History of Bank of the New York Mellon

The Bank of the New York Mellon corporation is a company that offers financial services globally. It was formed in 2007 as a   result of the merger of Bank of New York and Mellon Financial Corporation. The company offers services such as asset and wealth management, advisory, issuance and treasury services, asset servicing and broke dealer. Tracing its history from the establishment of   Bank of   New York, it is known to be the oldest banking corporation in the United States with assets of $25.0 trillion under custody and administration presently.

Job Description/Wage Average

Tax Analyst: This person evaluates the company’s performance data and come up with tax saving strategies for the benefit of the company. When evaluating the operational data, this analyst will also help and advise the company to abide with the regulations of the state, local, fiscal and more importantly with the Internal Revenue Service. It is important for this analyst to help and guide the company in managing and abiding tax rules to ensure compliance and to avoid law suits. A tax analyst helps compute quarterly or annual corporate tax liabilities and supervise the filing of the company/firm to ensure that it is submitted on time. The annual wage average for this position ranges from $34,000 to $44,000.

Senior Programmer Analyst: This person is a system analyst and applications programmer. He/She creates and develop systems and incorporate application programs which he/she can write into the created systems. This analyst help the company to improve their operating systems by studying them and come up with strategies to help operations and programs improve. One is also tasked to do reports on performance of new and existing systems and results of process integration to the management concern. This analyst has to ensure that softwares or operational systems created or modified will work harmoniously with other functional systems. The annual wage average for this position ranges from $75,000 to $142,000.

Fund Accountant: This person performs accounting   of set of accounts such as portfolio of investments, cash settlements and fund share activities. This accountant is not concern with the financial profitability of the company or organization but is rather concern with the accountability and finance of accounts to prevent operational losses. Fund accounts are usually used by non profit organizations and governments. One has to ensure that there is enough funds to support operations of a given organization. He/She has to price securities and calculate net asset value per share for funds. Regular reports are to be done regarding fund information and has to ensure that all operations are within regulations. The annual wage average for this position ranges from $32,000 to $55,000.

Portfolio Administrator: This person manages client investments. He/She will do accounting on a daily basis, open accounts, organize client response and conduct researches about performance in this field. Through researches, one can suggest implementation of strategy changes. This administrator will deal with clients frequently since he/she is entrusted with their accounts and investments. He/She will attend meetings, communicate with shareholders, accountants and lawyers to resolve account matters. The annual wage average for this position ranges from $35,000 to $65,000.

Accounting Analyst: This analyst has an extensive knowledge in managing complex accounting tasks. One is to interpret and evaluate financial statements. Numbers must match the financial statements and accounting records. If numbers do not match, it is the responsibility of this analyst to investigate why there is such occurrence. One is to monitor and oversee different professionals that is within the business, figure out different accounting activities such as with property taxes and payroll. He/She must be able to come up with results on why there are mismatches in operations. The annual wage average for this position ranges from $37,000 to $60,000.

Benefits

• Health Care (Medical, Dental and Vision)
• Life Insurance
• Disability Insurance
• Business travel Insurance
• Accident Insurance
• Holidays and Vacations
• Retirement Plans

How to Apply

The company has an online resume form that is to be filled if one is to express interest in applying. It is highly encouraged that applicants create a profile so that the company can match your skills and interest to their open job opportunities.

www.bnymellon.com/careers