Specialist, Middle Office II

Specialist, Middle Office II

BNY is seeking a Specialist II to join our Middle Office Bank Loans team. In this role, you will support the operational lifecycle of bank loan transactions, serving as a key point of coordination between internal teams, clients, counterparties, and external agents. The ideal candidate is detail-oriented, client-focused, and able to manage competing priorities in a fast-paced environment.

This position offers the opportunity to develop expertise in loan operations, trade support, settlement processes, and risk controls while contributing to a strong team culture and delivering high-quality service.

Key Responsibilities may include but are not limited to:

• Support the daily processing and oversight of bank loan transactions across the trade lifecycle.
• Review trade capture, allocations, settlements, and funding activity for accuracy and completeness.
• Coordinate with front office, investment managers, custodians, agent banks, and counterparties to resolve trade and settlement exceptions.
• Monitor pending transactions and proactively follow up on breaks, fails, and outstanding items.
• Perform reconciliations and investigate discrepancies related to positions, cash, and loan activity.
• Ensure all activities are completed in accordance with internal controls, operating procedures, and risk management standards.
• Assist with new deal closings, amendments, restructurings, and other lifecycle events as applicable.
• Maintain accurate records and documentation for audit, compliance, and client reporting purposes.
• Contribute to process improvement initiatives that enhance efficiency, control, and client experience.
• Escalate issues appropriately and support timely resolution of operational risks or service concerns.
• Partner with team members and stakeholders to meet service level expectations and business objectives.

Qualifications

• Bachelor's degree in finance, business, economics, or a related field, or equivalent combination of education and experience.
• Relevant experience in financial services, operations, middle office, loan operations, or asset servicing preferred.
• Basic understanding of bank loan products, trade lifecycle, settlements, and operational workflows is preferred.
• Strong analytical and problem-solving skills with close attention to detail.
• Effective written and verbal communication skills.
• Ability to manage multiple priorities in a deadline-driven environment.
• Proficiency in Microsoft Excel and other Microsoft Office applications.
• Strong organizational skills and a proactive approach to issue resolution.
• Ability to work both independently and collaboratively within a team.

Preferred Skills

• Experience supporting syndicated bank loans or alternative investment operations.
• Familiarity with loan processing platforms, reconciliation tools, or custody/settlement systems.
• Understanding of risk and control frameworks within operations.
• Continuous improvement mindset with interest in automation or workflow optimization.