Vice President, Client Processing Manager II - Trade Operations

The Bank of New York MellonPittsburgh, PA
73d

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 Vice President, Client Processing Manager II to join our Trade Operations team. This role is located in Pittsburgh, PA.

Requirements

  • Bachelors degree or the equivalent combination of education and experience is required.
  • 5-7 years of total work experience is preferred with at least 0-1 years in management.
  • Prior hands-on related work experience in Trade Finance domain, with team management required.
  • Expertise in Standby Letters of Credit (LC) and Guarantees, with thorough knowledge of UCP, URDG, and ISP guidelines, is required.
  • Applicable local / regional licenses or certifications as required by the business.

Nice To Haves

  • Trade Certifications (example: CDCS, CSDG etc.) is an added advantage.

Responsibilities

  • Responsible for Standby LC/Guarantees vetting and drafting in collaboration with clients and internal stakeholders.
  • Ensures best-practice approaches for streamlining and optimization processes through workflow design and technology.
  • Applies in-depth knowledge and expertise on service offerings, proactive assessment and resolution of complex transaction issues.
  • Manage/provide oversight on multiple projects in parallel aiding the teams in achieving the business objectives.
  • Serves as escalation point for complex problems; mentors and guides staff.
  • Oversees recruitment, responsible for development and motivation of team members.
  • Perform RCA, mitigate inherent and residual risk of the processes.
  • Assist Product and Relationship team on client-based solution and strategic business case.
  • Design and provide technical training and create process guide and manual for the process.

Benefits

  • Highly competitive compensation
  • Benefits and wellbeing programs
  • Access to flexible global resources and tools for your life's journey
  • Focus on your health
  • Foster your personal resilience
  • Reach your financial goals
  • Generous paid leaves, including paid volunteer time

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

Education Level

Bachelor's degree

Number of Employees

5,001-10,000 employees

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