Specialist, Reconciliation Representative I

About the role

We’re seeking a future team member for the role of Associate, Reconciliation Representative I to join our Fund and IS Client Ops team in Pittsburgh, PA.

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators and champions of inclusion, BNY is where bold ideas meet advanced technology and exceptional talent.

Responsibilities

• Perform analysis of reconciliations and, in some areas, serve in a lead capacity.
• Decipher complex exceptions between systems, clients, institutions, etc. for securities, cash, and/or derivatives; perform root-cause analysis on why exceptions exist.
• Process client accounts; review work performed by more junior levels.
• Analyze trends, enter reconciliation data, and ensure proper aging; assist junior staff in identifying more complex differences and escalate unidentifiable differences to more experienced support staff.
• Communicate complex break reports to internal groups or external correspondents and monitor resolution; assist in analyzing operational needs.
• Assist in daily, weekly, and monthly reporting using an understanding of the stock record and knowledge of basic accounting; assist with regulatory reporting.
• Participate in testing of new technology solutions or enhancements to ensure reconciliation processes remain intact.
• Interact with senior-level stakeholders in other groups to obtain feedback on issues or improvements.

Requirements

• High School/secondary school or equivalent combination of education and experience required; Bachelor’s degree preferred.
• 3–5 years of total work experience preferred.
• Experience in brokerage/banking operations preferred.
• Ability to decipher complex exceptions, conduct root-cause analysis, and communicate break reports; knowledge of stock record and basic accounting.

No direct reports; may serve in a lead capacity providing work guidance or review/approval oversight to lower-level peers.

Benefits

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide 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.

• Eligibility for an annual discretionary incentive award.
• 401(k) plan enrollment.
• Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and eligible dependents.
• Various paid time off benefits, such as vacation and sick time.

Pay

BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package.