Associate, Trustee & Depositary
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 Associate, Trustee & Depositary to join our Trustee & Depositary team. This role is located in Pune, MH–HYBRID.
In this role, you'll make an impact in the following ways:
Possess in depth knowledge and understanding of Depository services and record keeping of fund's assets.
Responsible for monitoring and reviewing cashflows.
Responsible for maintaining an inventory of other assets which are not held in custodian.
Responsible for verifying and keeping track of ownership of other assets.
Responsible for out of bank reconciliation for other assets such as Derivatives instrument, Private Equity, Direct Property, Mutual funds, Money market instrument etc.
Responsible for validating and reconciliation of notional amount/share par of other assets are up to date and accurate.
Responsible for reconciliation of cash/assets of other asset instrument not held at custody and resulting breaks are investigate/escalated and follow up to conclusion.
Periodic review of standard operating process ("SOP") document and highlighting necessary changes required to senior member.
Coordinating with both internal and external stakeholders or clients to gather, disseminate, and resolve basic information about fund transactions.
Interacts with Onshore parties in answering questions and resolving inquiries.
Assisting in resolving queries/technical issues where appropriate.
Escalates complex transaction to senior team members.
Contributes to the achievement of team objectives.
Knowledge of Nexen, Invest One, Geneva platform is an advantage.
To be successful in this role, we're seeking the following:
Bachelor's degree or the equivalent combination of education and experience is required.
Overall 3+ years of experience and 1-2 years of experience in cash reconciliation is preferred.
Experience in the financial industry is preferred.
Effective written and oral communication skills with a proven ability to communicate with onshore and team members.
Attention to detail, good organizational skills and the ability to prioritize to meet stringent demands and deadlines.
Excellent technical and numerical skills with accurate data analysis and checking of work.
Quick to develop new skills and a proactive approach towards learning and training.
Able to work in flexible shift timings.
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.