Jobs · Management · New York

Senior Vice President, Securities Finance Product Development

BNY · New York, NY · 2 mo ago
Management$104k–$228k/yrFull-time

About the role

We are looking for a Senior Vice President, Securities Finance Product Development to join our Global Markets team. This role is based in New York or Pittsburgh.

Responsibilities

  • Drive AI-infused product development and commercial roll-out for new and evolving Financing offerings across jurisdictions, client segments, and channels.
  • Own the product lifecycle for key initiatives - from market-informed ideation and strategy, through design and delivery, go-to-market, and post-launch optimization.
  • Ensure end-to-end profitability, measurable client adoption, and platform transformation.
  • Lead development of Principal Securities Financing.
  • Scale client service infrastructure.
  • Lead expansion of existing Financing (Agency & Principal) products into prioritized client, borrower, and securities jurisdictions.
  • Drive strategic initiatives across Financing by mobilizing and influencing stakeholders.
  • Create/leverage listening mechanisms: client councils, Sales/Trader feedback loops, competitive scans, regulatory/market structure watch, and industry forums.
  • Define and launch new solutions, including product definition and requirements, stakeholder engagement, and commercialization.
  • Adhere to product governance requirements in the delivery of new products and modifications.

Requirements

  • Minimum 10 years’ experience in financial markets.
  • Minimum 10 years’ experience in Securities Finance, Prime Brokerage.
  • In-depth knowledge of Principal Securities financing and associated regulatory, risk management and operational impacts.
  • Good technology skills.
  • Expertise in end-to-end product implementation, including collaboration with cross-functional teams.
  • Excellent communication and client engagement skills.

Qualifications

  • Strong leadership and project management skills.
  • Experience in product development and commercial roll-out.
  • Knowledge of regulatory requirements and risk management.
  • Ability to work collaboratively with cross-functional teams.
  • Strong analytical and problem-solving skills.

Skills

  • Technical proficiency in relevant software and platforms.
  • Strategic thinking and innovation.
  • Client relationship management.
  • Collaboration and teamwork.
  • Communication and presentation skills.

Benefits

At BNY, we offer 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, including health focus, personal resilience, and financial goals.

Pay

The base salary for this position is expected to be between $104,000 and $228,000 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.

Schedule

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.

Contact Us

To apply, please visit our careers page at [Insert Application Link]. For more information about BNY, please visit our company newsroom at BNY Newsroom.

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