Senior Specialist, Cash Management

BNY; Manchester; On-site; GBP 70,000 - 100,000; Full time

Benefits offered by this job

Generous paid leave

Paid volunteer time

Wellbeing programs

Job summary

BNY is looking for a Vice President, Middle Office Manager in Manchester, UK. This role involves managing trade orders and ensuring seamless loan closing processes. The ideal candidate will have 4–7 years of experience in trade operations and a deep understanding of bank debt closing.

BNY offers competitive compensation and benefits, a strong culture of excellence, and opportunities for personal growth. Join a collaborative team committed to continuous improvement and excellence in operations.

Qualifications

• 4–7 years of trade operations or settlement experience.
• Deep understanding of bank-debt closing processes and credit-documentation conventions.
• Ability to distill complex problems into clear actionable steps.

Responsibilities

• Manage new trade orders and ensure accurate settlements.
• Oversee loan closing processes and support complex transactions.
• Conduct monthly and quarterly reporting to management and partners.

Skills

Trade operations experience

Bank debt closing processes

MS Excel

Analytical skills

Problem-solving skills

Communication skills

Collaborative spirit

Job description

Vice President, Middle Office Manager

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 optimise 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 (Run our Company Better)
• 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 (Thrive Together)

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 (Spark Progress)
• 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 (Stay Curious)
• A collaborative spirit, committed to BNY’s "Thrive Together" 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, including generous paid leave and paid volunteer time to support you and your family through moments that matter.

Equal Opportunity

BNY is an Equal Employment Opportunity/Affirmative Action Employer – Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.