2024 Singapore Junior Placement Program - Bank of New York

Description

BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the 'bank of banks' - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital.

With over 239years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what#LifeAtBNYMellonis all about.

In this role, you will contribute and make an impact with our Operations Team.

Details about the Operations Team

Operations joins key areas into a single global team to better support the company's businesses and serve clients across the world. Operations manages investment monitoring, measurement, and processing services for our clients.

• Completion of accounting activities for a legal entity, line of business, regional or accounting process. Research and analyses related to financial performance and accounting issues.
• Provide accounting and trading support activities. Performs reviews and documents processed from across the Bank to confirm compliance with established practices.
• Interact with stakeholders in Front Office, Operations and Technology to ensure alignment on key priorities, control framework standards and visibility over pipeline projects and associated changes.
• Participate in new product development, design of enhancements and system testing
• Analysis to produce financial data for use in short-term and strategic planning and reporting. Deciphers financial information in support of business, corporate function, or region.
• Support operations and assist organization reach their top productivity levels through delivery of operational and financial objectives.
• Supports more complex client onboarding/transition/conversion projects through a diverse set of operational activities.
• Prepares basic and more detailed risk profiles for clients and conducts periodic reviews of client profiles for renewal.
• Applies expertise and judgement in providing quality client service and support to clients daily, including phone interaction, problem resolution, transaction processing, reconciliations, and updates to client accounts in a timely manner.
• Execution of mandatory and voluntary corporate action-related custody, processing liability notices, allocating dividend/interest payments, and processing class action suits.
• Provide pre-execution and post-execution support to Sales and Trading desks. Handle post-execution lifecycle activities including Trade Confirmation, Settlement and Investigations.
• Lead automation of manual processes to enhance accuracy and efficiency. Compile and distribute metrics and management information for reporting.

Program Eligibility/Qualifications:

• Enrolment in polytechnic diploma program with a strong focus on business, banking or finance related studies.
• Minimum cumulative GPA of 3.0 or better
• Proficient in Microsoft office.

At BNY Mellon, our inclusive culture speaks for itself. Here's a few of our awards:

• Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion
• Bloomberg's Gender Equality Index (GEI)
• Human Rights Campaign Foundation, 100% score Corporate Equality Index
• , Disability: IN - 100% score
• 100 Best Workplaces for Innovators, Fast Company
• CDP's Climate Change 'A List'

Our Benefits:

BNY Mellon 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 that can support you and your family through moments that matter.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.

Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.