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BNY
469 BNY Jobs
3-5 years
₹ 3.15 - 21L/yr (AmbitionBox estimate)
Pune
1 vacancy
Senior Associate, Middle Office
BNY
posted 9d ago
Flexible timing
Key skills for the job
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:
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
Read full job descriptionPrepare for BNY Senior Associate roles with real interview advice
Provides good bonus, and enough leaves a year.
Management isnt good, appraisal is terrible, promotions are very less compared to number of new openings, managers doesnt let you apply for IJPs, have to provide explanation on each of your leaves with proofs.
Read 105 reviews2-5 Yrs
Pune