At a Glance
- Tasks: Join our Operations team to process and analyse financial transactions.
- Company: BNY is a leading global financial services company impacting 20% of the world's investible assets.
- Benefits: Enjoy competitive pay, flexible work options, and generous paid leave including volunteer time.
- Why this job: Be part of an innovative, inclusive culture that values your perspective and contributions.
- Qualifications: Bachelor's degree in finance and 3-5 years of relevant experience preferred.
- Other info: This role is hybrid, based in Manchester, with opportunities for growth and leadership.
The predicted salary is between 28800 - 48000 ÂŁ per year.
Overview
Job Description Associate, Middle Office II. 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, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what is all about. Join us and be part of something extraordinary. We’re seeking a future team member for the role of Associate, Middle Office II to join our Securities Finance team. This role is located in Manchester.
Responsibilities
- Responsible for processing, monitoring, researching and analyzing transactions and resolving complex inquiries. Coordinates with multiple internal stakeholders and external clients to gather and disseminate data-related information about transactions.
- Conducts research to gather information on complex transactions and data-related, straightforward inquiries.
- Responsible for lending loan cycle – receiving collateral, settlements, maintaining daily collateral levels, closing loans.
- Responsible for assisting with reconciliation breaks, client income and corporate events, daily workflow, task validation and ad hoc reporting.
- Responsible for or facilitating the maintenance of trade static data, trade enrichment, and trade exception handling and market claims.
- Focus is on gaining experiences and developing Middle Office skills and expertise. Escalates the most complex transactions to senior team members.
- Provides guidance to less experienced team members. Collaborates with a group of internal and external stakeholders to deliver recommendations to complex inquiries. Regularly interacts with clients in providing consultation and resolving complex inquiries and transactions. No direct reports. Provides guidance to less experienced Middle Office staff as needed.
- Contributes to the achievement of team objective
Qualifications
- Bachelor’s degree in finance or the equivalent combination of education and experience.
- 3-5 years of total relevant work experience preferred.
- Strong analytical and problem-solving skills related to transaction processing and reconciliation.
- Excellent communication and collaboration skills to work effectively with internal teams and external clients.
- Ability to provide guidance and support to less experienced team members.
- No direct people leadership responsibilities.
Awards and Additional Information
- America’s Most Innovative Companies, Fortune, 2025
- World’s Most Admired Companies, Fortune 2025
- “Most Just Companies”, Just Capital and CNBC, 2025
Benefits and Equal Opportunity
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.
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Associate, Middle Office II employer: BNY
Contact Detail:
BNY Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate, Middle Office II
✨Tip Number 1
Familiarise yourself with the specific operations and processes of the Middle Office. Understanding transaction processing, reconciliations, and NAV calculations will give you a solid foundation to discuss during interviews.
✨Tip Number 2
Network with current or former employees at BNY, especially those in the Operations team. They can provide insights into the company culture and the expectations for the Associate role, which can be invaluable during your application process.
✨Tip Number 3
Prepare to demonstrate your problem-solving skills through real-life examples. Think of situations where you've successfully resolved complex inquiries or collaborated with stakeholders, as these are key aspects of the role.
✨Tip Number 4
Stay updated on industry trends and news related to financial services and Middle Office operations. This knowledge can help you engage in meaningful conversations during interviews and show your genuine interest in the field.
We think you need these skills to ace Associate, Middle Office II
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in Middle Office operations, transaction processing, and analysis. Use keywords from the job description to demonstrate that you meet the qualifications.
Craft a Compelling Cover Letter: Write a cover letter that showcases your communication and problem-solving skills. Mention specific examples of how you've collaborated with stakeholders in previous roles, as this is crucial for the position.
Highlight Relevant Experience: In your application, emphasise any experience you have with custodian bank reconciliations, portfolio valuation processes, and cash management support. This will show that you understand the responsibilities of the role.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is essential in the financial services industry.
How to prepare for a job interview at BNY
✨Understand the Role
Make sure you thoroughly understand the responsibilities of the Associate, Middle Office position. Familiarise yourself with transaction processing, reconciliation, and data analysis, as these are key aspects of the role.
✨Showcase Your Experience
Prepare to discuss your relevant work experience in Middle Office operations. Highlight specific examples where you've successfully resolved complex inquiries or collaborated with stakeholders, as this will demonstrate your capability for the role.
✨Demonstrate Problem-Solving Skills
Be ready to provide examples of how you've tackled challenges in previous roles. BNY values strong problem-solving skills, so think of situations where you identified issues and implemented effective solutions.
✨Research BNY's Culture
Familiarise yourself with BNY's culture and values. Understanding their commitment to innovation and inclusivity will help you align your answers with what they are looking for in a candidate, making you a more appealing choice.