Vice President, Client Processing - Core Clearing Client Processing

Overview

Vice President, Client Processing - Core Clearing Client Processing

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Location:

Jersey City, NJ

• The Vice President, Client Processing plays a crucial role within the Transaction Processing function at BNY, ensuring the seamless execution of client transactions while upholding the organization s commitment to operational excellence. This role supports BNY s pillars of client-centricity and operational efficiency by managing complex client processing tasks with precision and expertise, fostering accountability, collaboration, and innovation to enhance client trust and satisfaction.
• Works with external clients to resolve complex day-to-day issues and direct them to appropriate resources at BNY.
• Supports clients in addressing and resolving complex operational and technical issues and ensuring requests are executed.
• Applies advanced problem solving skills, judgement, and experience to analyze information.
• Provides individuals at assigned clients information related to BNY products and services representing an array of lines of business and geographies and leverages an in-depth understanding of broader BNY services and offerings.
• Provide complex analytics and reporting services, working to improve and automate Core Clearing systems.
• Handle complex external client issues including servicing various programs, resolving operational issues, and product implementations.
• Responsible for the cashiering of securities and the processing of new issues, wire transfers, and security exchanges.
• Review and approve transactions through various workflows.
• Solve complex problems based on an understanding and knowledge of the intricacies of the system.
• Participate in innovative product development, product enhancement, and system testing to ensure that Global Clearing products continue to accurately and efficiently process high value transactions.

• Bachelor s degree in Finance, Business, or a related field. Advanced degree or relevant certifications (e.g., CFA, CPA) preferred.
• Typically 7-12 years of experience.
• Strong analytical and problem-solving abilities to manage complex transaction processes.
• Excellent communication and interpersonal skills to effectively collaborate with clients and internal teams.
• Proficiency in transaction processing systems and a keen ability to leverage technology for process improvements.
• Experience in an operational area and/or client services preferred.
• Series 7 and Series 24 FINRA licenses preferred.
• Experience in DTC, Fed, or Non-US Market clearance and settlements operations preferred.
• Prior hands-on experience with AI prompting and automation projects highly preferred.

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.

The base salary for this position is expected to be between $81,000 and $175,000 per year at the commencement of employment. This range is determined on an individualized basis, including experience and market location, and is only part of the total compensation package, which may include commission earnings, discretionary bonuses, short and long-term incentives, and Company-sponsored benefit programs. This position is at-will and the Company reserves the right to modify base salary (and any other discretionary payment or compensation) at any time, including for reasons related to performance, location, or market factors.

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