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Associate, Collateral Management
$85k-107k (estimate)
Full Time 2 Weeks Ago
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BNYM External Career Site is Hiring an Associate, Collateral Management Near Lake, FL

Associate, Collateral Management/Margins Representative, Middle Office~ (Hybrid)

Bring your ideas. Make history. 
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the “bank of banks” - 97% of the world’s top banks work with us as we lead and serve our customers into the new era of digital. 

With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we’re approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about. 

We’re seeking a future team member to join as an Associate, Collateral Management/Margins Representative. This role is located in Lake Mary, FL or Pittsburgh, PA and is a Hybrid position.

In this role, you’ll make an impact in the following ways: 

  • Provides quality service and support to internal and external clients on a daily basis, including monitoring collateral inflows from trade derivatives, facilitating delivery of collateral to appropriate investors and dealers. 
  • Focuses on moderately-sized, complex accounts. 
  • Monitors market movements and processes additions or removals of collateral to or from deals. Confirms trade terms and details. 
  • May serve as the intermediary for a trade or provide post-execution trade support and communicate with counter parties (traders, etc.).
  • Sets up medium-sized client accounts, maintains, prepares and reviews client statements. 
  • Trains entry level staff and instructs on performance improvements. 
  • Responsibilities are primarily limited to own fulfilment of role requirements but also include providing training and guidance to entry level staff. 

To be successful in this role, we’re seeking the following: 

  • High school/secondary school or the equivalent combination of education and experience is required. 
  • Bachelors degree preferred. 
  • 3-5 years of total work experience is preferred. 
  • Experience in brokerage processing is preferred. 
  • Applicable local/regional licenses or certifications as required by the business. 

At BNY Mellon, our inclusive culture speaks for itself. Here’s a few of our awards: 

  • Fortune World’s Most Admired Companies & Top 20 for Diversity and Inclusion 
  • Bloomberg’s Gender Equality Index (GEI)
  • Human Rights Campaign Foundation, 100% score Corporate Equality Index
  • Best Places to Work for Disability Inclusion, Disability: IN – 100% score 
  • 100 Best Workplaces for Innovators, Fast Company
  • CDP’s Climate Change ‘A List’

Our Benefits: 

BNY Mellon offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through moments that matter. 

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

Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

Job Summary

JOB TYPE

Full Time

SALARY

$85k-107k (estimate)

POST DATE

05/16/2024

EXPIRATION DATE

07/14/2024

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