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    Associate, Reconciliation Representative I - Lake Mary, United States - BNY Mellon

    BNY Mellon
    BNY Mellon Lake Mary, United States

    3 weeks ago

    BNY Mellon background
    Description

    Overview

    Associate, Reconciliations

    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 239 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.

    We're seeking a future team member for the role of Associate, Reconciliation to join our Reconciliations Team. This role is located in Lake Mary, FL – HYBRID.

    In this role, you will make an impact in the following ways:

    • Performs analysis of reconciliations, or in some areas of the organization may serve in a lead capacity.
    • Deciphers complex exceptions between systems, clients, institutions, etc. for securities, cash and/or derivatives.
    • Processes client accounts.
    • Deciphers complex exceptions, performing root-cause analysis on why exceptions exist.
    • Analyzes trends, enters reconciliation data and ensures proper aging.
    • Assists more junior level support staff in identifying more complex differences.
    • Escalates any unidentifiable differences to more experienced support staff.
    • Communicates complex break reports to either internal groups within the firm or correspondents outside the firm.
    • Monitors resolution.
    • Assists in analyzing operational needs.
    • Assists in daily, weekly and monthly reporting using an understanding of the stock record and knowledge of basic accounting.
    • Assists with regulatory reporting.
    • May participate in testing of new technology solutions or enhancements ensuring that reconciliation processes remain intact.
    • May interact with those at a senior level in other groups to obtain feedback on issues or improvements.

    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 preferred.
    • Experience in brokerage/banking operations preferred.

    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'
    • Forbes Blockchain 50

    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 - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

    Employer Description:

    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 and 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:

    EEO Statement:

    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.


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