 BNY Jobs

Associate, Middle Office I

3-5 years

₹ 7 - 8.45L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Pune

1 vacancy

Associate, Middle Office I

BNY

posted 1d ago

Job Description

Associate, Middle Office I

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world s financial system we touch nearly 20% of the world s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We re seeking a future team member for the role of Associate, Middle Office I to join our Middle Office team . This role is located in Pune/Maharashtra -Hybrid.

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

Middle Office - S4Serves as a lead for the day-to-day operations of a Middle Office support team, providing work direction and technical assistance on complex matters.

Leads the daily activities of a Middle Office support team servicing multiple funds. Reviews data and assists in resolving escalated problems that may arise during the normal daily, weekly or monthly accounting and reporting.

Supervises the tracking of fund data and trades, as well as the maintenance of records. Establishes data maintenance and summarization processes and procedures to improve team efficiency and best support the Middle Office support team.

Searches for fail points in processes and provides error reports to clients in compliance with established service level agreements.

Reviews error reports from more junior team members and provides feedback. Ensures error reports from support staff comply with service level agreements before they are shared with Middle Office teams. Escalates external errors.

Correction of internal errors is at the discretion of the client. Reviews for exceptions. If exceptions are found, confirms that internal and client procedures were followed, processing was on time and in line with FCC regulations and no unnecessary steps were taken.

Checks exceptions identified by more junior level team members. Dictates how support team handles incorrectly managed exceptions and enforces adherence to procedures. Leads team in preparing system-generated reports.

Sets standards for teams report output to be shared with client teams. Coordinates review of reports and the sharing of reports with Middle Office teams.

Reviews work of junior team members. Assists in identifying and implementing process improvements to reduce audit and financial exposure and improve team efficiency.

Supervises a team of Middle Office support staff. May be responsible for specific supervisory review and approval actions. Supports the achievement of team objectives. High school/secondary school or the equivalent combination of education and experience is required. Bachelors degree a plus, mutual fund industry background preferred

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

3-5 years of total work experience is preferred.

Experience in brokerage processing is preferred.

Contributes to the achievement of team objectives.

At BNY, our culture speaks for itself. Here s a few of our awards:

  • America s Most Innovative Companies, Fortune, 2024
  • World s Most Admired Companies, Fortune 2024
  • Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
  • Best Places to Work for Disability Inclusion , Disability: IN - 100% score, 2023-2024
  • Most Just Companies , Just Capital and CNBC, 2024
  • Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
  • Bloomberg s Gender Equality Index (GEI), 2023

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.


Employment Type: Full Time, Permanent

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What people at BNY are saying

3.9
 Rating based on 74 Associate reviews

Likes

Everything is good except there are lot of legal stuff involved and you will be bounded.

  • Salary - Excellent
    +6 more
Dislikes

You will not be able to work on cutting edge immediately, maybe not able to experiment with technologies a lot.

    Read 74 Associate reviews

    Associate salary at BNY

    reported by 887 employees
    ₹3.5 L/yr - ₹14.5 L/yr
    12% more than the average Associate Salary in India
    View more details

    What BNY employees are saying about work life

    based on 3.9k employees
    63%
    93%
    77%
    62%
    Flexible timing
    Monday to Friday
    No travel
    Day Shift
    View more insights

    BNY Benefits

    Free Transport
    Cafeteria
    Health Insurance
    Work From Home
    Free Food
    Job Training +6 more
    View more benefits

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    BNY Pune Office Locations

    View all
    Pune Office
    iNautix Technologies India Pvt Limited,Hadapsar, Level 3, Tower 8, Magarpatta City SEZ Pune
    Maharashtra 411013
    Pune Office
    BNY Mellon India Operations, 6, Commerzone IT Park Internal Rd, Commerzone IT Park, Yerawada Pune
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