Senior Associate, Middle Office

BNY Mellon; Manchester; On-site; GBP 80,000 - 100,000; Full time

Job summary

A global investment institution in Manchester is seeking a Senior Associate for the Middle Office team. You will support the Front Office through trade monitoring, ensuring compliance with regulations like Mifid II, and identifying process improvements. The ideal candidate has a strong understanding of Derivative and Liquid products. This position offers competitive compensation and benefits in an inclusive work environment.

Benefits

Competitive compensation

Flexible wellbeing programs

Generous paid leave

Paid volunteer time

Qualifications

• Experience in middle or back office processes is preferred.
• Ability to work with minimal supervision.
• Detail-oriented with a focus on process improvement.

Responsibilities

• Build and maintain relationships with the Front Office.
• Support trade processes and ensure compliance with regulations.
• Monitor trades and clarify any discrepancies.

Skills

Sound knowledge of Derivative and Liquid products

Numerate and able to interpret financial data quickly

Effective time management

Excellent interpersonal skills

Ability to problem solve

Awareness of relevant regulations

Previous experience in investment management

Education

IMC (Investment Management Certificate)

Job description

Overview

We're seeking a future team member for the role of Senior Associate, Middle Office to join our Middle Office team. This role is located in Manchester, 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 Middle Office activity.
• To constantly challenge all current processes and procedures to identify any potential for process improvement.
• To work closely with the front office to ensure all required brokers and markets are set up through the correct process.

Responsibilities

• Build and maintain close working relationship with the Front Office and act as the day to day point of contact for queries.
• The team's main responsibilities include trade support across all assets classes, daily monitoring and reconciliations, periodic reporting, critical analysis and alignment with the changing business.

Specific responsibilities include

• Acting as link between front office, middle office, national and international 3rd parties. Including the timely and accurate booking of all trades across derivative and liquid products.
• Ensure all brokers used across full product range are set up with all relevant paperwork in place before trading commences.
• Support the front office to set up any new markets that have gone through the correct approval process.
• Work with the reconciliations team to ensure we maintain up to date and accurate cash and holdings in Aladdin.
• Work with team manager to highlight all key risks and controls across the team's processes.
• Continually looking for any possible opportunity to improve on our processes, especially utilizing any form of automation.
• Ensure all Mifid II transaction reporting and trade reporting requirements are met.
• Trade matching.
• Trade Input.
• Trade Cycle Management.

What we're looking for

• Sound knowledge of Derivative and Liquid products.
• A team player.
• 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.
• IMC an advantage.

Awards and recognition

• America's Most Innovative Companies, Fortune, 2025
• World's Most Admired Companies, Fortune 2025
• "Most Just Companies", Just Capital and CNBC, 2025

Benefits and equal opportunity

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.