Specialist, Middle Office II

Job-ID: 78616Category: Accounting ServicesLocation: Pittsburgh, PA, United States; Boston, MA, United StatesWorkplace: HybridSchedule: Full time, DayPosted: 2026-07-14Base Salary Min: 52000Base Salary Max: 83000Specialist, 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, 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.QualificationsBachelor’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 SkillsExperience 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 organizationAt BNY, our culture speaks for itself, check out the latest BNY news at BNY Newsroom & BNY LinkedIn Here’s a few of our recent awards:America’s Most Innovative Companies, Fortune, 2025World’s Most Admired Companies, Fortune 2025“Most Just Companies”, Just Capital and CNBC, 2025Our 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.BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting. Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee’s eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.If hired, the employee will be in an “at will” position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.About the companyAt BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.