At a Glance
- Tasks: Support product delivery and collaborate with teams to achieve business goals.
- Company: Join BNY, a leading global financial services company driving innovation.
- Benefits: Competitive pay, flexible resources, generous leave, and wellbeing programs.
- Other info: Dynamic culture with opportunities for personal and professional growth.
- Why this job: Be part of transformative solutions that redefine industries and uplift communities.
- Qualifications: Experience in derivatives middle office and strong collaboration skills required.
The predicted salary is between 80000 - 88000 £ per year.
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.
We’re seeking a future team member for the role of Foundational Product Owner to join our Integrated Middle Office Solutions team. This role can be based in either Manchester or London.
As part of this role, you will support delivery of team-level priorities and execution of product tasks aligned to the platform vision. You will also collaborate across pods and stakeholders to assist in managing dependencies and tracking progress toward shared goals.
In this role, you’ll make an impact in the following ways:
- Supporting the Product Owner and team in delivering outcomes aligned to platform and business goals.
- Translate product vision and platform strategy into clear team-level deliverables.
- Collaborate with cross-functional teams and across pods to gather input and provide coordination support for delivery.
- Participate in user research, data analysis, and stakeholder engagement to inform product planning.
- Assist in managing product backlogs by drafting user stories, refining requirements, and prioritising upcoming work with guidance from the PO.
- Support client onboarding activities, ensuring client requirements are translated into business asks and compared to BNY's standard operating model.
- Communicate progress, risks, and updates with relevant stakeholders, ensuring transparency and alignment.
- Support preparation and facilitation of sprint planning, demos, and retrospectives.
- Ensure user stories include necessary acceptance criteria and reflect user needs accurately.
- Contribute to the commercial development of the business via new business conversations.
To be successful in this role, we’re seeking the following:
- Deep experience in derivatives middle office, with strong knowledge of Derivatives management processes including trade capture, lifecycle management, settlement, valuation, and interaction with front office, operations, risk, and broker interaction.
- Strong understanding of regulatory, operational, and data considerations relevant to Derivatives in a derivatives environment, including control frameworks, reconciliation, exception management, process efficiency, and the use of workflow, reporting, and analytics tools to improve service and risk outcomes.
- Experienced in supporting client delivery within a pod or team environment, helping translate client/business priorities into clear requirements, contributing to backlog refinement, defining user stories and acceptance criteria, managing dependencies, and supporting improvements across collateral-related workflows and controls.
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.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
Vice President, Derivatives Product Manager employer: BNY Mellon
At BNY Mellon, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation in the heart of Manchester. Our commitment to employee growth is evident through comprehensive training programs and career advancement opportunities, alongside competitive compensation and benefits that ensure our team members feel valued and supported in their professional journeys.
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, Derivatives Product Manager
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like BNY Mellon. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Vice President, Derivatives Product Manager
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to BNY Mellon.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on BNY Mellon's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at BNY Mellon
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with BNY Mellon.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at BNY Mellon will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former BNY Mellon employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
