Senior Specialist, Derivatives Support

About the role

You’ll make an impact by independently performing and reviewing daily OTC derivatives operational activities, investigating and resolving complex breaks or exceptions, supporting daily operational sign-off activities, acting as a subject-matter resource for Analysts, maintaining and enhancing process documentation, supporting onboarding of new clients, participating in UAT, enhancements, and process improvement initiatives, and building strong working relationships with partner teams.

Responsibilities

• Independently perform and review daily OTC derivatives operational activities, including trade capture, lifecycle processing, and reconciliations.
• Investigate and resolve complex breaks or exceptions, performing root-cause analysis and proposing preventative actions.
• Escalate material issues, delivery risks, or potential client impacts clearly and promptly.
• Support daily operational sign-off activities by ensuring deliverables meet quality, timeliness, and control standards.
• Act as a subject-matter resource for Analysts, providing guidance on processes, investigations, and control expectations.
• Maintain and enhance process documentation, control descriptions, and audit-ready evidence.
• Support onboarding of new clients, products, or strategies, including parallel runs and controlled go-live activities.
• Participate in UAT, enhancements, and process improvement initiatives, including automation or workflow changes.
• Build strong working relationships with partner teams including Fund Accounting, Middle Office, Pricing, Technology, and Client Service.

Requirements

• Solid experience in OTC derivatives operations within Fund Accounting, Middle Office, or a related environment.
• Strong understanding of derivative trade lifecycle events and reconciliations.
• Proven ability to operate independently in a production environment with accountability for outcomes.
• Strong risk and control mindset with sound judgement around escalation and issue ownership.
• Advanced MS Excel skills; experience with data analysis or ETL tools beneficial.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, Mathematics, or a related field.

Skills

• Advanced MS Excel skills.
• Data analysis or ETL tools experience (beneficial).

Benefits

Details of benefits will be provided if an employee receives an offer of employment. Benefits include access to flexible global resources and tools for your life’s journey, focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter. BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

Pay

The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting. Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience.

Schedule

Details of the schedule will be provided if an employee receives an offer of employment.