Senior Specialist, Middle Office

BNY Mellon; Pittsburgh (Allegheny County); On-site; USD 85,000 - 120,000; Full time

Job summary

BNY Mellon in Pittsburgh, PA seeks a Senior Specialist, Middle Office to join the Integrated Middle Office Solutions team. You will oversee quality control of processing, allocate work, and manage workflows for the Middle Office and outsourced functions.

The role requires reviewing and approving junior staff work, analyzing complex transactions, maintaining trade data, handling reconciliations, market claims, and addressing client inquiries and IBOR-related issues while mentoring teammates.

Qualifications

• Bachelor's degree in finance or equivalent experience required.
• 5-7 years of total relevant work experience preferred.
• Experience handling complex, multi-faceted transactions and client inquiries.
• Experience with reconciliations, trade processing, exception handling, and market claims in a Middle Office environment.
• Ability to collaborate with internal and external stakeholders and act as a SME.

Responsibilities

• Oversee quality control of processing, work allocation, and workflow for a Middle Office team and outsourced functions in line with policies.
• Review and approve work performed by junior levels according to function policies.
• Analyze and research the most complex transactions and provide SME guidance.
• Maintain trade static data, enrich trades, handle exceptions, and manage market claims and reconciliations.
• Support incident management, client inquiries, ad hoc reporting, and IBOR accuracy issues.
• Provide guidance to less experienced team members and contribute to team objectives.

Skills

Analytical thinking

Stakeholder management

Mentoring

Attention to detail

Education

Bachelor's degree in finance

Job description

Senior Specialist, Middle Office

We're seeking a future team member for the role Senior Specialist, Middle Office, to join our Integrated Middle Office Solutions team. This role is located in Pittsburgh, PA.

In this role, you'll make an impact in the following ways:

• Oversee quality control of processing, work allocation, and workflow for a Middle Office team and outsourced functions in accordance with SLD.
• Review and approve work conducted by more junior levels in line with function policies and procedures.
• Perform analysis and research on the most complex transactions, identify solutions to complex inquiries, and serve as a subject matter expert.
• Facilitate maintenance of trade static data, trade enrichment, trade exception handling, market claims, and complex reconciliations, including cash, asset, trade matching, market value, and trade fails.
• Support incident management, client inquiries, ad hoc reporting, and identify/escalate issues affecting IBOR accuracy.
• Provide guidance to less experienced team members and contribute to team objectives.

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

• Bachelor's degree in finance or the equivalent combination of education and experience is required.
• 5-7 years of total relevant work experience preferred.
• Experience handling complex, multi-faceted transactions and escalated client inquiries.
• Experience with reconciliations, trade processing, exception handling, and market claims in a Middle Office environment.
• Ability to collaborate with internal and external stakeholders and exercise sound judgment on atypical transactions.
• Ability to act as a subject matter expert and guide less experienced staff.