Associate, Middle Office II

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere. We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about. We're seeking a future team member for the role of Associate, Middle Office II to join our Middle office collateral team. This role is located in Pune/ Chennai, MH/TN - HYBRID. In this role, you'll make an impact in the following ways: Provides quality service and support to internal and occasionally external clients on a daily basis, including monitoring collateral inflows from trade derivatives, facilitating delivery of collateral to appropriate investors and dealers. Handles routine problem resolution and works within well-defined parameters. Focuses on smaller, occasionally complex accounts. Monitors daily mark to market movement and manage daily margining by booking collateral movement. Dispute management Performing the 4 eye check for margining and portfolio reconciliation Liaises with counterpart and clients to manage daily margining and dispute issues Perform daily portfolio reconciliation for collateral trade position reconciliation Management and resolution of Collateral break Client reporting for collateral movements To be successful in this role, we're seeking the following: Bachelor's/Masters degree in finance or the equivalent combination of education and experience is required. 3-6 years' experience in Derivatives, collateral management or portfolio reconciliation functions Collateral margin experience is mandate Good understanding of derivatives markets and regulations and collateral function Professional level of verbal and written communication skills

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere. We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.