BNY

Associate, Network Management II

Job Location

mangalwar-peth, India

Job Description

Associate Network Management II At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000 employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere. We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what LifeAtBNY is all about. We’re seeking a future team member for the role of Associate, Network Management II to join our Global Network Management team. This role is located in Pune, India – ONSITE/HYBRID Shift timings – 1pm to 9.30pm (IST) Team Overview – The Global Network Management team manages BNY Mellon’s network of sub custodian and cash correspondent bank relationships across more than 100 markets, delivering market insights to clients, selecting, and appointing new relationships, monitoring regulatory compliance of the existing network, and advocating with market players for international best practices and market changes. Amongst its major duties, the Analyst role within Global Network Management will assist the Governance, Control & MI team in the tracking and execution of the oversight framework as well as maintain compliance trackers, documentation repositories and appropriate controls. In this role, you’ll make an impact in the following ways: Maintenance of the Global Network Management Golden Source & Due Diligence repositories, ensuring a robust control environment is always perpetuated with a continuous focus on the department, and the firm’s, regulatory obligations. Monitor and analyze key milestones associated with the execution of Global Network Management’s cash and custody due diligence frameworks. Be the main point of contact with service providers related to the issuance of due diligence questionnaires and administration of service providers’ user profiles within the Global Network Management SubHub application. Work with service providers to ensure core due diligence records are collated and tracked in an accurate and timely manner. Works collaboratively with internal stakeholders both across and beyond the Global Network Management function to ensure required approvals are collated and tracked in an accurate and timely manner. Development, production, and enhancement of existing Management Information. Usage, development and enhancement of Data & Diligence Review team’s processes, procedures, tools, and applications – including Microsoft products such as Power Automate, Power Apps, Power BI, Office & Visio. Where necessary, provides analysis and support for the selection and monitoring of sub-custodians. Consults/interacts with internal business partners such as Operations, Legal, Risk and Compliance when required. Ensures completion of various daily/ weekly/ monthly tasks from a regulatory and compliance perspective. (CASS, credit ratings review etc.) Ensures an efficient and timely production of the regulatory/compliance internal and client quarterly/ end of year reporting for Global Network Management. Contributes to the subcustody relationships monitoring process and gathers documents for a selected number of markets. Develops plans, tracks, and reports on subcustody relationships monitoring. Creates and maintains regular communication with the Network Managers and third-party vendors. Advise management on risk / regulatory consequences in case of issues. Expected to gain a full understanding of Global Asset Safety and in particular the Client Asset Protection regimes that exist under CASS, CAP, MiFID, AIFMD, UCITS, MPFA, RG133, FCM 17f-5 & 17f-7. To be successful in this role, we’re seeking the following: Bachelor’s Degree, or equivalent combination of education and experience. Advanced / graduate degree is preferred. 2-5 years of total work experience, preferably banking industry experience in global custody network management, product management’ risk, compliance, or client engagement. Strong written and verbal communication skills required, comfortable presenting to internal stakeholders and management. Strong analytical, process flow and operational mapping expertise. Self-motivated, takes ownership and pride in producing work of the highest caliber. Team player with a flexible attitude and dynamic / adaptive approach. Ability to work independently and adapt to changing priorities. English required; additional foreign language skills would be an advantage. At BNY, our culture speaks for itself. Here’s a few of our awards: America’s Most Innovative Companies, Fortune, 2024 World’s Most Admired Companies, Fortune 2024 Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024. Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024. “Most Just Companies”, Just Capital and CNBC, 2024 Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024 Bloomberg’s Gender Equality Index (GEI), 2023 Our Benefits and Rewards: 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. BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

Location: mangalwar-peth, IN

Posted Date: 5/11/2025
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BNY

Posted

May 11, 2025
UID: 5191811791

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