Job Description
Associate, Middle Office II
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what is all about.
We’re seeking a future team member for the role of Associate, Middle Office II to join EMEA Portfolio Accounting Team team. This role is located in Manchester on a hybrid basis (4 days a week in office)
About The Team
Our EMEA Portfolio Accounting Team is expanding. We are onboarding new clients and growing our EMEA footprint. The client base includes large global Investment Managers and Insurers (IMs) as well as local UK-based IMs. The team is part of Middle Office and oversees the Investment Book of Record (IBOR) utilized by our clients. The IBOR supports trading activities including position, cash, forecasting, and NAV returns.
This is an excellent opportunity to join a growing and fast-paced team in our Manchester. The team is responsible for daily client reporting and reconciliations in support of the IBOR.
In this role, you’ll make an impact in the following ways:
- Regularly interacting with clients to provide consultation and resolve complex inquiries and transactions.
- Managing multiple custodian bank reconciliations for cash and stock across various accounting platforms.
- Providing daily and monthly reporting including positions, cash forecasting, month-end client reports, and ad hoc requests.
- Collaborating closely with global stakeholders including BNY Mellon, external custodians, brokers, and internal utilities (derivatives, corporate actions, recon support, pricing, transfer agency, fund accounting, and market FX).
To be successful in this role, we’re seeking the following:
- Bachelor's degree preferred, or equivalent combination of education and experience.
- Excellent communication skills, both verbal and written.
- Demonstrable product knowledge (Funds, Derivatives, Equities, and Fixed Income).
- Demonstrable systems knowledge (TLM, Eagle) preferred but not essential.
- Demonstrable knowledge of Digital Tools (Power BI, Alteryx, UI Path).
- Experience in the securities or financial services industry.
At BNY, our culture speaks for itself. Here’s a few of our awards:
- America’s Most Innovative Companies, Fortune, 2024
- World’s Most Admired Companies, Fortune 2024
- Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
- Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024
- “Most Just Companies”, Just Capital and CNBC, 2024
- Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
- Bloomberg’s Gender Equality Index (GEI), 2023
Our Benefits And Rewards
BNY 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, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
