About this role
At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.
Senior Specialist, Reconciliation
The Managed Accounts Solutions team is looking for a Senior Specialist, Reconciliation The role is based in Berwyn, Pennsylvania. 4 days in office per week.
Responsibilities
- Investigate and resolve discrepancies related to cash and securities for Retail SMA accounts in a timely and accurate manner.
- Partner with internal and external stakeholders, including Trading, Corporate Actions, New Accounts, and Client Services teams, to research and resolve reconciliation breaks.
- Ensure accurate trade allocations and bookings across multiple asset classes.
- Coordinate with internal and external trading teams to maintain comprehensive and efficient reconciliation processes.
- Perform daily and periodic reconciliations to validate data integrity and account accuracy.
- Escalate and document unresolved issues promptly while maintaining strong communication with impacted teams.
- Support process improvements and automation initiatives aimed at reducing reconciliation exceptions.
Qualifications
- Bachelor’s degree in a related discipline or the equivalent combination of education and experience is required
- 5-7 years of total work experience preferred
- Strong knowledge of equity and fixed income products within an asset management environment.
- Proven ability to work effectively in a fast-paced setting while meeting tight deadlines.
- Exceptional attention to detail and analytical problem-solving skills.
- Strong communication and collaboration abilities when working across multiple business lines.