Overview Of BNY Mellon :
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 and wealth management and investment services in 35 countries.
As of March 31, , BNY Mellon had $41.7 trillion in assets under custody and / or administration, and $2.2 trillion in assets under management.
BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments.
BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE : BK). Additional information is available on .
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Under the direction of the Team Manager, the The Senior Lead Analyst is responsible for acting as daily contact person for designated clients / KVGs.
The role is responsible for processing, T&D services to clients / KVGs to ensure delivery of correct regulation controls to clients / KVGs.
The Senior Lead Analyst supports the Team Manager and other team members in ensuring that all controls and procedures being performed as well as helping to ensure that service levels meet and exceed client / KVG regulatory and legal requirements.
The position requires good knowledge of T&D (Depotbank) convention and techniques,very good understanding of Investment Compliance, workflows, procedures and controls and quality standards, good understanding of custody and cash setups as well as a solid understanding of the client / KVG legal and market requirements.
In addition to this, a sound knowledge of BNYM custody and accounting systems is required or subject to self-educated learning via BNYM's MyLearning environment.
The Lead Analyst closely interacts with the Team Manager in terms of processing and accounting issues if required, problem resolution status and internal service delivery status as well as recurring issues that require management follow up.
In the absence of the Team Manager, the Senior Lead Analyst may be designated to assume day to day and technical responsibilities.
The Senior Lead Analyst will be represented by another team member, in the event of an absence. Close interaction is required to ensure knowledge transfer of functional operations responsibilities organization the day-to-day business and client specific requirements prior to absences.
The Senior Lead Analyst will be required to execute the following tasks within the Depotbank department. They shall be executed within the guidelines and procedures provided by BNYM and under the supervision and guidance of a Fund Accounting Supervisor and Fund Accounting Manager.
Reconciliation, manual capturing of trades, as well as processing corporate actions are an integral part of the Senior Lead Analyst role.
They will be required to perform these core tasks accurately and in a timely and efficient manner. Every Senior Lead Analyst will receive the requisite Induction Training in addition to both compulsory training (AML / Information Risk) and optional training.
Additional, client-specific training will be provided by the Supervisor.
The below list is not finite and may be added to. The combination of tasks required to be executed will vary depending on client structure, client requirements and business needs.
German Investment Compliance duties
Settlement of check deposits from Class Actions
Set Up and control of fee models in Xentis
Transfer Agency transactions special funds (subscription / redemption)
Processing give-up bills
Processing call money / time deposits
Processing of fund Events
Calculation and delivery of the Depotbank Fee and other charges to Billing Team
Creating of respective daily and weekly reconciliations TA-Lux vs. Custodian Frankfurt
Control of fund static data
Price control of all Transfer Agency Business sales on the basis of price sheets & from WM database
Preparing and sending the daily Transfer Agency Business sales
Monitoring payments, monitoring overdue income, respond on queries by the client, documentation and archiving
Develop and maintain an understanding of the client / KVG business and market requirements
Respond to all client / KVG and BNYM in-house requests in a timely manner
Direct communication to asset managers, investors, service providers and several KVGs
Creation, documentation and optimization of own workflows and processes
Preparation of the relevant documentation for external and internal audit in close cooperation with other senior team members and / or team lead
Perform and reviews daily / periodic controls as required or assigned
Ensuring that daily work flows, procedures and controls are effectively executed in a timely manner
Interaction with other BNY Departments (internal and external)
Support Team Manager in improving work flows in accordance with BNY procedures and controls, legal requirements and client / KVG requirements.
Monitors area for risk and minimizes potential loss and exposure
Participate in special projects as required
On boarding and training of new employees
Actively analyses processes, and in conjunction with the other parties involved, works to improve processes, making them as efficient as possible
Communicates with the Team Manager for resolution of complex business and operating issues
Keep informed of internal and external developments which could affect client / KVG services operations
Quality assurance standards development and implementation
Coordination of activities over Depotbank teams and other BNYM departments
Creation, documentation and optimization of workflows and processes
Coordination and process of customer inquiries
Bank or business education with specialization and experience in fund accounting within Depotbank and / or KVG
Proven experience with standard Microsoft Office applications (particularly Excel and Word, Access & VBA is a plus)
Significant work experience (>
Significant experience in a Financial Services or Accounting or investment administration environment
Significant knowledge of instrument characteristics and settlement processes for the following asset classes : securities, derivatives, foreign exchanges and OTCs (i.e. Swaps, CDS)
Significant understanding / experience with Options, Swaps, Structured Products and Security Lending is a plus
Self-Driven and responsible person to fully complete assigned tasks
Act as role model for other team members and execute best practice
Eager to attain the knowledge of relevant products and business processes
Good communicator and Team playing spirit is a must
Open minded approach to understand Fund Accounting related processes to be able to understand how your job will impact clients and other departments of the company
Frame of mind focused on productivity; willingness to take more duties, expand team
Preferred to have Process Improvement experiences / skills, e.g. to design / establish new detailed processes, Documentation skills, e.g. procedures / manual
Strong Risk Control : monitoring and adhering legal and compliance responsibilities
Good written / verbal English and German skills