Senior Vice President, ETF Services
About The Position
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 – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary. We’re seeking a future team member for the role of SVP to join our ETF Service Delivery Team. The position is located in Lake Mary, Florida (4 day in office expectation).
Requirements
- Bachelor’s degree in accounting or the equivalent combination of education and experience.
- 7+ years of total work experience preferred.
- Experience at a Big 4 accounting firm preferred.
- Ability to provide guidance to less experienced team members.
- May have people management responsibilities in some geographies.
- Experience in ETF operations, custody, collateral management, or securities settlement (Canadian market knowledge is a plus).
- Strong understanding of in‑kind ETF creation/settlement workflows and cash collateral mechanics.
- Proficiency with operational systems; experience with wire processing and reconciliations is preferred.
- Excellent attention to detail, control mindset, and documentation rigor; comfortable with intraday monitoring through market close.
- Strong communication skills to manage AP interactions and cross‑functional coordination.
- Ability to prioritize, manage exceptions, and make risk‑aware decisions under time constraints.
Responsibilities
- Conduct collateral movement for ETF settlements across multiple domiciles.
- Coordinate ETF basket‑level settlement monitoring, communication with Authorized Participants (APs), and cash wire processing.
- Engage with APs to coordinate collateral calls for delayed settlement ETF creates.
- Receive and release funds to segregated custody accounts; process wires and confirmations.
- Perform intraday monitoring and exception handling through market close to support timely issuance of ETF units.
- Track and return excess collateral accurately and promptly; ensure precision in cash movements.
- Maintain detailed documentation and evidencing for operational steps, approvals, and communications.
- Escalate breaks and risk items; coordinate resolution across APs, Custody, and ETF operations.
- Serve as a primary operational contact for APs on collateral logistics and settlement readiness.
- Operate within defined control frameworks, dual‑control processes, and approval checkpoints.
- Regularly interact with stakeholders to answer questions and resolve issues regarding fund balances and processes.
- Assist in evaluating GAAP and/or IFRS rules to determine the impact of new regulations on BNY Mellon fund accounting practices.
- Provide second‑line review and authorization for collateral calls, releases, and wire actions.
- Validate reconciliations, settlement readiness, and exception resolutions; ensure control compliance.
- Own escalation decisions, risk assessments, and end‑of‑day attestations; oversee auditability and documentation quality.
Benefits
- Highly competitive compensation
- Benefits and wellbeing programs
- Access to flexible global resources and tools
- Generous paid leaves
- Paid volunteer time
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Number of Employees
1-10 employees
