Senior Associate, Middle Office Team Lead

The Senior Associate, Middle Office Team Lead at BNY is responsible for providing accounting and trading support for funds of moderate complexity. They perform critical controls around trade capture, such as Trade Confirmation and T+1 reconciliations, while also setting up and amending static data on various platforms. Additionally, the role involves reviewing and distributing reports to different teams, including the Trading desk and Credit & Market risk, and assisting with onboarding new trading products and system testing.

To excel in the Senior Associate, Middle Office Team Lead position at BNY, candidates ideally should have a bachelor's degree or equivalent experience, along with 1-2 years of work experience in a trade support role. A basic understanding of fixed income products, including bonds and interest rate swaps, is preferred, enhancing your ability to effectively contribute to the team's objectives.

At BNY, being a Senior Associate, Middle Office Team Lead offers significant growth opportunities within a leading global financial services company. You’ll gain valuable experience in capital markets and develop your skills in trade support, potentially leading to advancement positions in the company. BNY also emphasizes a culture of learning and development, providing resources to foster your career growth.

BNY truly values its employees' wellbeing. As a Senior Associate, Middle Office Team Lead, you can expect competitive compensation and a robust benefits package that includes generous paid leaves, including volunteer time. BNY's focus on health and resilience ensures you have access to flexible global resources to help you manage your life's journey effectively.

The culture at BNY is one of empowerment and innovation. As a Senior Associate, Middle Office Team Lead, you will be part of an inclusive environment where diverse perspectives are celebrated. BNY has received numerous awards for its workplace culture, emphasizing its commitments to equality, sustainability, and making a positive impact in the communities they serve.

When answering this question, provide specific examples from your past roles where you successfully supported trade operations. Highlight your familiarity with trade capture processes, reconciliation methods, and how you managed communications with trading desks and other teams.

Discuss your approach to ensuring accuracy in trade reconciliations, emphasizing detail orientation and diligent processes. Mention any software tools you’ve used and how you collaborate with team members to mitigate discrepancies.

Provide a specific example of a challenge you encountered, such as a discrepancy in trade data, and discuss the steps you took to resolve it. Focus on your problem-solving skills and proactive communication.

Share your knowledge of fixed-income products, detailing any direct experience you have with bonds or interest rate swaps. Discuss how you supported trading activities related to these products.

Explain your method for prioritizing tasks effectively. You could mention using tools like to-do lists or methods such as the Eisenhower Box to categorize tasks based on urgency and importance.

List any relevant software applications you're skilled at, such as Bloomberg or other trading platforms, and explain how they've helped you execute tasks efficiently within trade support roles.

Discuss your approach to onboarding new trading products, including gathering necessary information, conducting system testing, and collaborating with team members to ensure a smooth transition.

Share strategies you have applied for maintaining clear and effective communication with the trading desk. You might address the importance of regular updates, clarity in reporting, and responsiveness to inquiries.

Express your passion for finance and how BNY’s values align with your professional goals. Highlight aspects of their culture and recognition as an innovative company that excite you about contributing to their mission.

Outline your commitment to professional development, mentioning the industry publications you read, webinars you attend, or any relevant continuing education courses, to stay informed about trends in capital markets.