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Associate, Reconciliation Representative I
$62k-83k (estimate)
Full Time 6 Months Ago
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BNYM External Career Site is Hiring an Associate, Reconciliation Representative I Near Lake, FL

Associate, Reconciliations 

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” - 97% of the world’s top banks work with us as we lead and serve our customers into the new era of digital. 

With over 239 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 50,000 employees across 35 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 Associate, Reconciliation to join our Reconciliations Team. This role is located in Lake Mary, FL – HYBRID.

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

  • Performs analysis of reconciliations, or in some areas of the organization may serve in a lead capacity. 
  • Deciphers complex exceptions between systems, clients, institutions, etc. for securities, cash and/or derivatives. 
  • Processes client accounts. 
  • Deciphers complex exceptions, performing root-cause analysis on why exceptions exist. 
  • Analyzes trends, enters reconciliation data and ensures proper aging.
  • Assists more junior level support staff in identifying more complex differences. 
  • Escalates any unidentifiable differences to more experienced support staff.
  • Communicates complex break reports to either internal groups within the firm or correspondents outside the firm. 
  • Monitors resolution. 
  • Assists in analyzing operational needs.
  • Assists in daily, weekly and monthly reporting using an understanding of the stock record and knowledge of basic accounting.
  • Assists with regulatory reporting.
  • May participate in testing of new technology solutions or enhancements ensuring that reconciliation processes remain intact.
  • May interact with those at a senior level in other groups to obtain feedback on issues or improvements. 

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

  • High School/secondary school or the equivalent combination of education and experience is required. Bachelors degree preferred.
  • 3-5 years of total work experience preferred. 
  • Experience in brokerage/banking operations preferred.

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

  • Fortune World’s Most Admired Companies & Top 20 for Diversity and Inclusion 
  • Bloomberg’s Gender Equality Index (GEI)
  • Best Places to Work for Disability Inclusion, Disability: IN – 100% score 
  • 100 Best Workplaces for Innovators, Fast Company
  • Human Rights Campaign Foundation, 100% score Corporate Equality Index
  • CDP’s Climate Change ‘A List’
  • Forbes Blockchain 50 

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. 

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

Job Summary

JOB TYPE

Full Time

SALARY

$62k-83k (estimate)

POST DATE

01/29/2024

EXPIRATION DATE

07/20/2024

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