Senior Vice President, Transaction Management Group Manager

About the role

This role is hybrid (in office 4 days a week), and is based out of our Houston, TX - Pittsburgh, PA, New York, NY office.

Responsibilities

• Manages a large team of Transaction or Deal Management professionals and directs staff responsible for negotiating, reviewing, analyzing, and executing deal documents or services in transactions in compliance with regulatory guidelines (where applicable), and BNY standards, policies and preferred processes and procedures, and client specifications.
• Affirms effective legal and operational risk mitigation in all deal transaction documentation matters.
• Oversees the performance of assigned staff, is an escalation point and Subject Matter Expert for transaction related issues and provides coaching, guidance and feedback.
• Provides planning for required resources with the next level manager and is responsible for attracting and retaining talent.
• Contributes to/provides guidance as to the implementation of the operating and/or administrative protocols for the Transaction Management activities of the relevant team, while making recommendations for process improvements.
• Uses subject-matter expertise on specific segment and transaction practices and methodologies to direct on resolution of operational and/or transactional issues as required.
• Provides leadership to the relevant team in structuring*and/or negotiating* the terms of the transaction in accordance with product specification and business strategic objectives.
• Ensures negotiations of underlying contract carried out by the team accurately reflect the nature of contracted roles and obligations in line with client and business objectives.
• Provides consistent direction and guidance to the team where required, to ensure that negotiations with lawyers, advisors, clients, market participants on transactions are executed in a manner that manages risk while maximizing revenue in line with business strategic objectives.
• Liaises with internal and external business contacts such as Compliance, Audit, Risk, Legal, Business and Jurisdictional Acceptance Committees, Business Risk Committee and the Default Administration Group, where applicable.
• Reviews escalated issues (which may include matters of a complex legal and/or regulatory nature) and works with BNY businesses and clients to resolve potential issues.
• Manages a large team of Market/Client Risk professionals and support staff. Responsible for the achievement of multiple team goals and objectives, talent management and supervision of team members across one or more products and legal jurisdictions.
• Oversees the transaction management of products within the relevant team associated with a moderately large portion of business unit revenue ($20-$50M) or deal flow of approximately 1,000 transactions annually in an environment of moderate complexity and high inherent risk.

Requirements

Bachelor’s degree or the equivalent 7-10 years of work experience in Deal Management and/or Corporate Trust.

Qualifications

Not specified.

Skills

Not specified.

Benefits

Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

Pay

The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting. Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience.

Schedule

If hired, the employee will be in an “at will” position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.