ETD Clearing Broker Reconciliation Clerk
ETD Clearing Broker Reconciliation Clerk - Derivatives (Job Number: 1309623)
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 36 countries and more than 100 markets. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. Additional information is available at www.bnymellon.com .
BNY Mellon Asset Servicing is dedicated to dynamically supporting our clients' investments and safeguarding their assets, keeping them working around the clock and across the world. It's part of our commitment to being a true partner for our clients' investment success. We specialize in operational solutions and capabilities for today's market-enhancing the management and administration of investments with services that process, monitor and measure investment data from around the world. By leveraging BNY Mellon's global footprint and deep expertise, we deliver insight-driven solutions for every phase of investing.
Description
The incumbent will be responsible for daily reconciliation of ETD positions and Open Trade Equity with Clearing Brokers. This includes investigation of reconciliation breaks through to resolution and agreement and instruction of margin movements. The incumbent ensures all SLAs are met and delivering the agreed service to the client.
The incumbent should have a broad knowledge of ETD derivative products and processes and understand the Clearing process. As the role involves client contact, there is a direct impact on the client relationship as well as the relationship of DSG with other internal departments, in addition to market counterparties. The incumbent forms part of the ETD team and therefore will need good interpersonal skills to work as a team.
Qualifications
A Bachelor s degree in Business, Finance, or Accounting or equivalent work experience in investments or banking is required.
A Derivatives background is preferred.
Minimum of 2 to 3 years combined experience as a Derivative Operations Specialist l and / or Specialist II, or similar related work experience required.
Strong customer service and communication skills are required.
Knowledge and understanding of the derivatives industry, the players, foreign exchange markets, and settlement practices in domestic and foreign markets is required.
Ability to work in a team environment, or individually, and deal effectively with all levels of staff is essential.
Primary Location: Manchester, Manchester, GB
Internal Jobcode: 07685
Job: Asset Servicing
Organization: US Financial Institutions-HR09086
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