Overview
Job Title: Manager, Reconciliation
Bring your ideas. Make history.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital.
With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.
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What we do:
The team provides inquiry and resolution support for over 400 Investment Managers and Internally Managed clients through a dedicated servicing unit in DSD. Clients are mainly domiciled in the US and EMEA, but some are also based in APAC, Brazil, and Canada.
The Federal Reserve (FED) is the key regulator interacting with US DSD; however, other regulatory bodies such as the National Bank of Belgium (NBB), Financial Conduct Authority (FCA), and the Prudential Regulation Authority (PRA) influence the risks and controls.
The successful candidate will:
The role leads a small team within the Reconciliation function responsible for performing in-depth analysis of reconciliations.
Deciphers complex exceptions and performs root-cause analysis as to why the exception exists. Acts as the first level of escalation for complex or serious issues.
Analyses operational needs, contributes to the development and implementation of solutions.
Leverages a strong understanding of tools to identify breaks. Synthesises and analyses team reporting of daily, weekly, and monthly reconciliations.
Interacts with supervisors and managers of other groups in the firm to address issues and recommend improvements.
Tests new technology solutions or improvements for new and existing business needs and acts as a subject matter expert.
Recruits, directs, motivates, and develops staff, maximizing their individual contributions, their professional growth and their ability to function effectively with their colleagues as a team.
What we are looking for:
Bachelor's degree or the equivalent combination of education and experience in business management or related field is required.
4-5 years of total work experience with at least 0-1 years in management preferred. Experience in brokerage/banking operations/ reconciliation processes preferred. Applicable local/regional licenses or certifications as required by the business.
Our offer for you:
- Excellent opportunities for training, growth, and professional development
- Mentoring and job shadowing programs
- A multitude of opportunities to get involved in additional charity projects and engagement groups
- Employee Referral Program
- Health Promotion: Wellbeing and Innovation Centre, Wellbeing programs
- Full time contract of employment
- Competitive salary
- Health & Life Insurance
- Private medical care
- Pension scheme
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.