2025 BNY Summer Internship Program – Asset Servicing
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 welcome you to apply!When applying to this general internship program posting, our expert BNY Talent Acquisition Team may also review your resume for consideration across other open early career roles within the company.
We're seeking future team members for ourAsset Servicing Teamwith roles located inBoston, MAinhybridpositions.
Summer Internship Program
The BNY Summer Internship Program provides high-potential students with a well-rounded, rewarding 10-week internship experience, as well as an inside look into what it is like to work for a global financial services organization that has been innovating and serving clients since 1784. With projects specifically chosen to both challenge and develop participants, our summer interns will gain valuable real-world experiences while learning to work together in collaborative teams and building a robust network within BNY.
From day one, summer interns are immersed in BNY's innovative and dynamic company culture as they will receive:
Enterprise-led intern orientation program combined with ongoing an executive speaker series and virtual training curriculum designed specifically for summer interns
Meaningful and challenging work assignments that deliver learning and skill development through practical work, mentorship, and training
Career development and networking support from a host of corporate leaders including internship managers, senior and peer mentors, business stakeholders and a dedicated program manager
Exposure to different areas of business?throughout the organization
Comprehensive professional etiquette and financial services fundamentals training, along with technical and business acumen development
Understanding of BNY's commitment to diversity and inclusion
A collaborative and supportive community with full commitment of top-level management to deliver a premier internship/talent pipeline program within the financial services industry.
Asset Servicing
Asset Servicing is a foundational business for BNY – it attracts increased client and investor attention whilst creating opportunities for other businesses across our organization. It is comprised of products and services that help our clients (fund managers, banks, insurance companies, etc.) with different parts of their operating models. The main products and services that we offer our clients include:
Custody:Services to hold, transact, and settle securities and cash to support global investment activities. Some of the core services include Custody and Safekeeping of assets; Tax and Regulation; and Trust and Depositary
Fund Services: Valuation services and end-investor solutions for retail and institutional funds. Enhanced accounting services to support complex capital-based fund structures. With 2 of the fastest growing areas with Alternatives Servicing and ETF Servicing.
Middle Office: Implementsolutions to help our clients with their end-to-end investment analysis from post-trade execution to and through end stakeholder communication. Services include Trade Management; Derivatives and Collateral Management; and IBOR
To run and operate each business above, our organization is reliant on a wide range of teams inclusive of: Business Development / Relationship Management, Client Experience, Corporate partners (People Team, Operations, Finance, Technology), etc. It is an optimal time to be a part of the Asset Servicing team as we are market leaders with strong global partnerships across the industry. We lead with trust and innovation, with a commitment to collaborate with our clients to transform the financial services industry for the future.
Program Eligibility:
Enrollment in a 4-year undergraduate degree program with a strong focus on business and technology, with specific emphasis on finance, economics, marketing, communication, and/or data analytics; however open to all majors with an individual interested in the financial services industry
Individuals who will be graduating in December 2025 through June 2026
Minimum cumulative GPA of 3.0 or better
Well-rounded experience including demonstrated leadership skills
Excellent written and oral communication skills
Not require sponsorship for employment visa status (now or in the future) in the region where they apply.?
At BNY, our culture speaks for itself. Here's a few of our awards:
America's Most Innovative Companies, Fortune, 2024
World's Most Admired Companies, Fortune 2024
Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
"Most Just Companies", Just Capital and CNBC, 2024
Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
Bloomberg's Gender Equality Index (GEI), 2023
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 $65,000 and $75,000 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 (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.