Specialist, Trading Services II at BNY Mellon

In this role, you’ll make an impact in the following ways:

• Support the front-office transaction management and investment team in closing and maintaining private loan and note/bond transactions across a global investment platform.
• Manage security setup, static data, broker setup, and key security-level analytics such as credit ratings, duration, and yields.
• Oversee account-level cash management, including funding for settlements, investigating overdrafts or discrepancies, and resolving issues with internal and external teams.
• Monitor private and illiquid deals, including covenant tracking, review of issuer/servicer reports, and highlighting underperformance or discrepancies.
• Maintain accurate deal terms, support ad-hoc reporting, and assist investment committees with transaction-related information.
• Coordinate with outsourced providers, custodians, and depositaries, and support service review and relationship management activities.
• Identify process improvement opportunities, support project implementation, and contribute as an SME for testing and new initiatives.
• Set up assets for traders, reconcile holdings, manage interest and principal payments, and ensure accuracy of portfolio holdings, accruals, and risk metrics.
• Liaise with portfolio managers, fund managers, and analysts to resolve funding issues and support transaction management activities.

To be successful in this role, we’re seeking the following:

• Bachelor's degree required.
• Background credit knowledge / understanding of securitization structures, structured finance, ABL financing preferred.
• Ability to think proactively / understand broader implications of credit
• Varied experience delivering process and/or technology change.
• Understand operational and regulatory risk, while being commercially aware of costs to mitigate.
• Stakeholder management; including Legal, Compliance, Distribution, Technology.
• Ability to work collaboratively across multiple levels and functions in the firm.
• Strong excel skills highly desirable