Pershing's Bank & Depository Balancing team is responsible for reconciling the firm's bank (check deposit, disbursement, FedWire, ACH, USD & currency) and depository (DTCC, custodian, international local market, Euroclear, security position) accounts. Exciting opportunity for operations professional with history of implementing process improvements that create scale, drive efficiency and enhance controls. TLM, mainframe, Excel, Access, SWIFT, BAI solutions employed. Reconciliation - Serves in a leading role in the day-to-day operations of a medium to large-sized Reconciliation support team, overseeing work direction and technical assistance on complex matters. Manages the daily activities of a Reconciliation support team and aligns team resources accordingly to complete the daily tasks. Oversees review of data and issue escalations. Serves as first line supervisor for assignment of tasks and resolution of issues. Directs, motivates and develops staff, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team. Ensures the volume of work produced meets product/service standards and exceeds quality standards, and is properly reviewed and documented. Responsible for monitoring the resolution of complex break reports. Manages escalation of issues. Provides oversight of daily, weekly and monthly reporting using an understanding of the stock record and knowledge of basic accounting. Coordinates initial regulatory reports. Is responsible for leading the testing of new technology solutions or enhancements, ensuring that reconciliation processes remain intact. Participates in the recruiting process. Instructs, assigns, directs and reviews the work of team. Contributes to performance reviews and provides ongoing feedback to staff. Leading role in a medium to large-sized team of Reconciliation Support staff. May be responsible for specific supervisory review and approval actions. Helps develop and contribute to the achievement of team objectives. High School/secondary school or the equivalent combination of education and experience is required. Qualifications Bachelors degree preferred. 7 plus years of total work experience preferred. Experience in brokerage/banking operations preferred. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.
Primary Location: United States-New Jersey-Jersey City Internal Jobcode: 70567 Job: Asset Servicing Organization: Pershing Domestic-HR06431 Requisition Number: 1906080
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.