Job Opportunity: Associate, Middle Office I at BNY Mellon (Pune & Chennai)

Are you ready to launch your career in the financial services industry? BNY Mellon, a global leader in investment management and investment services, is hiring for the position of Associate, Middle Office I in Pune and Chennai. This is an exciting opportunity for recent graduates and professionals with up to 3 years of experience to gain hands-on middle office experience, work with an exceptional team, and grow in the dynamic world of finance.

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Job Title: Associate, Middle Office I

• Company: BNY Mellon
• Location: Pune, Chennai
• Education Required: Bachelor’s Degree
• Experience: 0 – 3 years

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Company Overview

BNY Mellon is a leading global investments company dedicated to helping clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations, or high-net-worth individuals, BNY Mellon delivers informed investment management and investment services in 35 countries.

Joining BNY Mellon means becoming part of a global organization that’s committed to diversity, growth, and professional development. Our Middle Office division is pivotal to ensuring smooth transaction processing and delivery of services to our clients.

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Roles and Responsibilities

As an Associate, Middle Office I, you will be responsible for ensuring accurate and timely processing of financial transactions, reconciliations, and reporting. You will collaborate with internal teams, third-party stakeholders, and clients to deliver exceptional service and meet the financial goals of the firm.

1. Reconciliation and Break Resolution:

   • Reconcile cash, asset, trade matching, and market value to third-party data.
   • Perform break assignment and resolution of reconciliation discrepancies and failing trades.
   • Ensure timely completion of reconciliation tasks and escalate complex issues to senior team members.

2. Trade Data Management:

   • Maintain and update trade static data.
   • Oversee trade enrichment, trade exception handling, and market claims processes.
   • Collaborate with other departments to streamline trade processes and minimize errors.

3. Portfolio Valuation and Reporting:

   • Manage the daily portfolio valuation processes, ensuring accuracy and timeliness.
   • Engage in exception processing for portfolio valuation breaks.
   • Support the monthly accounting close processes and prepare cash projection reports.

4. Client Interaction:

   • Handle basic client inquiries and provide prompt resolutions to issues.
   • Ensure high levels of client satisfaction by responding to routine questions and assisting with any discrepancies.

5. Team Collaboration:

   • Work closely with cross-functional teams to deliver superior financial solutions.
   • Contribute to the achievement of team objectives through exceptional communication and teamwork.
   • Participate in monthly end-client statement delivery and assist in ad hoc reporting when required.

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Skills and Qualifications

To succeed in this role, you need a mix of technical and interpersonal skills. You will be working with complex financial data and collaborating with both internal and external stakeholders. Here’s what you’ll need to bring:

• Education:
  A Bachelor’s Degree in finance, accounting, economics, or any other relevant field is required.

• Experience:
  0 to 3 years of experience in finance, accounting, or middle office operations. Fresh graduates are encouraged to apply.

• Technical Skills:

  • Experience with reconciliation processes and portfolio management systems is preferred.
  • Knowledge of trade exception handling, trade data maintenance, and cash management is an advantage.
  • Proficiency in Microsoft Office, particularly Excel, is beneficial.

• Communication Skills:
  Strong verbal and written communication skills to interact with clients and team members effectively.

• Problem-Solving Skills:
  Ability to resolve discrepancies in reconciliation processes and escalate complex issues to senior team members.

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Why Join BNY Mellon?

BNY Mellon offers unparalleled growth opportunities in the financial services sector. By joining our Middle Office team, you will have the opportunity to develop crucial skills, work on complex transactions, and make a meaningful impact.

• Professional Development:
  BNY Mellon is dedicated to providing its employees with the tools and training they need to succeed. You’ll have access to comprehensive learning and development resources, mentorship opportunities, and career growth programs.

• Global Impact:
  At BNY Mellon, you’ll be part of a global organization that plays a critical role in shaping the world’s financial markets. Our work is meaningful, and you’ll have the opportunity to work with clients and colleagues across the world.

• Supportive Work Environment:
  We believe in creating a diverse, inclusive, and collaborative workspace where employees feel empowered and motivated to perform at their best.

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How to Apply

APPLY NOW

If you’re looking to start or enhance your career in the financial services industry, BNY Mellon is the place for you. Apply today for the Associate, Middle Office I role in Pune or Chennai and take the next step in your professional journey. To submit your application, visit the BNY Mellon Careers Page.

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Tags:
#MiddleOfficeJobs #BNYMellonCareers #AssociateMiddleOffice #FinanceJobsPune #FinanceJobsChennai #FinancialServices #ReconciliationJobs #EntryLevelFinance #FreshersFinanceJobs #GraduateJobsFinance

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Labels:
BNY Mellon, Associate Middle Office I, Pune Jobs, Chennai Jobs, Middle Office Careers, Finance Jobs, Reconciliation, Trade Data Management, Portfolio Valuation, Entry-Level Finance Jobs, 0 to 3 years Experience