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 for the role of VP, Product Management II to join our Treasury Services team. This role is located in New York, NY or Pittsburgh, PA.
In this role, you'll make an impact in the following ways:
Responsible for management, development & strategy of a suite of FX payments products which have a large or strategic importance to the Treasury Services business, especially low-value cross-border FX payments. Establishes the strategic approach for the development of a product or portfolio of products.
Builds the business case for firm offerings in the marketplace and ensures that the team understands the competitive landscape and the industry environment. Working closely with client facing employees, such as the Sales teams, to gather client requirements & use cases to deliver holistic solutions for clients through technological developments.
Responsible for driving growth and profitability for products under management.
Manages the product life cycle from development through marketing, client onboarding & ongoing support.
Ensures appropriate product mix is available for existing and new Treasury Services clients; identifying opportunities and/or gaps within the existing firm product portfolio.
Identifies areas for enhancement or new/innovative features, conducts feasibility assessments, and make recommendations to senior leaders.
Establishes the criteria for product evaluation, pricing, promotion, distribution strategies and competitive differentiators.
Collaborates with peers in Relationship Management, Business Development, Account Management, Commercialization and Marketing teams to deliver on sales and market share goals.
Responsible for ensuring that all work conducted by the broader FX product management team aligns necessary regulatory requirements.
Assists staff in navigating Risk, Legal or Compliance requirements.
Recruits, directs, motivates and develops staff, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team.
To be successful in this role, we're seeking the following:
Bachelors degree or the equivalent combination of education and experience is required. Advanced/graduate degree preferred.
5-7 years of total work experience preferred.
Experience in Payments, specifically cross-border and FX Payments.
Financial services experience preferred.
Applicable local/regional licenses or certifications as required by the business.
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 $81,000 and $170,000 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.