Intermediate Representative - Fund/ClientAccting

Job Description

Overview of BNY Mellon:
BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. 

This role involves understanding & reviewing the terms of all derivatives contracts in order to accurately record these products on internal Accounting Systems. Monitor the lifecycle of the derivatives; ensuring rates are updated, cash settlements are reconciled to Custody and positions are reconciled to the Counterparty. It also involves investigating and resolving all derivative breaks and queries through communication with Custody, the Client, and the Counterparty.

Job Purpose: 
The desired candidate should be enthusiastic, attentive to detail, flexible and have the drive to be successful while working in a dynamic and challenging environment. The candidate will need both strong communication and time management skills. He/she should be a team player, focused on consistently achieving both team and company goals. 
• Process trades on the fund accounting system as per client instructions. • Track and manage the lifecycle of complex derivatives products • Ensure all complex derivatives have been identified and accounted for correctly at each valuation point for all funds assigned to you. • Complete reconciliations from fund accounting systems to brokers and clients for all cash and asset positions. • Highlight any potential NAV impacting positions to your Supervisor/ Manager and understand the impact that these have on the production of the final NAV. • Ensure familiarity with and proficiency on all systems required for completion of derivative reconciliations. • Develop an understanding of all the technical functions and processes in the team. • Ensure BNY Mellon and client standard procedures and controls are being adhered to on a daily basis. • Communicate any significant operational issues that arise to the Supervisor in a timely fashion.


Skills and Qualifications • Strong clerical and keyboard skills with particular focus on accuracy and attention to detail. • Advanced MS Excel skills desirable; complex formulae, pivot tables, VBA..  • Excellent teamwork, interpersonal, oral and written communication skills. • Professional approach to work and personal appearance. • An interest in a career in financial services • Third level qualification in business related discipline (Finance or similar field will be an advantage, however we equally welcome graduates of all degrees  • Proactive, focused attitude towards work and an ability to consistently meet deadlines.  • Organisational, inter-personal, verbal & written communication skills.  • High attention to detail.  • Initiative and enthusiasm with an ability to achieve challenging goals • Proactively manage and organise workflow on a daily basis • Requisite experience in the fund administration business with previous exposure to derivative instruments would be desirable
BNY Mellon is an Equal Employment Opportunity Employer.

Primary Location: Ireland-Cork-Cork
Job: Asset Servicing
Internal Jobcode: 70513
Organization: Global Utilities-HR13926
Requisition Number: 1918184