At a Glance
- Tasks: Manage trade orders and oversee loan closing processes in a dynamic financial environment.
- Company: Join BNY, a leading global financial services company driving innovation.
- Benefits: Competitive pay, flexible resources, generous leave, and wellbeing programs.
- Other info: Collaborative culture focused on continuous improvement and personal growth.
- Why this job: Be part of a team that influences 20% of the world’s investible assets.
- Qualifications: 4-7 years in trade operations, strong analytical skills, and advanced Excel proficiency.
The predicted salary is between 80000 - 100000 ÂŁ per year.
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.
We’re seeking a future team member for the role of Vice President, Middle Office Manager to join our Global Loan Operations team. This role is located in London, UK. In this role, you’ll make an impact in the following ways:
- Raise and manage new trade orders in BNY’s proprietary order-management and trade-workflow platforms, tracking each trade through to settlement.
- Oversee the LMA/LSTA par and distressed loan closing process serving as the escalation lead to ensure on-time, accurate closings.
- Support complex loan transactions and refinancings alongside our clients.
- Analyze and interpret documentation for distressed assets (Credit Agreements, Shareholder or Co-Op Agreements, etc.) to guide settlement and booking decisions.
- Partner with third-party settlement vendors on loan settlement and troubleshoot breaks or exceptions to maintain seamless, timely settlement.
- Monitor intraday liquidity and optimize settlement allocations for multiple funds—balancing urgency, efficiency and risk.
- Research and process corporate actions and restructurings, driving outcomes that support fund objectives.
- Track and resolve position breaks, escalating to the desk and technology partners as needed.
- Continuously refine our operating model—identifying automation and process-enhancement opportunities in partnership with BNY Technology, Treasury and Fund Finance teams.
- Liaise with custodians, administrators and internal teams on trade, position and pricing queries.
- Deliver monthly and quarterly reporting to senior management, compliance and external partners.
- Collaborate with the Global Bank Loans Middle Office team —spreading best practices and fueling a culture of continuous improvement.
To be successful in this role, we’re seeking the following:
- 4-7 years’ hands-on trade-operations or settlement experience across syndicated bank loans.
- Deep understanding of bank-debt closing processes, credit-documentation conventions.
- Advanced MS Excel skills, with a track record of building models or tooling to drive efficiency.
- Strong analytical, problem-solving and communication skills—able to distill complexity and “Own It” end-to-end.
- Self-starter who thrives under pressure, manages competing priorities and continually seeks to learn.
- A collaborative spirit, committed to BNY’s “Thrive Together” culture of knowledge-sharing and team success.
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.
Vice President, Middle Office in London employer: BNY Mellon
Contact Detail:
BNY Mellon Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Vice President, Middle Office in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance industry, especially those who work at BNY or similar firms. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by researching BNY’s culture and values. Understand their focus on innovation and collaboration, and think of examples from your experience that showcase how you embody these traits.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills in trade operations and settlement can directly benefit BNY. Tailor your responses to highlight your analytical and problem-solving abilities.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the BNY team and contributing to their mission.
We think you need these skills to ace Vice President, Middle Office in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Vice President, Middle Office role. Highlight your trade operations experience and any relevant skills that match the job description. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team at BNY. Be sure to mention specific experiences that demonstrate your analytical and problem-solving skills.
Showcase Your Achievements: When detailing your experience, focus on your achievements rather than just responsibilities. Use metrics where possible to show how you've made an impact in previous roles. We love seeing results-driven candidates!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team at BNY!
How to prepare for a job interview at BNY Mellon
✨Know Your Trade Operations
Make sure you brush up on your knowledge of trade operations and settlement processes. Familiarise yourself with the specifics of syndicated bank loans and the closing processes, as this will show your expertise and readiness for the role.
✨Showcase Your Analytical Skills
Prepare to discuss examples where you've used your analytical skills to solve complex problems. Be ready to explain how you've distilled complexity in past roles, as this aligns perfectly with what BNY is looking for in a candidate.
✨Demonstrate Collaboration
BNY values a collaborative spirit, so think of instances where you've worked effectively in a team. Highlight how you’ve contributed to a culture of knowledge-sharing and continuous improvement, which is key to thriving together.
✨Be a Self-Starter
Prepare to share examples of how you've taken initiative in previous roles. Discuss how you manage competing priorities and your eagerness to learn, as these traits are essential for success in a fast-paced environment like BNY.