Senior Product Manager, Collateral & Funding Markets

About the Role

We’re seeking a future team member for the role of Senior Product Manager, Collateral & Funding Markets to join our Global Collateral Platform. This role is located in New York City.

Responsibilities

• Demonstrated expertise in U.S. funding markets and U.S. government securities markets, including strong familiarity with U.S. Treasuries, agency MBS, and agency debt instruments.
• Proven track record of designing, launching, or managing financial products, infrastructure capabilities, or strategic initiatives involving triparty repo structures, collateral workflows, or secured financing operating models.
• Deep working knowledge of funding market dynamics, including dealer-to-client and interdealer activity, central bank liquidity operations, and the interaction between public- and private-sector funding channels.
• Strong familiarity with Federal Reserve liquidity frameworks and related public-sector liquidity mechanisms, including the Discount Window, Standing Repo Facility, Reverse Repo operations, collateral pre-positioning, and liquidity readiness considerations.
• Experience working on or alongside public-sector, central-bank, or regulatory-facing initiatives, preferably involving the Federal Reserve System.
• Knowledge of the settlement and operating infrastructure supporting U.S. government securities and secured funding.
• Experience collaborating with legal, compliance, risk, operations, and technology teams to structure new products or market solutions while maintaining appropriate regulatory, control, and documentation standards.
• Strong ability to lead complex, cross-functional initiatives spanning policy advocacy, product design, business requirements, operating model development, and phased delivery execution.
• Ability to interface credibly with public-sector stakeholders, institutional clients, and senior internal stakeholders across Treasury, legal, risk, operations, technology, and product.
• Excellent written and verbal communication skills, including the ability to translate complex market structure and liquidity concepts into clear product strategy and executive-ready materials.

Qualifications

• 10+ years of experience in capital markets, product management, trading, operations, market infrastructure, or strategy, with a focus on collateralized financing markets such as repo, securities lending, or secured funding.
• Bachelor’s degree in Finance, Economics, Business, Public Policy, or a related field; MBA or advanced degree preferred.

Skills

• Direct experience with public-sector market structure initiatives.
• Experience with Fed, Discount Window, FHLB advance structures, liquidity readiness programs, collateral pre-positioning frameworks, or public/private liquidity interoperability topics.
• Experience working at or with custodians, clearing banks, primary dealers, broker-dealers, asset managers, official-sector institutions, or other market infrastructure providers.
• Familiarity with collateral transaction types, collateral optimization tools, collateral management platforms, or securities and loan collateral workflows.
• Direct exposure to regulatory, policy, or industry groups such as SIFMA, TMPG, ISDA, or similar forums.
• Strong project or program management background and familiarity with Agile product development, technology delivery environments, or platform-based transformation work, including digital assets.

About Us

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. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance.

About The Team

At BNY, our culture speaks for itself. Check out the latest BNY news at BNY Newsroom & BNY LinkedIn.

Awards

• America’s Most Innovative Companies, Fortune, 2025
• World’s Most Admired Companies, Fortune 2025
• “Most Just Companies”, Just Capital and CNBC, 2025

Benefits

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.