Assistant Vice President, OTC Derivatives Valuation

Assistant Vice President, Asset Servicing

• Middle Office

• OTC Derivatives Valuation

Bring your ideas. Make history.

BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital.

With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.

Team Overview:

The OTC Derivatives Lifecycle and Valuations team, an essential component of BNY Mellon's Asset Servicing Division, offers expert lifecycle, valuations, pricing, and analytics for OTC Derivatives to our diverse and prestigious clientele. As we continue to expand, we seek an AVP to join our team in Lake Mary, FL.

This position is designed for a professional who takes ownership of their work, drives process improvements, and thrives on the accuracy and precision of detailed analytical tasks.

Core Responsibilities:

• Leadership in Execution: Oversee and ensure the flawless execution of daily tasks associated with the lifecycle, valuation, analysis, and servicing of OTC Derivatives, reinforcing the team's commitment to precision and reliability.

• Operational Management: Act as the operational linchpin, expertly managing the execution of activities related to OTC Derivatives within the designated accounting systems and ensuring alignment with our high standards and practices.

• Risk and Control Ownership: Identify and mitigate risks by maintaining and refining control frameworks, ensuring our operations remain compliant and secure.

• Process Optimization: Drive continuous improvement initiatives, leading to marginal yet meaningful enhancements in our processes daily, thereby increasing efficiency and adding value to our client services.

• Client Engagement: Facilitate the onboarding of new clients and foster existing relationships, ensuring queries are handled with expertise and a client-centric approach.

Candidate Profile:

• A dynamic mid-level manager with a proven track record in the financial services industry, specifically within OTC Derivatives.

• A strong communicator with the ability to bridge senior leadership directives and analyst-level execution.

• An individual who embodies ownership of their responsibilities and is motivated by the pursuit of operational excellence.

Qualifications:

• Bachelor's degree in Accounting, Finance, Mathematics, or Statistics, with a Master's degree or CFA being advantageous.

• 3 - 5 years of experience in OTC Derivatives or complex securities valuations, with a clear understanding of the technical and functional aspects of the role.

• Proficiency with Microsoft Office suite, particularly Excel, Access, and VBA.

• Experience with process automation tools and analytics platforms such as PowerBI and Alteryx is highly desirable.

At BNY Mellon, our inclusive culture speaks for itself. Here's a few of our awards:

• Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion

• Bloomberg's Gender Equality Index (GEI)

• Best Places to Work for Disability Inclusion, Disability: IN - 100% score 

• 100 Best Workplaces for Innovators, Fast Company

• Human Rights Campaign Foundation, 100% score Corporate Equality Index

• CDP's Climate Change 'A List'

Our Benefits:

BNY Mellon 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 that can support you and your family through moments that matter.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.

Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.