What are the responsibilities and job description for the Middle Office I - Securities Finance 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.
We’re seeking a future team member for the role of Middle Office I - Securities Finance to join our Market Operations team. This role is located in Pittsburgh, PA, and will work a Hybrid schedule (3 days per week in-office required).
In this role, you’ll make an impact in the following ways:
- Responsible for processing, monitoring, researching and analyzing transactions and resolving non-complex inquiries
- May coordinate with both internal stakeholders and external stakeholders and/or clients to gather, disseminate, and resolve basic information about transactions
- With guidance, conducts research to gather information on non-complex transactions and data-related, straightforward inquiries
- Responsible for reconciliations to third parties (cash, asset, trade matching, and market value) and analysis, break assignment and resolution of reconciliation breaks and failing trades
- Responsible for or facilitating the maintenance of trade static data, trade enrichment, and trade exception handling and market claims
- Also responsible for daily portfolio valuation processes and engages in exception processing for breaks
- Focus is on gaining middle office experiences
- Escalates complex transactions to senior team members
- Collaborates with limited group of internal and external stakeholders to deliver recommendations to basic inquiries
- No direct reports
- Contributes to the achievement of team objectives
To be successful in this role, we’re seeking the following:
- Bachelors degree in finance or the equivalent combination of education and experience is required
- 0-3 years of total relevant work experience preferred
- Prior hands-on Microsoft Excel experience desired
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.
