Title of the position Senior Representative, Middle Office
Department Market Ops – Securities Finance
Reports to (to whom the person directly reports) Stacey Hoare
Job Purpose BNY Mellon Markets Securities Finance is comprised of two complementary product offerings – Agency and Principal Securities Finance. By leveraging our global perspective and innovative capabilities across these solutions, Securities Finance is able to help clients optimize portfolio return, source liquidity to manage funding needs and reduce operating costs. As a member of the Securities Finance team, you will be part of a global market leader, working with a world class group in multiple global locations and servicing some of the largest clients worldwide.
Core Responsibilities Middle Office - S3 Independently provides accounting and trading support activities for funds of higher complexity. Performs reviews of more complex documents processed from across the Bank to confirm compliance with established processes and procedures. Reviews work of more junior colleagues and provides technical assistance on complex matters. Independently performs complex functions supporting accounting, trading and client services activities including book-keeping and data review. Reviews high volume of documents to ensure processors followed established procedures and took on minimal risk. Leverages strong knowledge of processes of procedures to confirm findings. Reviews findings of more junior staff. Tracks fund data and trades. Maintains records of high complexity in accordance with department policies and procedures. Provides requested data to team members as necessary. Searches for fail points in processes and provides error reports to clients in compliance with established service level agreements. Escalates external errors. Correction of internal errors is at the discretion of the client. Independently reviews for exceptions and may provide guidance to more junior level team members. If exceptions are found, confirms that internal and client procedures were followed, processing was on time and in line with FCC regulations and no unnecessary steps were taken. Prepares system-generated reports or templates consisting of multiple or advanced data sets and conducts general data validation and reconciliation. Reviews work of junior team members. No direct reports. Provides guidance to less experienced Middle Office support staff, as needed. Responsible for the quality and completion of own work.
QualificationsQualifications High school/secondary school or the equivalent combination of education and experience is required. Bachelors degree a plus, mutual fund industry background preferred. Experience in accounting support or the mutual fund industry preferred Working conditions and other information (working hours, full time, permanent etc.) Full Time Monday to Friday 9am to 5pm Direct reports (if any) N/A Benefits • Annual Holiday – 25 Days, plus bank holidays and the ability to purchase a further 5 days • Pension – 12% employer contribution • Life Assurance, Income protection and Medical Insurance • Education Assistance • Childcare Vouchers • Health screening • Season ticket loans • Recognition and service awards • 2 volunteering days per annum
BNY Mellon is an Equal Employment Opportunity Employer.
Primary Location: United Kingdom-Greater Manchester-Manchester
Job: Global Markets
Internal Jobcode: 70550
Organization: Securities Finance Total-HR10447
Requisition Number: 1913810