Associate, Cash Processing/Funds Transfer I

Job Description

Job Description Associate, Cash Processing/Funds Transfer I 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 is all about. We’re seeking a future team member for the role of Associate, Cash Processing/Funds Transfer I to join our Insight Investment team . This role is located in Chennai, TN – HYBRID. In this role, you’ll make an impact in the following ways: Liquidity Management: Actively manage and trade within the Insight Liquidity Vehicle to ensure optimal cash positioning and fund performance. Front Office Collaboration: Maintain close coordination with Fund Managers and Traders to support investment strategies and operational execution. Stakeholder Liaison: Client Cash Management: Process client cash postings accurately by liaising directly with Client Directors and, where necessary, with clients themselves. Trade Instruction: Accurately instruct Unit Trust trades to Transfer Agents, ensuring compliance with internal and regulatory standards. Broker Engagement: Work with brokers to ensure operational readiness, particularly around FX credit lines and trade execution capabilities. Project Involvement: Collaborate with internal project teams to support operational change initiatives and align with evolving business requirements. Regulatory Reporting: Ensure accurate and timely submission of MIFID II transaction reports. Oversight of Outsourced Functions: Provide governance and oversight of outsourced operational activities to ensure service quality and compliance. Transfer Agents and Custodians: Ensure smooth settlement processes and timely resolution of queries. Outsourced Back Office Teams: Oversee and coordinate with third-party service providers handling Fixed Income and Equity Settlements, Corporate Actions, Income Processing, Reconciliations, Data Management, and Transition Management. To be successful in this role, we’re seeking the following: Industry Experience: Minimum of 0-3 years’ experience in a similar role, preferably within an Investment Management or Asset Management firm. Comprehensive understanding of SWIFT messaging standards and global financial markets, with experience in reconciling cash flows within TLM (Transaction Lifecycle Management). Proficient in interpreting SWIFT message types (e.g., MT103, MT202, MT540 series) and ensuring accurate settlement and cash alignment across systems. System Proficiency: Experience with trade capture systems, ideally thinkFolio. Familiarity with Bloomberg and FXAll (or equivalent platforms). Attention to Detail: Demonstrated ability to maintain high levels of accuracy in a fast-paced environment. Time Management: Proven ability to meet strict deadlines while managing multiple priorities effectively. Organizational Skills: Strong multitasking capabilities with a structured and proactive approach to workload management. Communication & Teamwork: Excellent interpersonal and communication skills, with a collaborative mindset and the ability to work effectively within cross-functional teams. Technical Skills: Proficiency in Microsoft Office Suite, particularly Excel, Word, and Outlook. 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.