Entry Level Opportunities - BNY Mellon Cork

Overview Of BNY Mellon:
BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team.

Description: 

The Administrator role will involve on-the job-training and migration among various teams within BNY Mellon in order to develop & acquire knowledge from various teams with sole purpose to understand the structure of the end-to-end process of Fund Accounting and related fields.

Job Purpose:

The duties and tasks you may expect to learn and be responsible for (among others) in those various teams are as follows:

• The timely and accurate preparation and calculation of all areas of Centralised Expense process: from the initial preparation of the budget to the final processing of payments and adjustments in accordance with BNY Mellon standard procedures.
• Daily reconciliation of trades and cash positions, trade bookings & cash reporting.
• Assistance in the completion of net asset values (NAVs) for client funds in accordance with BNY Mellon standard operating procedures
• Preparation of cash and asset reconciliations and perform price tolerance checks
• Understanding & reviewing the terms of all derivatives contracts in order to accurately record these products on internal Accounting Systems.
• Monitoring the lifecycle of the derivatives & ensuring rates are updated, cash settlements are reconciled to Custody and positions are reconciled to the Counterparty
• Trade execution and order management, trade confirmation processing, trade reconciliation and settlement, portfolio pricing, position and P&L valuation
• Creation and delivery of daily standard client reporting with SAP Business Objects 
• Reviewing and ensuring that all tax deliverables, operational and first tax quality assurance related tasks are performed in accordance with new laws and regulations
• On-boarding of clients at BNY Mellon and ensuring the correct tax service and reporting is applied
• Providing clear, complete and accurate answers to Money Transfer related queries with specific focus on root cause  

Requirements:

We are looking for students, graduates (from various faculties) and professionals who want to develop their knowledge in the area of finance. 

• Fluency in English (speaking and writing)
• BA or MA degree (from various faculties)
• Proficiency with MS Office & PC literacy
• Interest in, and a basic knowledge of, financial markets
• Ability to focus on accuracy and timeliness
• Active, communicative and able to work well in a team
• Organisational, inter-personal and communication skills
• Ability to prioritise, multi-task and work under time pressure
• Motivated to acquire knowledge, develop and advance

What we offer:

• Excellent opportunities for training, growth and professional development
• Opportunity to understand the structure of the end-to-end process of Fund Accounting and related fields
• Opportunities to engage in diverse projects due to growth of business migrations
• A multitude of opportunities to get involved in additional projects
• A collaborative culture and great teams
• A supportive, open and inclusive working environment
• Job security with many opportunities for growth in a well-known company
• Challenging work
• Competitive pay
• Private medical cover and group life insurance
• Sports, social and charity events
• Opportunities to engage with BNY Mellon team members across multiple disciplines

BNY Mellon is an Equal Employment Opportunity Employer. 

For more information, and to apply , please visit our website via the button below.