Associate, Trading Services Representative I

Associate, Trading Services Representative I

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 240 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 ofAssociate, Trading Services Representative Ito join our Derivative Operations team. This role is located in Pune, Maharashtra.

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

• Ensure an oversight on timely settlement of all derivative trades. Look into daily processes to monitor trade affirmation/confirmation process and communicate with counterparties as and when required. Escalate aged items related to confirmations/cash escalations with CPTY, brokers & RM's for unconfirmed & pending settlements.
• Cash & Overdraft Management for INSIGHT accounts. Perform daily checks to escalate issues & propose cash adjustments. Manage sensitive client overdraft and escalations to ensure no aging for these accounts.
• Review Reconciliation reports from NT for any discrepancies between Custody, Insight & Northern trust. Escalate and resolve the same by liaising with internal/ external parties to the issue.
• ETD matching on Traiana, build robust communication with Executing & Clearing brokers to derive 100% matching rates on T0.
• Understand collateral management and support dispute management process as and when required.

To be successful in this role, we're seeking the following:

• Minimum 3 to 4 years of experience in Derivative Operations
• Excellent academics with degree from reputed institute.
• Good understanding of derivatives -OTC's /ETD including IRS, Inflation, CDS and Equity swaps
• Strong interpersonal skills required to enable the individual to effectively resolve issues in a timely manner. It is quicker to speak to someone if possible or at least to use a phone rather than resort to email or instant messenger chats. Having the ability to articulate you in groups so as to be understood is therefore key to the success of business. Proactive and flexible approach, an individual who will use their skills and experience to fully develop the role.
• Operates with professionalism, honesty, and integrity always.

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, 2023
• Bloomberg's Gender Equality Index (GEI), 2023
• Human Rights Campaign Foundation, Corporate Equality Index, 2023
• , Disability: IN - 100% score, 2023
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2023
• Forbes Blockchain 50, 2023

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.

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.