What are the responsibilities and job description for the Associate, Cash Processing/Funds Transfer II position at BNY External Career Site?
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.
As a leading wealth manager, BNY Wealth Management is focused on helping successful individuals and their families build, manage and sustain their wealth across generations and market cycles. Through a unique service model focused on five Active Wealth practices — Investing, Borrowing, Spending, Managing Taxes, Protecting Legacies — they help clients in the U.S. and abroad achieve stronger after-tax performance to help maintain their wealth over generations.
We’re seeking future team member for our Associate, Cash Processing/Funds Transfer II role located in Pittsburgh, PA.
In this role, you’ll make an impact in the following ways:
- Applies expertise and judgement, providing quality service to internal clients in support of their external clients on a daily basis, performing cash transaction processing such Domestic and Foreign Wires, ACH or Checks, reconciliations, inquiry response and problem resolution while meeting defined processing timeframes.
- Performs a variety of operational tasks including processing updates to client accounts or company records, working with other processing areas and handling varying volumes and transaction types.
- Conducts independent analysis and policy interpretation, ensuring compliance with all policies and procedures.
- Works with technology, providing process knowledge and requirements in the event of a system issue. Performs testing in support system upgrades or other recovery requirements such as business resumption.
- Review/check work of other Cash Processing team members and help resolve escalated issues.
- Maintains department procedures as the result of process or system changes and performs an annual review of all to ensure accuracy.
- Act as a workflow coordinator for the team, ensuring daily process coverage.
- No direct reports but may provide guidance to less experienced team members. May have people management responsibilities in some geographies. Contributes to the achievement of team objectives.
To be successful in this role, we’re seeking the following:
- Bachelors degree or the equivalent combination of education and experience is required.
- 3-5 years of total work experience preferred.
- Experience in financial services operations preferred.
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.
