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Intermediate Representative, Client Processing (On site) - BNY Mellon

Date Posted: Jun 29, 2024
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Job Detail

  • Location:
    Chennai, Tamil Nadu, India
  • Company:
    BNY Mellon
  • Type:
    Full Time/Permanent
  • Shift:
    No
  • Career Level:
    No
  • Positions:
    No
  • Experience:
    1 Year
  • Gender:
    No Preference
  • Degree:
    Bachelors
  • Apply Before:
    Jul 27, 2024
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Job Description

Overview
Intermediate Representative, Client Processing
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 Client Processing Intermediate Representative to join our BUSINESS SEGMENT OR CORPORATE ORGANIZATION team. This role is located in Pune, MH - HYBRID.
Shift Timings: US (8.30 pm to 5 am)
In this role, you'll make an impact in the following ways:
  • Client Processing - Applies expertise and judgement in providing quality, and occasionally complex client service and support to internal and external clients on a daily basis, including phone interaction, problem resolution, transaction processing (i.e., STP, manual), reconciliations and accounting services, and updates to client accounts in a timely manner.
  • Having a good understanding of Loan Lifecycle management with a hand on experience on Rollover, Interest payment, Fees Payment, Drawdowns and other loan lifecycle activities.
  • Functional expertise in WSO, AFS, LIQ, ACBS or any other Loans platform
  • Good reconciliation experience along with client/customer query handling
  • Worked on Syndicated/agency/bilateral deals along with good exposure in CLO/CDO loans.
  • Performs a variety of operational tasks in a product or functional area, including processing updates to client accounts or company records and interpreting and handling exceptions. Investigates and corrects errors in client accounts.
  • Conducts independent analysis and policy interpretation. Responsible for reconciliations, including reconciling cash breaks, position differences, and gathering and compiling data. Serves as the primary point of contact for clients and executes all correspondent requisites in a timely and accurate manner with an understanding of the underlying business and specific client needs.
  • Maintains correspondent accounts in accordance with applicable regulations and policies, ensuring regulatory compliance and minimizing exposure related to assigned processing tasks.
  • Accurately opens and updates accounts or company records. Works closely with technology and systems teams to ensure the system is efficient and incorporates any necessary risk mitigations.
  • Provides product knowledge, market nuances and requirements and technical assistance, as necessary. May review and check work of other Client Processing Support staff and help resolve escalated issues. No direct reports.
  • Provides guidance to less experienced Client Processing Support staff, as needed. Responsible for the quality and completion of own work.
To be successful in this role, we're seeking the following:
  • Bachelor's degree.
  • 1.5-3 years of total work experience required.
  • Prior experience of handling CDO/ CLO, Middle Market loans, Asset Servicing
  • Experience in cash reconciliation
  • Bloomberg's Gender Equality Index (GEI)
  • Human Rights Campaign Foundation, 100% score Corporate Equality Index
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.
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.
Job ID 55221
ABOUT COMPANY
BNY
New York, United States
53400 Employees Investment Banking / M & A
Established in 1784, BNY is America's oldest bank and the first company listed on the New York Stock Exchange (NYSE: BK). Today, BNY powers capital ma...

Benefits

  • Paid time off

Skills Required

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Company Overview

BNY Mellon
, India
0 Current Jobs Openings

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while dedicated to helping clients manage and service their financial assets throughout the investment lifecycle. As a global investme... Read More

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