Administrator - Edinburgh

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. 

BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team

We are looking for Candidates to join our ever growing team for a number of entry level positions. 

The Roles will Primarily involve the following duties

• The timely and accurate preparation and calculation of all areas of Centralised Expense process: from the initial preparation of the budget to the final processing of payments and adjustments in accordance with BNY Mellon standard procedures.

• Daily reconciliation of trades and cash positions, trade bookings & cash reporting.

• Assistance in the completion of net asset values (NAVs) for client funds in accordance with BNY Mellon standard operating procedures

• Preparation of cash and asset reconciliations and perform price tolerance checks

• Understanding & reviewing the terms of all derivatives contracts in order to accurately record these products on internal Accounting Systems.

• Monitoring the lifecycle of the derivatives & ensuring rates are updated, cash settlements are reconciled to Custody and positions are reconciled to the Counterparty

• Trade execution and order management, trade confirmation processing, trade reconciliation and settlement, portfolio pricing, position and P&L valuation

• Creation and delivery of daily standard client reporting with SAP Business Objects (German teams)

• Reviewing and ensuring that all tax deliverables, operational and first tax quality assurance related tasks are performed in accordance with new laws and regulations

• On-boarding of clients at BNY Mellon and ensuring the correct tax service and reporting is applied

• Providing clear, complete and accurate answers to Money Transfer related queries with specific focus on root cause

We are Looking for Candidates who hold the following 

• Fluency in English (speaking and writing)

• BA or MA degree (from various faculties)

• Proficiency with MS Office & PC literacy

• Interest in, and a basic knowledge of, financial markets

• Ability to focus on accuracy and timeliness

• Active, communicative and able to work well in a team

• Organisational, inter-personal and communication skills

• Ability to prioritise, multi-task and work under time pressure

What we Offer 

• Excellent opportunities for training, growth and professional development

• Opportunities to engage in diverse projects due to growth of business migrations

• A multitude of opportunities to get involved in additional projects

• A collaborative culture and great teams

• A supportive, open and inclusive working environment

• Job security with many opportunities for growth in a well-known company

• Challenging work

• Competitive pay

• Private medical cover and group life insurance

• Sports, social and charity events

• Opportunities to engage with BNY Mellon team members across multiple disciplines

Qualifications