BNY Mellon Careers
Markets FX Operations EMEA Section Manager
Markets FX Operations EMEA Section ManagerThe primary objective of the operation is to ensure timely and accurate settlement of client and market Foreign Exchange activity. This extends to post trade reporting, reconciliation and query resolution of all EMEA Markets Foreign Exchange. The FX Middle Office is also responsible for the trade capture segment of the FX transaction lifestyle. The team is the link between Asset Servicing and Markets Division for FX trade flow FX Middle office are the link that ensures FX requests are sent in a timely and accurate manner for pricing to the Markets Trading Desk. Services are also provided to support the FX Swap activity of Corporate Treasury across multiple Legal Entities. Markets EMEA FX Operations is the back office for Foreign Exchange trade settlement and control monitoring for Markets FX Trading Europe (encompassing London, Belgium (SA/NV), Frankfurt, and International Legal Entities.) In addition to BAU activities, the operation is requested to participate in the ongoing development of markets and BNYM client product offerings to provide comfort and sign off from a technology and product perspective. The Markets EMEA FX Operations Section Manager is responsible for supporting the department in all day to day foreign exchange related back office functions. The person is charged with delivering superior service for the Markets Front Office Operation including FX trading and sales extending to all other applicable areas of BNY Mellon and external clients. FX Trade volumes average 100,000 deals per month totalling in excess of $250 Billion. The overall objective of the position is to ensure that the daily workflow for Markets Operations are completed in a timely, efficient and accurate manner, supporting the confirmation process, maintenance of relevant static data in back office systems, resolve any settlement issues by liaising with management and counterparties, managing queries from both internal and external sources in a competent, efficient and timely manner. Timely and accurate settlement of FX activity is a key deliverable for the role. Participation and support of staff in an assigned work stream is a core element of the role. Role Responsibilities; Acts as deputy for the Group Manager when requested. Responsible for effective team management Responsible for the day to day oversight and participation of workflow responsibilities within the team. Provides timely staff training, identifies knowledge and process gaps within team and keeps up to date on department CAM Acts as first point of escalation and escalates through the chain as appropriate. Bank authorised signatory. Active participation in assigned work stream(s) Essential : Analytical Thinking Builds Networks Excellent communication skills, both written and oral, including the ability to communicate with colleagues at all levels Interpersonal skills, with some proven team leadership skills Concern for Impact Decision Making & Accountability Job Proficiency Personal Organisation Process Improvement Product Knowledge Results Focused Strong attention to detail Strong desire for excellence with a conscientious approach Proactive nature Well organised and able to work under pressure in order to meet tight deadlines and stakeholder expectations Ability to work without close supervision, organise, manage and prioritise work Be able to identify and analyse issues Effective team worker Flexible to business needs Strong client service ethic Risk aware Intermediate knowledge of MS Excel and MS Word
QualificationsBachelors degree or the equivalent combination of education and experience is required. Experience in brokerage processing is preferred. Applicable local/regional licenses or certifications as required by the business.
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.
Global Markets, through its Foreign Exchange, Derivatives, BNY Mellon Capital Markets, LLC and BNY Mellon Capital Markets EMEA Limited businesses, provides a broad array of products and services for corporate, institutional and high-net-worth investors to choose among various vehicles aimed at protecting principal, providing growth and managing risk.
BNY Mellon is an Equal Employment Opportunity Employer.
Primary Location: United Kingdom-Greater Manchester-Manchester
Job: Global Markets
Internal Jobcode: 70604
Organization: MARKETS CENTRAL MANAGEMENT-HR15164
Requisition Number: 1809257
Tags: EFC: EMEA: 2-1