Senior Representative, Reconciliation

Job Description

Pershing’s Bank & Depository Balancing team is responsible for reconciling the firm’s bank (check deposit, disbursement, FedWire, ACH, USD & currency) and depository (DTCC, custodian, international local market, Euroclear, security position) accounts. Exciting opportunity for operations professional with history of implementing process improvements that create scale, drive efficiency and enhance controls. TLM, mainframe, Excel, Access, SWIFT, BAI solutions employed.  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.


Bachelors degree preferred. 3-5 years of total work experience preferred. Experience in brokerage/banking operations preferred.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.

Primary Location: United States-Florida-Lake Mary
Internal Jobcode: 70569
Job: Asset Servicing
Organization: Pershing Domestic-HR06431
Requisition Number: 1917592