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The Bank of New York Mellon Corporation

Specialist, Reconciliation II

Career Insights for Securities / Commodities Trader

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What they do

A Securities or Commodities Trader trades securities or commodities electronically or on a trade or auction floor such as a stock exchange. Securities include stocks and bonds; commodities include products such as oil, gold, or corn. Monitors financial markets and the performance and price of different securities. Negotiates prices and terms for a sale or trade.

$144,288 / year median in Pennsylvania

+7% projected growth

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Job Description

We're seeking a future team member for the role of Specialist, Reconciliation 2 to join our Managed Account Solutions team. This role is located in Berwyn, Pennsylvania In this role, you'll make an impact in the following ways:
  • Validate and process transactions in client accounts
  • Investigate and resolve all cash and position exceptions across accounts
  • Execute daily control tasks
  • Identify and resolve complex issues with custodians, banks, and brokers with minimal supervision To be successful in this role, we're seeking the following:
  • Bachelor's degree in business, finance, or related field preferred
  • 3-5 years' experience in a related capacity, preferably in institutional reconciliation
  • Experience with fixed-income securities is required
  • Experience with foreign securities and currencies is a plus
  • Exceptional organizational skills, ability to prioritize, and manage multiple tasks while maintaining a high level of quality