The Bank Of New York Mellon Pittsburgh , PA 15201
Posted 1 week ago
Associate, Collateral Management/Margins Representative, Middle Office~ (Hybrid)
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 to join as an Associate, Collateral Management/Margins Representative. This role is located in Lake Mary, FL or Pittsburgh, PA and is a Hybrid position.
In this role, you'll make an impact in the following ways:
Provides quality service and support to internal and external clients on a daily basis, including monitoring collateral inflows from trade derivatives, facilitating delivery of collateral to appropriate investors and dealers.
Focuses on moderately-sized, complex accounts.
Monitors market movements and processes additions or removals of collateral to or from deals. Confirms trade terms and details.
May serve as the intermediary for a trade or provide post-execution trade support and communicate with counter parties (traders, etc.).
Sets up medium-sized client accounts, maintains, prepares and reviews client statements.
Trains entry level staff and instructs on performance improvements.
Responsibilities are primarily limited to own fulfilment of role requirements but also include providing training and guidance to entry level staff.
To be successful in this role, we're seeking the following:
High school/secondary school or the equivalent combination of education and experience is required.
Bachelors degree preferred.
3-5 years of total work experience is preferred.
Experience in brokerage processing is preferred.
Applicable local/regional licenses or certifications as required by the business.
At BNY, our culture speaks for itself. Here's a few of our awards:
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.
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.
The Bank Of New York Mellon