Vice President, Middle Office

Vice President, Middle Office

Full-Time 72000 - 88000 £ / year (est.) No working from home possible
The Bank of New York Mellon

At a Glance

  • Tasks: Support the Front Office and enhance Investment Operations 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: Recognised for innovation and excellence, with great career growth opportunities.
  • Why this job: Be part of transformative solutions that redefine industries and uplift communities.
  • Qualifications: Knowledge of Derivative products and strong communication skills required.

The predicted salary is between 72000 - 88000 £ 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, Investment Operations to join our Derivative Trade Operations team. This role is located in London, UK. In this role, you’ll make an impact in the following ways:

  • To support the Front Office in the execution of their core activities in a changing and dynamic environment by ensuring the provision of accurate, timely and comprehensive information.
  • To assist with the development of the Investment Operations function to provide a wide-ranging service to both internal and external stakeholders.
  • To provide support to the front office to ensure trades booked are monitored through to successful settlement. This will include robust oversight of BNY Middle office on behalf of external clients.
  • To constantly challenge all current processes and procedures to identify any potential for process improvement through such things as Robotics.
  • To work closely with the front office to ensure all required brokers and markets are set up through the correct process.

To be successful in this role, we’re seeking the following:

  • Sound knowledge of Derivative and Liquid products.
  • Bilateral and Cleared OTC experience – overall workflow knowledge from Product/Security specifics to confirmation (knowledge/reference of OSTTRA/Markitwire/TradeServ/ICElink/Trade Manager).
  • Bilateral collateral and margin experience.
  • Exchange Traded Derivative end to end flow.
  • Numerate and able to interpret financial data quickly and effectively.
  • Effective time management and ability to work to strict deadlines.
  • Communication – excellent interpersonal skills and documentation maintenance.
  • Ability to problem solve and work with minimal supervision.
  • Awareness of relevant regulations, EMIR, Mifid II, CASS.
  • Previous experience of investment management middle or back office processes.

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 employer: The Bank of New York Mellon

At BNY, we pride ourselves on fostering a culture of innovation and collaboration, making us an exceptional employer for those seeking to make a meaningful impact in the financial services sector. Located in Manchester, our team enjoys access to competitive compensation, comprehensive benefits, and ample opportunities for professional growth, all while working with cutting-edge technology to drive transformative solutions. Join us and experience a workplace where your contributions are valued, and your career can flourish in a supportive environment.

The Bank of New York Mellon

Contact Details:

The Bank of New York Mellon Recruitment Team

We think you need these skills to ace Vice President, Middle Office

Knowledge of Derivative and Liquid products
Bilateral and Cleared OTC experience
Workflow knowledge from Product/Security specifics to confirmation
Experience with OSTTRA/Markitwire/TradeServ/ICElink/Trade Manager
Bilateral collateral and margin experience
Exchange Traded Derivative end to end flow
Numeracy and ability to interpret financial data