Banking Operations Associate

Korn Ferry; New York (NY); On-site; USD 100,000 - 130,000; Full time

Job summary

Join a forward-thinking company as an Associate in the FICC Back Office Operations team, where you'll support daily operations for Money Market, Foreign Exchange, and Derivatives transactions. This dynamic role emphasizes operational excellence and requires a strong grasp of the trade lifecycle. You'll engage in trade processing, account reconciliations, and compliance, ensuring high-quality service to internal teams and external partners. If you're detail-oriented and thrive in a collaborative environment, this opportunity offers the chance to make a significant impact in a fast-paced financial setting.

Qualifications

• Bachelor’s degree in Finance or Economics required.
• Strong understanding of financial markets and trade lifecycle operations.

Responsibilities

• Perform trade processing and settlement activities for various transactions.
• Conduct daily account reconciliations to identify and resolve discrepancies.

Skills

Analytical Skills

Problem-Solving Skills

Communication Skills

Interpersonal Skills

Attention to Detail

Education

Bachelor’s Degree in Finance

Bachelor’s Degree in Economics

Tools

SWIFT

ISO Messaging Formats

Reconciliation Systems

Murex

Job description

This range is provided by Korn Ferry. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$100,000.00/yr - $130,000.00/yr

Position Summary:

We are seeking a motivated and detail-oriented Associate to join our FICC Back Office Operations team in New York. The Associate will play a critical role in supporting daily operations for Money Market, Foreign Exchange, and Derivatives transactions, ensuring accurate processing, reconciliation, and compliance with internal and external requirements. This is a dynamic position that requires flexibility, a strong grasp of the trade lifecycle, and a commitment to operational excellence.

Key Responsibilities:

• Perform trade processing and settlement activities for Money Market, FX, and Derivatives transactions
• Verify and confirm trades with counterparties, ensuring accurate booking and timely settlement
• Conduct daily account reconciliations to identify and resolve discrepancies
• Provide high-quality service to internal teams and external partners
• Assist in departmental projects and contribute to process improvements
• Maintain and strengthen internal control processes and adhere to compliance protocols
• Ensure adherence to all internal policies, BSA/AML requirements, and regulatory obligations
• Represent DNB in communications with external vendors and stakeholders

Qualifications:

• Bachelor’s degree required; focus in Finance, Economics, or related field preferred
• Strong understanding of financial markets and trade lifecycle operations
• Detail-oriented with excellent analytical and problem-solving skills
• Ability to work effectively in a collaborative team environment
• Strong communication and interpersonal skills
• Familiarity with SWIFT, ISO messaging formats, and reconciliation systems
• Knowledge of Murex is a plus

Experience:

• Relevant professional experience in Back Office Operations within the financial industry
• Exposure to international banking systems and settlement platforms
• Demonstrated ability to operate in a control-focused, high-stakes environment

SE# 510732966

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance

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