Job Description

The IBOR Accounting Specialist II (SP2) is responsible for accurate, timely, and controlled processing across the Investment Book of Record (IBOR). These roles own end‑to‑end account processing and reconciliation activities for medium to high complexity accounts, drive resolution of breaks between IBOR and third‑party sources and collaborate across Middle Office Operations to maintain data integrity and support downstream consumers. Specialist II can communicate clearly with internal and external partners, document remediation, and ensure updates are reflected promptly in IBOR systems. Aligned with One BNY and our principles—Be Client Obsessed, Spark Progress, Own It, Stay Curious, and Thrive Together—they embrace continuous improvement, responsible AI adoption, and operational excellence while building foundational IBOR domain expertise.

Responsible for processing, monitoring, researching, and analyzing IBOR transactions and resolving complex inquiries independently
Coordinates with multiple internal stakeholders and external clients to gather and disseminate data-related information about transactions.
Conducts research to gather information on complex transactions and data-related, straightforward inquiries for Listed Assets: Equities, Fixed Income securities, Government Bonds, Money Markets, etc.
Responsible for IBOR Portfolio Accounting activities and Reconciliations (cash, asset, and market value), break assignment, investigation, and resolution of breaks for complex accounts
Responsible for the daily monitoring, processing, and reporting of IBOR activities not limited to account maintenance, security reference, pricing, portfolio valuation, asset transfers, monthly accounting close processes, cash projection reports, cash management support, monthly end-client statement workflow and validation and ad hoc reporting.
Focus is on gaining experience and developing Middle Office IBOR skills and expertise in APAC markets.
Escalates complex transactions to senior team members and provides guidance to less experienced team members.
Collaborate with a group of internal and external stakeholders to deliver recommendations to complex inquiries.
Regularly interacts with clients in providing consultation and resolving complex inquiries and transactions.
No direct reports. Provides guidance to less experienced Middle Office staff as needed.
Contributes to the achievement of team objectives.

To be successful in this role, we're seeking the following:

Bachelor's degree in finance or the equivalent combination of education and experience is required.
3-6 years of total relevant work experience and experience in reconciliation and portfolio accounting is preferred

About Us

At 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 is all about. Join us and be part of something extraordinary.

About The Team

At 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, 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 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.

Specialist 2, Middle Office (IBOR)