At a Glance
- Tasks: Manage trade orders and oversee loan closing processes in a dynamic environment.
- Company: Join BNY, a leader in global finance with a culture of excellence.
- Benefits: Competitive pay, flexible resources, wellness programs, and generous leave policies.
- Other info: Opportunities for continuous learning and career growth in a thriving culture.
- Why this job: Make an impact in finance while collaborating with a supportive team.
- Qualifications: 4-7 years in trade operations, strong analytical skills, and a collaborative spirit.
The predicted salary is between 80000 - 100000 £ per year.
We’re seeking a future team member to join our Global Loan Operations team. This role is located in London, UK.
Responsibilities
- 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.
Qualifications
- 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 culture of knowledge‑sharing and team success.
Benefits
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.
Vice President, Middle Office Manager in City of Westminster employer: The Bank of New York Mellon Corporation
At BNY, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London. Our commitment to employee growth is evident through our robust training programs and a culture that encourages collaboration and innovation. With competitive compensation, generous benefits, and a focus on wellbeing, we empower our team members to thrive both personally and professionally.
Contact Details:
The Bank of New York Mellon Corporation Recruitment Team
