BNY Mellon Careers

Managed Accounts Specialist

New York, New York
Asset Management


Job Description

Summary:

BNY Mellon Investment Management is one of the world's leading investment management organizations and one of the top U.S. wealth managers. Our business encompasses BNY Mellon's affiliated investment management firms, wealth management organization, and global distribution companies.  Our goal is to build and deliver investment and wealth management strategies and solutions to meet our clients’ needs.

 

Drawing on deep expertise, we collaborate with our clients to tailor our best ideas and resources to meet their specific requirements. Through our global network we have developed a significant understanding of local requirements. We pride ourselves on providing dedicated service through our teams.

 

With extensive experience in anticipating and responding to the investment and financial needs of the world's governments, pension plan sponsors, corporations, foundations, endowments planned giving programs, advisors, intermediaries, individuals and families, and family offices, BNY Mellon Investment Management can help our clients reach their goals.

The Role:

Under the direction of the Lead Manager, the Managed Accounts Specialist will be responsible for the investment of client cash flows and model changes, maintenance and delivery of models to financial intermediaries and monitoring movement of securities markets and trading patterns of securities to ensure proper trade execution and to minimize market impact. The individual in this role will be expected to independently research, explain, and resolve variance in models and client accounts, review reconciliation and cash reports and perform operational reporting duties. . The Managed Accounts Specialist will participate in the design and build out of a consistent approach for analytics, reporting and data comparisons across various securities and pricing reference data sources covering internal firm sources. He or she will also support management with various projects, inclusive of client onboarding and technology deployment.

 

This position requires an individual who is both self-motivated and detail oriented; a strong communicator who is comfortable interfacing across multiple departments and with individuals at various levels of the organization. The Managed Accounts Specialist will have regular contact with Portfolio Managers/Client Relationship Mangers, consultants, and clients and will be expected to follow-up on all inquiries in a prompt and thorough manner. 

Qualifications

Basic Qualifications:

  • Bachelor’s Degree
  • At least 3+ year of professional experience working in financial services industry
  • Proficiency with Microsoft Excel and Access

Preferred Qualifications:

  • Understanding of managed accounts business
  • Proficiency with Archer IMS, Fiserv APL, and Charles River OMS
  • 3+ year of professional experience working in a buy-side asset management firm


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.

As one of the world's leading investment management organizations and one of the top U.S. wealth managers, BNY Mellon Investment Management combines agility, insight and scale to create and deliver strategies and solutions to address our clients' needs. Encompassing BNY Mellon's investment management firms, wealth management organization and global distribution teams, we draw on deep expertise to collaborate with clients and tailor our best ideas and resources to meet their specific needs. We pride ourselves on providing dedicated service through our network of global professionals who have a deep understanding of local requirements. With our extensive experience in anticipating and responding to the investment and financial needs of the world's governments, pension plan sponsors, corporations, foundations, endowments, advisors, intermediaries, individuals and families, and family offices, BNY Mellon Investment Management is dedicated to helping clients reach their goals.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.


Primary Location: United States-New York-New York
Internal Jobcode: 08513
Job: Asset Management
Organization: IM Infrastructure-HR14826
Requisition Number: 1806657