Trade Support Analyst - Middle Office

Overview

Trade Support Analyst - Middle Office

Who We Are ~ 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 238 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.

What We Do

Investment Operations Solutions (Middle Office) Overview

At BNY Mellon, our data-centric service model helps provide clients with clean, scrubbed information to support the investment process, from post-trade execution to client communications. Our Investment Operations solution is a full lifecycle of investment activities through an integrated data, technology and operations model that supports all product types. Offering a full spectrum of services: trade support, derivatives and collateral management, bank loan support, investment book of record (IBOR), investment performance, and data management.

The Trade Support team is the first touch point for our clients' investment activity. We work hand and hand with our investment manager clients, internal teams, custodians, and brokers to capture, confirm, communicate, and settle executed trade activity. Our team provides analytical services to ensure all the activity is processed timely and accurately to meet client and market deadlines.

Middle Office Role Overview

Under minimal supervision, performs moderately complex functions supporting trading, client services, and accounting activities including trade communication, processing, and settlement. Reviews high volumes of client trade activity where established procedures are followed. Leverages some knowledge of processes of procedures to confirm findings and analyses unique scenarios to determine solutions for more complex issues.

Role-Specific Responsibilities

• Trade life-cycle management - using systematic tools to capture executed trades (i.e Equity, Fixed Income, FX, and derivatives products) from the clients and communicate/confirm this activity to the 'street': custodians, brokers, and other interested parties
• Research exceptions to ensure all activity is accurately processed and delivered by market deadlines
• Trade settlement - analyze failed trades and work with all parties to quickly resolve trade settlement issues
• Get involved on projects: with clients as their investment strategies shift and internally to increase efficiency and decrease risk
• Management of reference & static data

Preferred Qualifications

• Intermediate to advanced understanding of Excel.
• High level of communication skills.
• Remain organized and be able to handle multiple priorities
• Work independently but also be a helpful teammate.
• Comfortable asking questions to gain understanding on any area where understanding is limited.
• Research, Reporting and Reconciliation

Standard Job Responsibilities

• 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.
• May also participate in monthly accounting close processes, cash projection reports, cash management support, monthly end-client statement delivery, and ad hoc reporting.
• 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.
• Interacts with clients in answering basic questions and resolving straightforward inquiries. No direct reports. Contributes to the achievement of team objectives.

Bachelors degree in finance or the equivalent combination of education and experience is required. 1-4 years of total relevant work experience 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'

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.

BNY Mellon is a leader in the world of investment services and investment management, and our businesses support the full range of stakeholders of the financial system including:

• Managing the custody of approximately $37 trillion financial assets of the world's leading institutional investors, hedge funds, sovereign wealth funds, and corporates
• Investing approximately $2 trillion as one of the largest global asset managers across a wide range of asset classes
• Providing collateral, liquidity, and funding for the world's largest banks through our markets franchise
• Serving family offices and high net worth individuals through our wealth management franchise
• Providing a full suite of solutions to advisors, broker-dealers, family offices, hedge and '40 Act fund managers, registered investment advisor firms and wealth managers
• Advising large global corporations on a range of trust and other solutions
• Providing integrated managed data services to asset managers

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

EEO Statement:

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.