Specialist, Middle Office II

Job-:
Accounting Services

Location:

Pittsburgh, PA, United States;
Boston, MA, United States Workplace:
Hybrid

Schedule:

Full time, Day Posted:
Base Salary Min: 52000

Base Salary Max: 83000

Specialist, Middle Office IIBNY is seeking an 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, counter parties, 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 counter parties 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.

About the organization

At BNY, our culture speaks for itself, check out the latest BNY news at BNY Newsroom & BNY Linked In Here’s a few of our recent awards:

America’s Most Innovative Companies, Fortune, 2025

World’s Most Admired Companies, Fortune 2025“Most Just Companies”, Just Capital and CNBC, 2025

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…