BNY Mellon Careers

Sr. Rep, Fund/Client Accting

Pune, India
Asset Servicing

Job Description

Position Summary:  Describe below the primary purpose and function of this job Working a part of a team the Senior  Representative will be required to process and review client securities instructions, cancellations and amendments accurately and timely within NAV deadlines. S/he will be required to apply the rules / procedures to ensure that all trades are received and accurately accounted for the funds for the required valuation points. S/he would be responsible for external and internal queries to the various groups in a timely and efficient manner, operating in a high pressure environment while keeping a positive attitude. The incumbent would be responsible for verification of trade packs as per compliance procedures. The incumbent will be expected to interpret complex trade instructions, raise and resolve external and internal queries to provide accurate & Timely resolution. The incumbent must be able to recognize and escalate any potential fraudulent activities and to ensure timely service. A key responsibility of this role is to conduct quality check of processing /Verification/cancellation/Pending investigation/Lotus notes /Query Tracker through regular spot checks   ESSENTIAL FUNCTIONS - Key Roles & Responsibilities:  List up to 6 key roles and responsibilities of this job. (Percentages must sum to 100%) Percentage of  Time 1.
  • Process and reconcile client securities instructions, cancellations and amendments for funds in an accurately and timely manner within the NAV deadlines.
30% 2.
  • Proactive follow-up for trade files and preparation of trade packs for the respective funds. Maintain daily and follow the daily check list. Answer queries in a timely and efficient manner
  20 % 3.
  • Apply fund accounting trade rules and internal procedures to accommodate client needs/ ensure procedures.
30 % 4.
  • Client Contact: liaise directly with clients for instruction-related issues in defined scenarios. Master the internal contingency procedures and acquire a general awareness of BNYM’s contingency measures. Serve as a reference point for the team and other departments
  • Support the group in day-to-day tasks & ensure proactive follow up of pending items
10 % 5.
  • Perform daily controls and follow the review check list. Question the daily work in terms of risk, Identify failures, missing controls and discuss / propose solutions to solve them
  10 %


JOB DESCRIPTION CONTENT (continued)   LEVELING FACTORS Business Expertise:  Describe the requirement for knowledge and expertise about how various parts of the organization work together to achieve business objectives.  Explain the degree of understanding required of the industry, commercial environment and of competitor’s products and services. The knowledge and expertise of fund accounting concepts and advanced knowledge of trade processing of various asset groups is required.   Problem Solving:  Describe the nature and complexity of the problems this position encounters on a recurring basis.  Include information regarding the level of innovation required, if any, and include mention of environmental factors that may add to the complexity of resolving issues. The position requires the individual to have skills to interpret complex trade instructions, raise and resolve external and internal queries to provide accurate and timely resolution. The individual should have the skills to be able to recognize and escalate operational issues in a timely manner. The individual should also have ability to identify the process gaps and work with the team to create and implement the solution.       Nature & Area of Impact: To what degree does this job affect the business (i.e., through interactions with customers, making decisions, defining or setting strategy, etc.)?  What is the breadth of the impact that this job has, either positive or negative (i.e., affects own team, department, function, business unit, geography, entire business, etc.)? Interact and communicate with the Staff to resolve queries and work towards reducing errors and maximizing efficiencies. Interact and Communicate with fund accounting/onshore team on outstanding issues/queries          Interactions / Interpersonal Skills:  Describe the nature and level of interactions this job has with others, both internally and externally.  Explain any specific interpersonal skills necessary to successfully perform this role (i.e., negotiation skills, represents business at external events or to governmental bodies, etc. ). *Effective communication (articulately expresses thoughts and ideas  both oral and written) & Quick learning. Ability to identify the processing errors and provide effective feedback to the processor. Ability to handle crunch situation and to be able to work under extremely tight deadlines.  


Job Qualifications:  Indicate the minimum and preferred education and experience for this job and any licenses and certifications required Minimum Education: - 1. Graduate  2. Preferably or Economics     Preferred Education: Minimum Experience: Minimum 2 year experience in FA Trade Processing   Preferred Experience: Minimum 2 year experience in Fund Accounting and exposure in Financial Industry is Preferable   Minimum Language Skills: Good written and oral English communication skills required   Preferred Language Skills: Good written and oral English communication skills required

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:

BNY Mellon's Asset Servicing business is dedicated to dynamically supporting our clients' investments and safeguarding their assets, keeping them working around the clock and across the world. It's part of our commitment to being a true partner for our clients' investment success. We specialize in operational solutions and capabilities for today's market-enhancing management and administration of investments with services that process, monitor and measure investment data from around the world. By leveraging BNY Mellon's global footprint and deep expertise, we deliver insight-driven solutions for every phase of investing.

BNY Mellon is an Equal Employment Opportunity Employer.

Primary Location: India-Maharashtra-Pune
Job: Asset Servicing
Internal Jobcode: 70512
Requisition Number: 1714837