What are the responsibilities and job description for the Senior Vice President, Product Manager position at BNY?
Senior Vice President, Product Manager
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the worlds financial system we touch nearly 20% of the worlds 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 are seeking a future team member for the role of Product Manager to join our Global Collateral Platform. This role is in New York, NY Hybrid.
The experienced individual will focus on developing and enhancing products on our Global Collateral Platform focusing on U.S. government securities financing markets. The candidate should understand fixed income financing markets, the role Central Counterparties (CCPs) play in the market, and the types of collateral products and services that are important in the market. The candidate will play a crucial role in supporting the SECs U.S. Treasury Central Clearing rule working with existing and new CCPs. The individual will collaborate with internal stakeholders as well as CCPs to develop / build out products to support financing and liquidity markets and the central clearing mandate. This role involves close collaboration with internal teams, CCPs, regulatory bodies and market participants to ensure our products support the central clearing mandate, and access to the models offered by CCPs.
In this role, you will make an impact in the following ways :
- Product Development : Lead the development and enhancement of products that facilitate U.S. fixed income financing, related CCP products and services and compliance with the U.S. Treasury Central Clearing Mandate
- Stakeholder Collaboration : Work closely with CCPs, market participants, regulators, and internal stakeholders to gather requirements, design and launch products, including those that align with clearing requirements.
- Project Management : Oversee the implementation of product initiatives, ensuring timely delivery and achievement of project goals.
- CCPs & Market Participants : Provide expert support and guidance to CCPs and market participants regarding U.S. governments securities financing markets, the Treasury market and central clearing mandate.
To be successful in this role, we are seeking the following :
At BNY, our culture speaks for itself. Here are a few of our awards :
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 lifes 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 $100,000 and $190,000 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.
Salary : $100,000 - $190,000
