What are the responsibilities and job description for the Senior Specialist, Middle Office position at BNY?
Senior Specialist, Middle Office
At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
Recognized as a top destination for innovators and champions of inclusion, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.
We’re seeking a future team member for the role Senior Specialist, Middle Office, to join our Integrated Middle Office Solutions team.
In this role, you’ll make an impact in the following ways:
- Oversee quality control of processing, work allocation, and workflow for a Middle Office team and outsourced functions in accordance with SLD.
- Review and approve work conducted by more junior levels in line with function policies and procedures.
- Perform analysis and research on the most complex transactions, identify solutions to complex inquiries, and serve as a subject matter expert.
- Facilitate maintenance of trade static data, trade enrichment, trade exception handling, market claims, and complex reconciliations, including cash, asset, trade matching, market value, and trade fails.
- Support incident management, client inquiries, ad hoc reporting, and identify/escalate issues affecting IBOR accuracy.
- Provide guidance to less experienced team members and contribute to team objectives.
To be successful in this role, we’re seeking the following:
- Bachelor’s degree in finance or the equivalent combination of education and experience is required.
- 5–7 years of total relevant work experience preferred.
- Experience handling complex, multi-faceted transactions and escalated client inquiries.
- Experience with reconciliations, trade processing, exception handling, and market claims in a Middle Office environment.
- Ability to collaborate with internal and external stakeholders and exercise sound judgment on atypical transactions.
- Ability to act as a subject matter expert and guide less experienced staff.