Associate, Middle Office Ii

Associate, Middle Office II
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 for the role of Associate, Middle Office II to join our Middle office collateral team. This role is located in Pune/ Chennai, MH/TN - HYBRID.
In this role, you'll make an impact in the following ways: 
Provides quality service and support to internal and occasionally external clients on a daily basis, including monitoring collateral inflows from trade derivatives, facilitating delivery of collateral to appropriate investors and dealers. Handles routine problem resolution and works within well-defined parameters. Focuses on smaller, occasionally complex accounts. 
Monitors daily mark to market movement and manage daily margining by booking collateral movement.
Dispute management
Performing the 4 eye check for margining and portfolio reconciliation 
Liaises with counterpart and clients to manage daily margining and dispute issues 
Perform daily portfolio reconciliation for collateral trade position reconciliation 
Management and resolution of Collateral break
Client reporting for collateral movements

To be successful in this role, we're seeking the following: 
Bachelor's/Masters degree in finance or the equivalent combination of education and experience is required.
3-6 years' experience in Derivatives, collateral management or portfolio reconciliation functions
Collateral margin experience is mandate
Good understanding of derivatives markets and regulations and collateral function
Professional level of verbal and written communication skills 

At BNY, our culture speaks for itself. Here's a few of our awards: 
America's Most Innovative Companies, Fortune, 2024
World's Most Admired Companies, Fortune 2024
Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024
"Most Just Companies", Just Capital and CNBC, 2024
Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
Bloomberg's 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 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.