Settlements Manager - Vice President in Manchester

Location: Manchester, United Kingdom.

Responsibilities

• Record and reconcile settlement posting and positions between our in-house system and the real world.
• Build strong and detailed System and Process knowledge to resolve complex reconciliation issues between systems.
• Ensure all settlement queries are accurately allocated and responded to.
• Review and publish settlement fails and reconciliation reporting showing excellent attention to detail and foresight.
• Build and maintain good relationships with various external Custodian, Agent Banks, CSD’s and CCP’s.
• Work closely with internal teams to provide excellent client service.
• Foster good internal relationships to ensure that issues are dealt with timely and accurately.
• Monitor resolution of breaks and challenge and escape when necessary.
• Completing root cause analysis of errors within settlements departments to identify appropriate solutions.
• Cross train other team members as required to ensure full task coverage.
• Demonstrate Risk Management awareness and escalate accordingly.
• Understand and monitor the department operational controls and procedures to keep up to date.
• Provide administration functions such as Mailbox management & data collation.
• Ensuring that training materials and matrices are kept up to date in all aspects of the role.
• Proactively seek opportunities to improve processes.
• Positively adapt to changes in Systems or processes.
• Manage team resourcing.
• Work on functional changes through project streams, feeding back detail to management.
• Provide MI on key metrics around settlements life cycle and supporting tasks.
• Work on client RFPs, provide details on workshops and walkthroughs.
• Provide ideas for reworking functions utilizing AI and robotics.
• Supporting regulatory change and working with auditors.
• Complete work review and approvals.

Qualifications

• High School/secondary school or the equivalent combination of education and experience is required. Bachelor’s degree preferred.
• Proficiency with formulas, Lookups and Pivot tables in Excel to perform manual reconciliation and reporting.
• Experience in brokerage/banking operations preferred.

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.