BNY Recruitment Drive; Hiring Associate – Apply Now

Associate, Middle Office I Job Openings in Chennai 2025!!!

BNY announced job vacancy for the post of Associate, Middle Office I.The place of posting will be at Chennai.Candidates who have completed Graduate / Engineering / Post Graduate with Fresher / Experience are eligible to apply. More details about qualifications, job description and roles & responsibilities are as follows

At BNY, their culture allows us to run their company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, they influence nearly 20% of the world’s investible assets. Every day, their teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators and champions of inclusion, BNY is where bold ideas meet advanced technology and exceptional talent. Together, they power the future of finance – and this is what #LifeAtBNY is all about. Join them and be part of something extraordinary. They’re seeking a future team member for the role of Associate, Middle Office I to join their Middle office collateral team. This role is located in Chennai

Θ Positions: Associate, Middle Office I

Θ Job Location: Chennai

Θ Salary: As Per Company Norms

Θ Job Type: Full Time

Θ Requisition ID: 29732689

Roles and Responsibilities:

• 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
• 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

Required Skills & Qualifications:

• A Bachelor’s/master’s degree or the equivalent combination of education and experience is required.
• 2-3 years’ experience in Derivatives, collateral management or portfolio reconciliation functions
• Understanding of derivatives markets and regulations and basic level understanding of collateral function
• Professional level of verbal and written communication skills

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