What are the responsibilities and job description for the Associate, Client Processing position at BNY External Career Site?
Associate, Client Processing
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 to join our BNY GOVERNMENT SECURITIES SERVICES team. This role is located in Lake Mary, FL – HYBRID.
In this role, you’ll make an impact in the following ways:
- Perform the pro-active monitorization of all GSS business settlement processes, learning, understanding all available and active real-time monitoring tools, including but not limited to: internal and external MQ channels, BConnect, CFI, liquid plus, anomaly detection tools, DOD, chat bots, Eliza AI, etc.
- Supports internal and external clients with various clearing and collateral management processes. This includes all start, intraday and end of day functions (including but not limited to: Triparty deal unwinds, NFE free-delivery releases, Reasonability deliveries, Construction loan to Project loan cusip conversions, Treasury Auction issuance announcements and coordinates release of the operating system at end of day. Liaise between external clients and the Federal Reverse Bank. Communicates all system related problems for each BDS operating system to CCM Technology, BNY datacenter and coordinates that communication with appropriate parties. Reconciles the entire Fed-book entry holding with the Fed for both cash and securities.
- P&I Reconcilement and Security Database Managers (as it relates to P&I). Includes the balancing & reconciling of all Fed eligible products (MBS & non-MBS), Repo Tracking, Fail Tracking and Interim Reporting.
- DTC Pledge and Release Administrator. Responsible for monitoring the BDS clients release requests to ensure that they process in a timely manner. Coordinates with the Admin any failed release due to NFE or location. Monitors BDS clients Pledges to ensure that they process in a timely manner. Manually add security records to the DTC database if they are yet available on our systems applications.
- Daily work, communicate and coordinate with the New Jersey Bridge team.
- Weekly rotational work schedule. Weekend availability required.
To be successful in this role, we’re seeking the following:
- Bachelor’s degree in finance, business administration, economics, accounting, or related field.
- 0-2 years of experience
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.
