Associate, Middle Office I

Year    Chennai, Tamil Nadu, India

Job Description


:Associate, Middle Office IAt BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the worldxe2x80x99s financial system we touch nearly 20% of the worldxe2x80x99s 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. Wexe2x80x99re seeking a future team member for the role of Associate, Middle Office I to join our Middle Office team. This role is located in Pune/Maharashtra -Hybrid.In this role, youxe2x80x99ll make an impact in the following ways:Corporate Actions - IC1Responsible for mandatory and voluntary corporate actions custody functions for all organizational accounts.Receives guidance from more experienced staff. With guidance from more senior staff, responsible for processing basic mandatory and voluntary corporate action events (including the daily interpretation, monitoring, scrubbing and notification of corporate action events), processing liability notices, processing and allocating dividend interest payments and processing class action suits. Reconciles, monitors and posts entitlements to client accounts.Responsible for daily and monthly outlier review, research and documentation. Responsible for performing daily reconciliations for cash, security and suspense transactions as well as adhering to established quality control measures and procedures.Responsible for researching and responding to inquiries from internal business groups, depositories, agents, brokers, clients, Investment Managers, sub custodians and/or custodians.Works on multiple systems to perform corporate action processing, including creating and scrubbing announcements, sending client instructions to third parties, and, posting online cash and security transactions..To be successful in this role, wexe2x80x99re seeking the following:3-5 years of total work experience is preferred.Experience in brokerage processing is preferred.Contributes to the achievement of team objectives.At BNY, our culture speaks for itself. Herexe2x80x99s a few of our awards:

  • Americaxe2x80x99s Most Innovative Companies, Fortune, 2024
  • Worldxe2x80x99s Most Admired Companies, Fortune 2024
  • Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
, Disability: IN xe2x80x93 100% score, 2023-2024 * xe2x80x9cMost Just Companiesxe2x80x9d, Just Capital and CNBC, 2024
  • Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
  • Bloombergxe2x80x99s 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 lifexe2x80x99s 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

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Job Detail

  • Job Id
    JD3561699
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Chennai, Tamil Nadu, India
  • Education
    Not mentioned
  • Experience
    Year