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December 17 2017

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Job Offer: General Graduate Opportunities- Cork:BNY Mellon

Job description:

General Graduate Opportunities- Cork

BNY Mellon

   » Cork
   » Negotiable
   » Permanent full-time
   » Updated 07/12/2017
   » Alison Foley this job is expired SaveSave Apply Now

Job detail

We are currently recruiting for a number of entry level positions in our Cork Office.

We are currently recruiting for a number of entry level positions across our Corporate Trust Function in the forms of Senior Trust Administrators. Please see below for further details:

The Senior Trust Administrator typically has prior Corporate Trust or related Financial Service practice and would often be responsible for training other less practiced Trust Administrators. The Senior Trust Administrator position requires a responsible individual to process key specialized and often complex functions while ensuring compliance with all Firm and Corporate Trust policies and preferred practices. The Senior Trust Administrator is expected to be the department's subject matter expert for a variety of processes and/or products and will report to a Team Leader. Some of the responsibilities include, but are not limited to, cash and trade processing, debt service payments, compliance monitoring and client service and communication. The Senior Trust Administrator should possess the capability to coordinate with all internal shared service partners, business managers, and external parties (as required). The position requires that the individual demonstrate a strong attention to detail, the capability to quickly identify and escalate problems, possess strong decision-making and organizational skills, and the capability to take initiatives and to communicate effectively with Client Service Managers, Workflow Specialist, Team Leaders, internal shared service partners and with internal and external clients.

GeneralThe main responsibilities are:

everyday Administration - processes may be and are not limited to:
   » Review everyday activity database, research and prepare responses as applicable.
   » Be the subject matter expert for one or more processes.
   » Manage high volume of accounts.
   » Assigned complex relationship and accounts requiring special handling.
   » Review internal operating accounts for receipt/transfer of funds and perform everyday account and cash reporting.
   » Monitor receipt and disbursement of funds.
   » Professional and timely handling of customer inquiries.
   » Liaison with support areas: Financial Management, Operations, Securities Clearing, Custody, DTC, Analytics, TMG, Sales, Asset Administration and others.
   » Update compliance reports.
   » Perform hypothetical scenarios for the collateral manager before GCS review.
   » everyday correspondence with, including but not limited to, the collateral manager, loan agents, swap counterparties, auditors, arrangers, rating agencies and investors.
   » Assist Client Service Managers with monthly report preparation, new deal closings, effective dates, interest payment dates, and other special events and projects.
   » File and submit of significant material for the preparation on the monthly/quarterly reports including trade tickets, invoices, rate resets, factor spreadsheets, waterfall workings, and signed checklist for review.
   » everyday cash reconciliation.
   » Authenticate and verify trade instructions.
   » Prepare, execute and monitor settlement investments.
   » Execute funds transfer from/to accounts.
   » everyday cash reconciliation of accounts.
   » Ensure that all processes are in conformity with the Firm and Corporate Trust policies and preferred practices.
Client Relationship Support:
   » Provide support in maintaining the client relationships.
   » Maintain a working expertise, as appropriate, of the accounts and applicable documents.
   » Ensure that inquiries, both internal and external, are addressed promptly.
   » Escalate issues and concerns.

   » Assist in mentoring and training staff.
   » Support key business processes.
   » Develop improvements to provide superior client service.
   » Monitor and review processes to mitigate risk.

Levelling Factors

Business Special Skills:

The Senior Trust Administrator should have a minimum of a year of Corporate Trust practice as well as practice in MS Office applications, such as Word, Excel, etc. Detail-oriented with capability to prioritize and organize workflow. Strong written and oral communication skills. Have a working expertise of the portfolio of accounts by working closely with the Workflow Specialist or Client Service Manager. Interface effectively with his/her Workflow Specialist and Team Leader to ensure compliance with both Firm and Corporate Trust policies and preferred practices, and to ensure client satisfaction.??????????

Problem Solving:

Problem solving scenarios will primarily pertain to the individual's capability to prioritize and organize assignments and critical tasks to ensure they are completed in conformity with the department's and Firm's parameters. This individual will need to know when an issue has to be escalated to the next level of management. The Senior Trust Administrator acts as a resource for the Trust Associate for issues/problem resolutions.

Nature & Area of Impact

This position is to support and is essential to the Client Service Manager arm of the businesses. The purpose of the specialized group is to support the everyday administration of the transactions. The quality and timeliness of service will directly impact the Client Service Manager and the Relationship/Sales Manager as well as the external clients' perception of the Firm.

Interaction/Interpersonal Skills

This position requires strong communication skills, both internal and external, in order to correctly and efficiently process client requests. The Senior Trust Administrator is expected to be the department's subject matter expert for a variety of processes and/or products. They will also interact everyday with Client Service Mangers, Relationship Managers, Team Leaders, and internal shared services: settlements, wire transfer group, debt service groups, Vault, Tax and KYC Utilities as well as external investment managers, brokers and clients.

Appropriate qualifications:
   » The Senior Trust Administrator should have strong written and oral communication skills.
   » The individual should be proficient in the Microsoft suite of applications (Word, Excel, etc.) and will be required to become expertiseable with applications such as TAS/ASP, IMMS/GSP, ACS, RDARS, OLOVR, Bondholder record keeping systems, DSE, FiRRe, ORION and other product specific applications.
Ref: 1708494CCC
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BNY Mellon



   » See job description for location
   » 642 8099


Job Category: Customer Service [ View All Customer Service Jobs ]
Language requirements:
Employment type:
Salary: Unspecified
Degree: Unspecified
Experience (year): Unspecified
Job Location: Cork
Company Type Employer
Post Date: 12/07/2017 / Viewed 11 times
Contact Information
Company: BNY Mellon

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