Associate 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, Client Processing Representative I to join our Derivatives Services Delivery (DSD) group. This role is located in Manchester, UK and will be working in a hybrid capacity. (3 days a week in the office). 

What we do:

Derivative Client Processing - Performs transactional and custody support functions for derivative products.

The Derivatives Services Delivery (DSD) group is a global team responsible for supporting our clients’ derivative custody and accounting transactions. We provide analytics and reporting services, working to improve and automate transaction processing systems. It is a Centre of excellence maximizing specific knowledge around complex derivative products. Derivative custody and accounting activity includes swap, option, forwards, futures, collateral and cash processing.

The team provides processing, inquiry and resolution support for over 400 Investment Managers and Internally Managed clients through a dedicated servicing unit. Clients are mainly domiciled in the US and EMEA but some are also based in APAC, Brazil, and Canada.

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

• The key functions you will be asked to support for this role are:
• Processes account related transactions per scheduled events/client authenticated direction.
• Answers inquiries and resolves problems or issues as required from internal teams and parties external to BNYM.
• Assesses needs and suggests/promotes alternative approaches to service models.
• Participates in testing to ensure that products continue to accurately and efficiently process high value transactions.
• Break investigation based on an understanding and knowledge of processing the intricacies of the system.
• Supporting the custody needs of our clients and their appointed Investment Managers for cash and securities movement and settlement.
• Collating and distributing metrics and MIS.
• Would be responsible for checking work of support team members.
• Contributes to the achievement of team objectives.

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

• An interest in a career in financial services
• Bachelor’s degree or the equivalent combination of education and experience is required. University degree in a relevant subject will be an advantage
• 1-3 years of total work experience.
• Proactive, focused attitude towards work and an ability to consistently meet deadlines
• Experience in Derivatives reconciliations, trade processing, settlements and cash processing are all skills transferrable to this role.
• Excel skills will be an advantage

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.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.

Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.