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 paid leave.
- 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.
Contact Details:
The Bank of New York Mellon Corporation Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, Middle Office Manager in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like The Bank of New York Mellon Corporation. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Vice President, Middle Office Manager in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to The Bank of New York Mellon Corporation.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on The Bank of New York Mellon Corporation's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at The Bank of New York Mellon Corporation
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with The Bank of New York Mellon Corporation.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at The Bank of New York Mellon Corporation will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former The Bank of New York Mellon Corporation employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
