BNY Mellon Careers

Senior Representative, Reconciliation

Pune, India
Asset Servicing


Job Description

Reconciliation - S4 Performs analysis of reconciliations, or in some areas of the organization may serve in a lead capacity. Deciphers complex exceptions between systems, clients, institutions, etc. for securities, cash and/or derivatives. Processes client accounts. Reviews work performed by more junior levels. Deciphers complex exceptions, performing root-cause analysis on why exceptions exist. Analyzes trends, enters reconciliation data and ensures proper aging. Assists more junior level support staff in identifying more complex differences. Escalates any unidentifiable differences to more experienced support staff. Communicates complex break reports to either internal groups within the firm or correspondents outside the firm. Monitors resolution. Assists in analyzing operational needs. Assists in daily, weekly and monthly reporting using an understanding of the stock record and knowledge of basic accounting. Assists with regulatory reporting. May participate in testing of new technology solutions or enhancements ensuring that reconciliation processes remain intact. May interact with those at a senior level in other groups to obtain feedback on issues or improvements. No direct reports. May serve in a lead capacity, providing work guidance or review/approval oversight to lower level peers. Impact related to own work, supports the achievement of team objectives. High School/secondary school or the equivalent combination of education and experience is required. Bachelors degree preferred. 3-5 years of total work experience preferred. Experience in brokerage/banking operations preferred.

Qualifications

Reconciliation - S4 Performs analysis of reconciliations, or in some areas of the organization may serve in a lead capacity. Deciphers complex exceptions between systems, clients, institutions, etc. for securities, cash and/or derivatives. Processes client accounts. Reviews work performed by more junior levels. Deciphers complex exceptions, performing root-cause analysis on why exceptions exist. Analyzes trends, enters reconciliation data and ensures proper aging. Assists more junior level support staff in identifying more complex differences. Escalates any unidentifiable differences to more experienced support staff. Communicates complex break reports to either internal groups within the firm or correspondents outside the firm. Monitors resolution. Assists in analyzing operational needs. Assists in daily, weekly and monthly reporting using an understanding of the stock record and knowledge of basic accounting. Assists with regulatory reporting. May participate in testing of new technology solutions or enhancements ensuring that reconciliation processes remain intact. May interact with those at a senior level in other groups to obtain feedback on issues or improvements. No direct reports. May serve in a lead capacity, providing work guidance or review/approval oversight to lower level peers. Impact related to own work, supports the achievement of team objectives. High School/secondary school or the equivalent combination of education and experience is required. Bachelors degree preferred. 3-5 years of total work experience preferred. Experience in brokerage/banking operations preferred.



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: bnymellon.com/careers.

Client Service Delivery (CSD) brings together BNY Mellon's key operational areas into one global team to better support the company's businesses and serve clients around the world. CSD helps clients to conduct business, service assets, and engage in transactions in 35 countries and more than 100 markets. At every stage of the investments lifecycle - creating, trading, clearing, settling, holding, servicing, managing, distributing and restructuring assets - CSD is working to make BNY Mellon the recognized industry service quality and productivity leader. Client Service Delivery manages investment monitoring, measurement and processing services for our clients. Our solutions include Securities Operations, Fund Administration, Transfer Agency, Outsourcing, Performance Measurement and other related services.

BNY Mellon is an Equal Employment Opportunity Employer.

Primary Location: India-Maharashtra-Pune
Job: Asset Servicing
Internal Jobcode: 70569
Organization: Glb Inst Acctg Risk Solutions-HR14005
Requisition Number: 1800987