BNY Mellon Careers

Securities Data Management Administrator

Liverpool, United Kingdom
Customer/Client Service

Job Description

Role Synopsis and Required Skills and Attributes


On a daily basis monitor the overnight data feed from Pershing’s chosen vendor with a view to ensuring the accuracy of client and regulatory reporting.

Carry out integrity checks and exception reporting on stated datafeed prior to market opening ensuring internal processes

Create new Financial Market Instruments in conjunction with the London Stock Exchange following client request adhering to stated SLA’s.

• Experience in communicating with clients by phone and email

• Proven track record of delivering excellent client service

• Ability to adapt to change and use initiative to overcome challenges

• Must have intermediate knowledge of Microsoft Office products (specifically Word, Excel, Access)

MyCareer Path Description and Position Summary


Pershing receives external market data feeds from various Data Vendors, which provide comprehensive coverage of more than 1.5 million financial instruments covering major and emerging markets and exchanges across the globe. Extensive data fields are provided for each financial instrument, with up to 30 years history for many instruments.

Sanity checks are performed on sensitive areas of the Security Masterfile to ensure all forms of reporting are as accurate as humanely possible and queries raised with each Data Vendor as and when necessary. Exception reporting is also carried to ensure Investor Reporting and AUM calculations are as accurate as possible.

Creation and management of SEDOLs/internally created securities and Security Masterfile maintenance

Live Market issued SEDOLs are created upon client request in conjunction with the London Stock Exchange to allow Straight Through Processing from a trading perspective. Live market recognised SEDOL’s are created based on market information such as Prospectus, Term Sheets, Bloomberg information. Non market recognised securities can be created for memo asset purposes and assigned a Pershing reference.

Error messages received by clients upon trade booking due to Security Masterfile data are investigated and resolved/queried according to stated SLA’s.

Counterparty/Market Maker management.

Clients wishing to trade with a new Counterparty/Market Maker relationship to Pershing are required to submit the request for approval which is then submitted to the Risk, KYC and Transaction Reporting areas for sign off. Data Management are responsible for submitting the request, tracking the sign off, the creation of the counterparty once approved and any liaising with the client if required. Ongoing maintenance is also required for those counterparties no longer approved or under sanction and counterparties changing CREST settlement details. Data Management for segregation of duty reasons are also responsible for the addition and maintenance of Standard Settlement Instructions for International trading.

New Firm creation and static data maintenance.

Once new business is attained by Pershing and reaches the Conversion stage Data Management are responsible for the creation of that new firm within Nexus and ensuring it is tailored to the type of business performed such as Wealth, Institutional, Global Clear, IFA and linking to the relevant Pershing entities.

Data Management are also responsible for the creation of new Pershing entities on Nexus such as the newly created Pershing Channel Islands entity.

Nexus Calendar management

50+ Calendars are currently available within the Pershing system for a number of countries and exchanges. These Calendars are appended to settlement exchanges and Fund Family static data to ensure trading and settlement reflects the applicable business days. Yearly maintenance is required to ensure the calendars remain relevant on a yearly basis.

Nexus Funds platform data management

Pershing Nexus Funds is a no fee mutual fund trading platform offering a single access point to mutual funds dealing, offering increased efficiencies, simplified administration and reduced risk.

In conjunction with the Fund Operations and Unit Trust Dealing teams Data Management are responsible for the addition of new Fund Managers to the platform, addition of new funds from existing Fund Managers to the platform, amendments to existing funds following changes.


MyCareer Path Primary Responsibilities

• Analyses and monitors files/data/reports to ensure quality of and accurate transfer, integration, translation, and reporting of data, reacting promptly to data quality metrics and client inquiries.

• Based on documented process, execute low risk data fixes, resulting in improved performance or accuracy.

• Builds data/file processing and product knowledge through assisting colleagues in remediating issues by partnering with data management, technology, product teams and client support teams.


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 & 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:

Pershing provides critical business process, financial and technology solutions for financial organizations around the globe. We operate behind the scenes to power transformational change for broker-dealers, registered investment advisors, independent financial advisers, hedge fund and '40 Act fund managers and individual investors. We strive to be innovators, developing open architecture technology and financial solutions to support our customers' growth. We advocate on behalf of our customers and help them respond to regulatory reform and drive positive outcomes for our industry and investors. From our core business as an industry-leading trade execution, clearing and custody provider, we have evolved into a global multifaceted firm that provides investment solutions, forward-thinking technology-driven efficiencies, practice management and service excellence.

BNY Mellon is an Equal Employment Opportunity Employer.

Primary Location: United Kingdom-Merseyside-Liverpool
Job: Customer/Client Service
Internal Jobcode: 09473
Organization: Pershing-HR06431
Requisition Number: 1712095