Derivatives Settlements Analyst

Overview

The Derivatives Settlements Analyst plays a critical role in the Derivatives Settlements & Clearing team under the Markets Operations Group at BNY Mellon. This team serves as a central liaison between Derivatives Middle Office and the client. The role is responsible for the support of day to day settlement activities, portfolio/cashflow reconciliation, preparing GL entries, project management, and ad hoc requests from the multiple desks that we support. The team supports many different product types which include: Equities, Derivatives (Futures/Options & OTC), FX, and Swaps (Interest Rates/ FX Currency/Total Return). The incumbent must possess a strong Risk and Control mindset to help drive change and automation across process, procedure, controls, and IT architecture. The ideal candidate should have some experience in interest rate and FX basket swaps, CMS, and Equity Linked Asian Options with end to end knowledge of front to back flows as a plus but not required. The incumbent is required to possess 1) Strong communication/escalation skills 2) Intellectual curiosity to learn, question, adapt, and pivot 3) The ability to multi-task and prioritize.

Some responsibilities will include but not limited to:

• Dedicated support for the Corporate Trust business that holds a portfolio of Interest Rate and Equity Derivatives
• Reconcile various cashflow, positions or trades across various systems
• Perform research and investigation on trade breaks as it relates to cashflows differences between client and or custody
• Liaise between Middle Office, Clients or Bank Custody in order to settle trades and cash amounts in a timely manner
• Participate in any testing, conversions, UAT to enhance existing workflows or implement solutions with technology
• To be able to identify problems, work on a solution and escalate to the business any issues that arise.
• Assist in any adhoc projects as it relates to Operations or Front Office
• Cross train with rest of the team for resiliency

Qualifications:

Bachelor's degree or the equivalent combination of education and experience is required. 0-3 years of total work experience preferred. Experience in financial investments preferred. Experience using the following systems Treasury Edge, WSS is a plus and not a requirement.

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.

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: bnymellon.com/careers.

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.