What are the responsibilities and job description for the Payments Data Strategy Lead position at BNY Mellon?
Overview
Payments Data Strategy Lead
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 #LifeAtBNY is all about.
We’re seeking a future team member in the role of Payments Data Strategy Lead to join our Payments, Treasury Services, and Depositary Receipts Data Management team . This role is in NYC, NY
In this role, you’ll make an impact in the following ways:
Leading implementation for workstreams within the Payments Data Strategy
Define and lead strategy stakeholders to execute workstreams within the Payments data strategy, in alignment with BNY Mellon’s corporate data strategy
Drive use of data for commercial impact in Payments, including cost reduction, risk reduction, and business growth
Run governance forums to provide oversight for planning, prioritization, escalation and OKR management
Responsible for execution plans (inc. BoW prioritization), risk and issue management, and status reporting
Responsible to execute critical & high priority business process re-engineering efforts which align with strategy goals
Drive data projects and initiatives
Act as the sponsor/ delegate on data projects and initiatives for Payments
Drive payments relevant data initiatives outside of the platform (e.g., enterprise-wide remediation efforts)
Support implementation of payments relevant large-scale transformation programs
Partner with payments stakeholders across the enterprise to understand and meet payment standardization data requirements
Managing the Lifecycle of Data
Work in conjunction with the Data Governance Lead and team to
define and prioritize critical data for the LOB / CF, in alignment with EDM standards
identify authoritative datasets (“ADS”)
document data lineage for all LOB / CF data through its lifecycle, which includes the data’s origins and where it moves over time
implement data controls through strong governance and Metadata Mgmt framework, including leading data rationalization practices
Ensure LOB / CF completes the data maturity assessment in a timely manner.
Establishing a strong data governance and control framework
Work in conjunction with Data Quality and Data Privacy Leads to
Execute procedures for data privacy, access, analysis, storage, management, quality, and protection
Implement data quality framework, conduct quality reporting, and execute issue remediation plans to ensure swift resolution of data issues. Monitor Data Quality issues and ensure attention to solve the issues.
Represent the Line of Business / Corporate Function in the appropriate data governance forums.
To be successful in this role, we’re seeking the following:
Experienced hands-on Data Strategy implementation, from concept to implementation with a demonstrable track record of delivery.
10 - 15 years of total work experience with at least 7 years in a data management role preferred. Experience over operational activities (business analysis, testing, etc.), reference data and/or enterprise data management or data governance preferred .
Strong stakeholder management and people skills, and the ability to manage multiple competing priorities under pressure. You will have strong analytical and management skills, are familiar with Agile methodology and played an active role in scrums such as backlog refinement, sprint planning and execution. The ability to apply backlog prioritization to define sprint goals and enable iterative deliveries is key.
Strong understanding of data governance principles, data quality management concepts, and regulatory requirements (e.g. BCBS 239, GDPR)
Experience with data governance tooling and technologies, data profiling, data cleansing, and data remediation techniques.
Strong analytical and problem-solving skills with the ability to analyze complex data issues and drive effective solutions
People Leadership, be able to inspire and build momentum across a global team but you are also a team player, happy to roll up your sleeves when needed.
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.
BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $113,000 and $246,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.
Employer Description:
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.
EEO Statement:
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans. Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.
Payments Data Strategy Lead
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 #LifeAtBNY is all about.
We’re seeking a future team member in the role of Payments Data Strategy Lead to join our Payments, Treasury Services, and Depositary Receipts Data Management team . This role is in NYC, NY
In this role, you’ll make an impact in the following ways:
Leading implementation for workstreams within the Payments Data Strategy
Define and lead strategy stakeholders to execute workstreams within the Payments data strategy, in alignment with BNY Mellon’s corporate data strategy
Drive use of data for commercial impact in Payments, including cost reduction, risk reduction, and business growth
Run governance forums to provide oversight for planning, prioritization, escalation and OKR management
Responsible for execution plans (inc. BoW prioritization), risk and issue management, and status reporting
Responsible to execute critical & high priority business process re-engineering efforts which align with strategy goals
Drive data projects and initiatives
Act as the sponsor/ delegate on data projects and initiatives for Payments
Drive payments relevant data initiatives outside of the platform (e.g., enterprise-wide remediation efforts)
Support implementation of payments relevant large-scale transformation programs
Partner with payments stakeholders across the enterprise to understand and meet payment standardization data requirements
Managing the Lifecycle of Data
Work in conjunction with the Data Governance Lead and team to
define and prioritize critical data for the LOB / CF, in alignment with EDM standards
identify authoritative datasets (“ADS”)
document data lineage for all LOB / CF data through its lifecycle, which includes the data’s origins and where it moves over time
implement data controls through strong governance and Metadata Mgmt framework, including leading data rationalization practices
Ensure LOB / CF completes the data maturity assessment in a timely manner.
Establishing a strong data governance and control framework
Work in conjunction with Data Quality and Data Privacy Leads to
Execute procedures for data privacy, access, analysis, storage, management, quality, and protection
Implement data quality framework, conduct quality reporting, and execute issue remediation plans to ensure swift resolution of data issues. Monitor Data Quality issues and ensure attention to solve the issues.
Represent the Line of Business / Corporate Function in the appropriate data governance forums.
To be successful in this role, we’re seeking the following:
Experienced hands-on Data Strategy implementation, from concept to implementation with a demonstrable track record of delivery.
10 - 15 years of total work experience with at least 7 years in a data management role preferred. Experience over operational activities (business analysis, testing, etc.), reference data and/or enterprise data management or data governance preferred .
Strong stakeholder management and people skills, and the ability to manage multiple competing priorities under pressure. You will have strong analytical and management skills, are familiar with Agile methodology and played an active role in scrums such as backlog refinement, sprint planning and execution. The ability to apply backlog prioritization to define sprint goals and enable iterative deliveries is key.
Strong understanding of data governance principles, data quality management concepts, and regulatory requirements (e.g. BCBS 239, GDPR)
Experience with data governance tooling and technologies, data profiling, data cleansing, and data remediation techniques.
Strong analytical and problem-solving skills with the ability to analyze complex data issues and drive effective solutions
People Leadership, be able to inspire and build momentum across a global team but you are also a team player, happy to roll up your sleeves when needed.
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.
BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $113,000 and $246,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.
Employer Description:
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.
EEO Statement:
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans. Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.
Salary : $113,000 - $246,000
