Sr Associate Fixed Income Rates Middle Office
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 welcome you to apply! When applying to this general posting, our expert BNY Talent Acquisition Team may also review your resume for consideration across other open roles within the company.
We’re seeking future team members for our Markets Operations with roles located in Lake Mary, FL in Hybrid positions.
The Middle Office Trade Support team plays a critical role in the Middle Office Operations department within The Markets Operations Group at BNY. This team serves as a central liaison to the front office and is responsible for the mitigation of risk in support of day-to-day trading activities, life cycle events, PNL review, reconciliations, regulatory/compliance support, project management, and ad hoc requests from the multiple desks that we support. The team supports the following product types: Mortgages, TBAs, Treasuries, Agencies, and Futures. The candidate will provide proactive assessment and resolution of complex issues on behalf of the trading desk, working across Infrastructure and external contacts to address and as point of escalation to management as warranted.
You’ll make an impact in the following ways:
- Collaborate with operations teams, trading desks and technology to identify and implement strategic improvements.
- Assist with the implementation of industry initiatives and internal operational efficiencies.
- Perform ad-hoc requests, support and analysis.
- Document and Challenge Key Operating Procedures (policies and procedures) ensuring comprehensive final version that includes concise verbiage and consistent format as well as ensuring compliance to policies and establishing a control environment drive to mitigate operational risk.
- Exercise own judgement and collaborate with multiple internal and external stakeholders to properly escalate and work to resolve issues.
- Regularly interact with clients in answering questions and resolving multifaceted inquiries.
- You’ll work to become an SME and understand the daily responsibilities to foster an inclusive and highly fungible team across all its functions
To be successful, we’re seeking interest in the follow areas:
- Bachelor’s degree in finance or the equivalent combination of education and experience is required.
- 3-5 years of total relevant work experience preferred. FINRA Series 99 license preferred.
- Experience in trade processing front to back, risk and control, markets, operations, and support & control areas within a Broker Dealer / Major Institution.
- Understanding of Fixed Income products and their respective matching, settlement, and clearing processes via FICC/non-FICC client.
- Understanding of various Fixed Income Products, Bilateral and Triparty Repos, and product lifecycle events.
- Ability to prioritize, lead discussions, multitask and coordinate objectives among a diversified group of stakeholders.
- Self-motivated with a strong sense of ownership and accountability for tasks.
- Strong communication skills.
- Risk and control focused.
- Track & troubleshoot complex issues and drive solutions.
- Proactive & solutions-oriented; innovative and intellectually curious.
At BNY, our culture speaks for itself. Here’s a few of our awards:
- America’s Most Innovative Companies, Fortune, 2024
- World’s Most Admired Companies, Fortune 2024
- Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
- Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
- “Most Just Companies”, Just Capital and CNBC, 2024
- Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
- Bloomberg’s Gender Equality Index (GEI), 2023
Our Benefits and Rewards:
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. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.
